Article 6 sec 16

Section 16 is a rule within the Securities Exchange Act of SEA that articulates the regulatory filing responsibilities that directors, officers, and principal stockholders are legally required to adhere to. The Securities and Exchange Act of is a law that governs the secondary trading of securities in the U.

This wide-ranging legislation was established in as part of an effort to guarantee more transparency and less fraud in financial dealings.

The Securities and Exchange Act of can be contrasted to the Securities Act ofwhich governs the original issues of securities.

Section 16 imposes filing standards for "insiders. Section 16 also applies to investors in public companies who own fixed-income securities i. Anyone who can be classified as an insider must file specific forms with the SEC that disclose their equity interests. These documents also describe how their investment positions have changed over time, in light of previous transactions. For example, if a person is part of a shared household where an immediate family member beneficially owns an interest in a covered company, that individual is equally subject to Section 16 filing requirements.

In addition, Section 16 deems those who own equity derivatives that, upon their exercise, provide equity interest, as beneficial owners. These forms can be filed electronically. New directors, new officers, and new significant shareholders must file Form 3 within 10 days of acquiring such investment assets.

If there is a material change in the holdings of a company's insiders, they must file Form 4 with the SEC. Investing Essentials. Hedge Funds. Your Money.

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Personal Finance. Your Practice. Popular Courses. What Is Section 16?

article 6 sec 16

Key Takeaways Section 16 is a rule within the Securities Exchange Act of SEA that articulates the regulatory filing responsibilities that directors, officers, and principal stockholders are legally required to adhere to.

Compare Accounts. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Short-Swing Profit Rule The short-swing profit rule limits the capacity of company insiders to make profits on the swift purchase and sale of company stock.

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Partner Links. Related Articles. Investopedia is part of the Dotdash publishing family.Section 1. The legislative power shall be vested in the Congress of the Philippines which shall consist of a Senate and a House of Representatives, except to the extent reserved to the people by the provision on initiative and referendum. Section 2. The Senate shall be composed of twenty-four Senators who shall be elected at large by the qualified voters of the Philippines, as may be provided by law.

Section 3. No person shall be a Senator unless he is a natural-born citizen of the Philippines and, on the day of the election, is at least thirty-five years of age, able to read and write, a registered voter, and a resident of the Philippines for not less than two years immediately preceding the day of the election. Section 4. The term of office of the Senators shall be six years and shall commence, unless otherwise provided by law, at noon on the thirtieth day of June next following their election.

No Senator shall serve for more than two consecutive terms. Voluntary renunciation of the office for any length of time shall not be considered as an interruption in the continuity of his service for the full term of which he was elected. Section 5. For three consecutive terms after the ratification of this Constitution, one-half of the seats allocated to party-list representatives shall be filled, as provided by law, by selection or election from the labor, peasant, urban poor, indigenous cultural communities, women, youth, and such other sectors as may be provided by law, except the religious sector.

Each city with a population of at least two hundred fifty thousand, or each province, shall have at least one representative. Section 6. No person shall be a Member of the House of Representatives unless he is a natural-born citizen of the Philippines and, on the day of the election, is at least twenty-five years of age, able to read and write, and, except the party-list representatives, a registered voter in the district in which he shall be elected, and a resident thereof for a period of not less than one year immediately preceding the day of the election.

Section 7. The Members of the House of Representatives shall be elected for a term of three years which shall begin, unless otherwise provided by law, at noon on the thirtieth day of June next following their election. No Member of the House of Representatives shall serve for more than three consecutive terms.

Voluntary renunciation of the office for any length of time shall not be considered as an interruption in the continuity of his service for the full term for which he was elected. Section 8.

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Unless otherwise provided by law, the regular election of the Senators and the Members of the House of Representatives shall be held on the second Monday of May. Section 9. In case of vacancy in the Senate or in the House of Representatives, a special election may be called to fill such vacancy in the manner prescribed by law, but the Senator or Member of the House of Representatives thus elected shall serve only for the unexpired term.

Section The salaries of Senators and Members of the House of Representatives shall be determined by law. No increase in said compensation shall take effect until after the expiration of the full term of all the Members of the Senate and the House of Representatives approving such increase. A Senator or Member of the House of Representatives shall, in all offenses punishable by not more than six years imprisonment, be privileged from arrest while the Congress is in session.

article 6 sec 16

No Member shall be questioned nor be held liable in any other place for any speech or debate in the Congress or in any committee thereof.

All Members of the Senate and the House of Representatives shall, upon assumption of office, make a full disclosure of their financial and business interests. They shall notify the House concerned of a potential conflict of interest that may arise from the filing of a proposed legislation of which they are authors.

No Senator or Member of the House of Representatives may hold any other office or employment in the Government, or any subdivision, agency, or instrumentality thereof, including government-owned or controlled corporations or their subsidiaries, during his term without forfeiting his seat. Neither shall he be appointed to any office which may have been created or the emoluments thereof increased during the term for which he was elected.

No Senator or Member of the House of Representatives may personally appear as counsel before any court of justice or before the Electoral Tribunals, or quasi-judicial and other administrative bodies. Neither shall he, directly or indirectly, be interested financially in any contract with, or in any franchise or special privilege granted by the Government, or any subdivision, agency, or instrumentality thereof, including any government-owned or controlled corporation, or its subsidiary, during his term of office.

He shall not intervene in any matter before any office of the Government for his pecuniary benefit or where he may be called upon to act on account of his office. The Congress shall convene once every year on the fourth Monday of July for its regular session, unless a different date is fixed by law, and shall continue to be in session for such number of days as it may determine until thirty days before the opening of its next regular session, exclusive of Saturdays, Sundays, and legal holidays.Members of the Legislature, and all officers, before they enter upon the duties of their offices, shall take the following oath or affirmation: "I, And I furthermore solemnly swear, or affirmthat I have not directly, nor indirectly paid, offered or promised to pay, contributed, nor promised to contribute any money, or valuable thing, or promised any public office or employment, as a reward for the giving or withholding a vote at the election at which I was elected, or if the office is one of appointment, to secure my appointment.

So help me god.

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The privilege of free suffrage shall be protected by laws regulating elections and prohibiting under adequate penalties all undue influence therein from power, bribery, tumult, or other improper practice. The Legislature shall make provision whereby persons convicted of misdemeanors and committed to the county jails in default of payment of fines and costs, shall be required to discharge such fines and costs by manual labor, under such regulations as may be prescribed by law.

Any citizen of this State who shall, after the adoption of this Constitution, fight a duel with deadly weapons, or send or accept a challenge to fight a duel with deadly weapons, either within this State or out of it, or who shall act as second, or knowingly assist in any manner those thus offending, shall be deprived of the right of suffrage, or of holding any office of trust or profit under this State.

Every person shall be disqualified from holding any office of profit, or trust in this State, who shall have been convicted of having given or offered a bribe to procure his election or appointment. No appropriation for private or individual purposes shall be made. A regular statement, under oath, and an account of the receipts and expenditures of all public money shall be published annually, in such manner as shall be prescribed by law.

The Legislature shall, in no case, have power to issue "Treasury Warrants," "Treasury Notes," or paper of any description intended to circulate as money.

Each county in the State may provide, in such manner as may be prescribed by law, a manual labor poor house and farm, for taking care of, managing, employing and supplying the wants of its indigent and poor inhabitants. Absence on business of the State, or of the United States shall not forfeit a residence once obtained, so as to deprive any one of the right of suffrage, or of being elected or appointed to any office under the exceptions contained in this Constitution.

The Legislature shall provide for deductions from the salaries of public officers who may neglect the performance of any duty that may be assigned them by law. The legal rate of interest shall not exceed eight per cent.

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All interest charged above this last named rate shall be deemed usurious, and the Legislature shall, at its first session, provide appropriate pains and penalties to prevent and punish usury.

No member of Congress, not person holding or exercising any office of profit or trust, under the United States, or either of them, or under any foreign power, shall be eligible as a member of the Legislature, or hold or exercise any office of profit or trust under this State.

It shall be the duty of the Legislature to pass such laws as may be necessary and proper to decide differences by arbitration, when the parties shall elect that method of trial. All civil officers shall reside within the State; and all district or county officers within their districts or counties, and shall keep their offices at such places as may be required by law; and failure to comply with this condition shall vacate the office so held.

All property, both real and personal, of the wife, owned or claimed by her before marriage; and that acquired afterward by gift, devise or descent, shall be her separate property; and laws shall be passed more clearly defining the rights of the wife, in relation as well to her separate property as that held in common with her husband.

Laws shall also be passed providing for the registration of the wife's separate property. No corporate body shall hereafter be created, renewed or extended with banking or discounting privileges. All officers within this State shall continue to perform the duties of their offices until their successors shall be duly qualified.

The rights of property and of action, which have been acquired under the constitution and laws of the Republic and State, shall not be divested; nor shall any rights or actions which have been divested, barred, or declared null and void by the Constitution of the Republic and State, be reinvested, renewed, or reinstated by this Constitution; but the same shall remain precisely in the situation which they were before the adoption of this Constitution, unless otherwise herein provided; and provided further, that no cause of action heretofore barred shall be revived.Members of the UT Austin community unaffiliated with the law school may contact the Circulation Desk circ law.

Online reference services are also available.

Constitution of the State of Texas (1876)

Members of the Legislature, and all officers, before they enter upon the duties of their offices, shall take the following oath or affirmation: "I, And I furthermore solemnly swear, or affirmthat I have not directly, nor indirectly paid, offered or promised to pay, contributed, nor promised to contribute any money, or valuable thing, or promised any public office or employment, as a reward for the giving or withholding a vote at the election at which I was elected, or if the office is one of appointment, to secure my appointment.

So help me god. The privilege of free suffrage shall be protected by laws regulating elections and prohibiting under adequate penalties all undue influence therein from power, bribery, tumult, or other improper practice.

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The Legislature shall make provision whereby persons convicted of misdemeanors and committed to the county jails in default of payment of fines and costs, shall be required to discharge such fines and costs by manual labor, under such regulations as may be prescribed by law.

Any citizen of this State who shall, after the adoption of this Constitution, fight a duel with deadly weapons, or send or accept a challenge to fight a duel with deadly weapons, either within this State or out of it, or who shall act as second, or knowingly assist in any manner those thus offending, shall be deprived of the right of suffrage, or of holding any office of trust or profit under this State.

Every person shall be disqualified from holding any office of profit, or trust in this State, who shall have been convicted of having given or offered a bribe to procure his election or appointment. No appropriation for private or individual purposes shall be made. A regular statement, under oath, and an account of the receipts and expenditures of all public money shall be published annually, in such manner as shall be prescribed by law.

The Legislature shall, in no case, have power to issue "Treasury Warrants," "Treasury Notes," or paper of any description intended to circulate as money. Each county in the State may provide, in such manner as may be prescribed by law, a manual labor poor house and farm, for taking care of, managing, employing and supplying the wants of its indigent and poor inhabitants. Absence on business of the State, or of the United States shall not forfeit a residence once obtained, so as to deprive any one of the right of suffrage, or of being elected or appointed to any office under the exceptions contained in this Constitution.

The Legislature shall provide for deductions from the salaries of public officers who may neglect the performance of any duty that may be assigned them by law. The legal rate of interest shall not exceed eight per cent.

All interest charged above this last named rate shall be deemed usurious, and the Legislature shall, at its first session, provide appropriate pains and penalties to prevent and punish usury.

No member of Congress, not person holding or exercising any office of profit or trust, under the United States, or either of them, or under any foreign power, shall be eligible as a member of the Legislature, or hold or exercise any office of profit or trust under this State.

It shall be the duty of the Legislature to pass such laws as may be necessary and proper to decide differences by arbitration, when the parties shall elect that method of trial. All civil officers shall reside within the State; and all district or county officers within their districts or counties, and shall keep their offices at such places as may be required by law; and failure to comply with this condition shall vacate the office so held.

All property, both real and personal, of the wife, owned or claimed by her before marriage; and that acquired afterward by gift, devise or descent, shall be her separate property; and laws shall be passed more clearly defining the rights of the wife, in relation as well to her separate property as that held in common with her husband.

Laws shall also be passed providing for the registration of the wife's separate property. No corporate body shall hereafter be created, renewed or extended with banking or discounting privileges. All officers within this State shall continue to perform the duties of their offices until their successors shall be duly qualified.

The rights of property and of action, which have been acquired under the constitution and laws of the Republic and State, shall not be divested; nor shall any rights or actions which have been divested, barred, or declared null and void by the Constitution of the Republic and State, be reinvested, renewed, or reinstated by this Constitution; but the same shall remain precisely in the situation which they were before the adoption of this Constitution, unless otherwise herein provided; and provided further, that no cause of action heretofore barred shall be revived.

The Legislature shall prescribe by law the qualification of grand and petit jurors. The Legislature shall, at its first session, enact a law whereby the qualified voters of any county, justice's precinct, town or city, by a majority vote, from time to time, may determine whether the sale of intoxicating liquors shall be prohibited within the prescribed limits.

All stationery, and printing, except proclamations and such printing as may be done at the Deaf and Dumb Asylum, paper and fuel used in the legislative and other departments of the government, except the judicial department, shall be furnished, and the printing and binding of the laws, journals and department reports, and all other printing and binding, and the repairing and furnishing the halls and rooms used for the meetings of the Legislature, and its committees, shall be performed under contract, to be given to the lowest responsible bidder below such maximum price and under such regulations as shall be prescribed by law.

No member or officer of any department of the government shall be in any way interested in such contracts; and all such contracts shall be subject to the approval of the governor, secretary of state and comptroller. The Legislature shall have the power to pass such fence laws, applicable to any subdivision of the State, or counties, as may be needed to meet the wants of the people.

The Legislature may pass laws for the regulation of live stock and the protection of stock raisers in the stock raising portion of the State, and exempt from the operation of such laws other portions, sections, or counties; and shall have power to pass general and special laws for the inspection of cattle, stock and hides, and for the regulations of brands; providedthat any local law thus passed shall be submitted to the freeholders of the section to be affected thereby, and approved by them, before it shall go into effect.In this case the child support, except for the educational needs outlined in section 2 a 1 of this chapter, terminates at the time of emancipation, although an order for educational needs may continue in effect until further order of the court.

In this case the child support continues during the incapacity or until further order of the court. B has not attended a secondary school or postsecondary educational institution for the prior four 4 months and is not enrolled in a secondary school or postsecondary educational institution; and. In this case the child support terminates upon the court's finding that the conditions prescribed in this subdivision exist.

However, if the court finds that the conditions set forth in clauses A through C are met but that the child is only partially supporting or is capable of only partially supporting himself or herself, the court may order that support be modified instead of terminated. The court shall consider the petition on the merits in accordance with this section and may not consider the absence of subsection c from law at the time of the initial filing.

As added by P. Amended by P. Termination of child support; emancipation; petition for educational needs There is a newer version of this Section you are here Other previous versions. Child Support Orders Termination of child support; emancipation; petition for educational needs.

Disclaimer: These codes may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources. Justia Legal Resources. Find a Lawyer. Law Students.

Section 16

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article 6 sec 16

Skip to content Search for:. Processing of personal data relating to criminal convictions and offences. Transparent information, communication and modalities for the exercise of the rights of the data subject.

Information to be provided where personal data are collected from the data subject. Information to be provided where personal data have not been obtained from the data subject. Notification obligation regarding rectification or erasure of personal data or restriction of processing. Representatives of controllers or processors not established in the Union. Notification of a personal data breach to the supervisory authority.

Transfers of personal data to third countries or international organisations. Cooperation between the lead supervisory authority and the other supervisory authorities concerned. Right to an effective judicial remedy against a supervisory authority. Right to an effective judicial remedy against a controller or processor. Safeguards and derogations relating to processing for archiving purposes in the public interest, scientific or historical research purposes or statistical purposes.

Existing data protection rules of churches and religious associations. Member States may maintain or introduce more specific provisions to adapt the application of the rules of this Regulation with regard to processing for compliance with points c and e of paragraph 1 by determining more precisely specific requirements for the processing and other measures to ensure lawful and fair processing including for other specific processing situations as provided for in Chapter IX.

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