#corporation

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Welcome to the Maryland Risk Management Education Blog, provided by the University of Maryland Department of Agricultural and Resource Economics and features the work of the Maryland Crop Insurance Education program and the University of Maryland - MPowering the State's Agriculture Law Education Initiative, a University of Maryland Extension Signature Program. This blog provides readers with information on risk management issues important to Maryland agriculture, upcoming events, and new materials that may interest readers.

Family Divided Over Ambiguous Crop-Share Lease

Paul Goeringer

Jun 8, 2016
3 min

Family Divided Over Ambiguous Crop-Share Lease

This post should not be construed as legal advice. Recently the Iowa Court of Appeals reviewed a lower court’s interpretation of a form crop-share lease with some modifications used by a corporation. The corporation in this case was made up of siblings and the corporation owned farm equipment and leased farmland to one of the siblings. This case highlights the need for clearly written leases, especially when the lease is a part of the farm transition plan. The corporation

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A Closer Look At The Corporation Business Structure

Admin

Sep 12, 2014
3 min

A Closer Look At The Corporation Business Structure

By Ashley Ellixson This post should not be relied upon as legal advice. In continuing our overview of business organization structures, I will be illustrating the corporation structure with you today. A corporation is a legal entity separate and distinct from its owners. A corporation is owned by its shareholders who are individuals, other business organizations, or both. Even though corporations are distinct and separate, they enjoy most of the rights and responsibilities

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Use of Business Organization Structure in Maryland

Paul Goeringer

Sep 3, 2014
3 min

Use of Business Organization Structure in Maryland

A couple of weeks ago, a post on Farmdoc Daily by Todd Kuethe on the legal structures of farms in Illinois got us curious about how Maryland farms use business organization structure. As attorneys, we are curious about the use of business organizations because adopting a business organization for a farm is one way to manage legal risks, along with purchasing liability insurance, written contracts, liability waivers, etc. The Census of Agriculture is conducted every 5 years

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