local governmental law

Foreign Direct Investment

Foreign Direct Investment: An Overview

The International Monetary Fund (“IMF”) defines foreign direct investment (“FDI”) as a “cross-border investment” in which an investor that is “resident in one economy [has] control or a significant degree of influence on the management of an enterprise that is resident in another economy.” IMF, Balance of Payments and International Investment Position Manual 100 (6th ed. 2009).

Support Our Law Enforcement and Safe Neighborhoods Act of 2010

The Support Our Law Enforcement and Safe Neighborhoods Act (Arizona Senate Bill 1070) is a legislative act signed into law by Arizona Governor Jan Brewer that is widely viewed as the most stringent anti-illegal immigration measure passed in decades. The Act has received national and international attention and has spurred considerable controversy.

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Federal Land Policy and Management Act

Passed in 1976, it provides a framework for the management of federal public lands. The Act recognized the value of the public lands and stated that they should be managed in perpetuity for the benefit of the American people on the basis of sustained yield and multiple use ("utilized in the combination that will best meet the present and future needs of the American people").

view ordinance

A local law designed to protect property owners who have desirable (and valuable) views. Typically, these ordinances allow property owners to insist on the trimming of trees that have grown and now block the view, so that the original view is restored, The property owner must pay for the trimming. View ordinances generally don't cover buildings or other structures that block views.

permit

A license or other document given by an authorized public official or agency -- for example, a building inspector or the department of motor vehicles -- that allows a person or business to perform certain acts. Permits are intended to guarantee that laws and regulations are obeyed, but they also are a source of public revenue.

ordinance

A law adopted by a town or city council, county board of supervisors, or other municipal governing board. Typically, local governments issue ordinances establishing zoning and parking rules, and regulating noise, garbage removal, and the operation of parks and other areas within the locality's borders.

Homeowners' Association

An organization made up of neighbors concerned with managing the common areas of a subdivision or condominium complex. These associations take on issues such as garden, pool, and fence maintenance; noise abatement; snow removal; parking areas; repairs; and dues. The homeowners' association is also responsible for enforcing any covenants, conditions, and restrictions (CC&Rs) that apply to the property.

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