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To: appeal2
Ca’s was modeled after NY’s. The problem was that CA used subcontractors to go after the funds.

Do you have examples of circumstances under which CA used subcontractors? My experience was that we acted under the rules you say are mandated by NY -- which would seem to confirm your statement that our law was modelled after NY's.

13 posted on 06/11/2007 9:23:51 AM PDT by LantzALot (Yes, it’s my opinion. No, it’s not humble.)
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To: LantzALot

If you read teh decision in this case, the subcontractor/contributor got 10-12% of the take. Basically they examine the stock records of corporations and looked for shares that had not been voted or cashed a dividend check in three? years or more. Then they took those shares and turned them over to the state minus their cut.

NY does not do this. I believe that this case will be overturned on appeal to the extent that it is not lawful for state to sub out this work and that the state will need to give somewaht better notice. Otherwise the law will stand. There’s too many jobs and too much loot that the states take in. In 2006 NYS made 375,000,000. In 2005 it make over 500mm.


14 posted on 06/11/2007 10:28:30 AM PDT by appeal2 (R)
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