Ensign defends businesses against incorporation regulations
Sen. John Ensign, R-Nev., spoke out today against potential new national regulations on incorporation he says could hurt small businesses in Nevada.
Here's a highlight from the statement: "By forcing states to amend their individual laws on corporate formation, Congress is effectively imposing a federal standard on business creation, ignoring the particularities of each state’s business culture. With such a new federal standard, there is no incentive to choose one state over another when deciding where to form a business. This will hurt many business-friendly states such as Nevada."
