|
Puerto Rico Automobile Accident Compensation Administration
The Puerto Rico Automobile Accident Compensation Administration — es, Administración de Compensaciones por Accidentes de Automóviles (ACAA)— is a government-owned corporation of Puerto Rico that provides compensation for the medical and disability expenses resulting from traffic accidents in Puerto Rico. The coverage offered by the corporation is mandatory, but private insurance companies are allowed to provide supplemental policies. The corporation was created in 1970 pursuant to Law No. 138 of June 26, 1968. The corporation is run by a board of directors appointed by the Governor of Puerto Rico with the advice and consent of the Senate of Puerto Rico. In 2013, Gov. Alejandro García Padilla Alejandro Javier García Padilla (; born August 3, 1971) is a Puerto Rican politician and attorney who served as the governor of Puerto Rico from 2013 to 2017. Prior to this position, García Padilla held various roles in the political la ... signed into law a me ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ACAA Headquarters
{{Disambiguation ...
ACAA may refer to : * Afghanistan and Central Asian Association * Air Carrier Access Act * Allegheny County Airport Authority * American Collegiate Athletic Association * Atlantic Collegiate Athletic Association The Atlantic Collegiate Athletic Association (ACAA; french: Association atlantique du Sport collégial) is the governing body for collegiate sports in Atlantic Canada. Founded in 1967 as the Nova Scotia College Conference, the ACAA is represente ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Corporation
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and devel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Puerto Rico
Puerto Rico (; abbreviated PR; tnq, Boriken, ''Borinquen''), officially the Commonwealth of Puerto Rico ( es, link=yes, Estado Libre Asociado de Puerto Rico, lit=Free Associated State of Puerto Rico), is a Caribbean island and Unincorporated territories of the United States, unincorporated territory of the United States. It is located in the northeast Caribbean Sea, approximately southeast of Miami, Florida, between the Dominican Republic and the United States Virgin Islands, U.S. Virgin Islands, and includes the eponymous main island and several smaller islands, such as Isla de Mona, Mona, Culebra, Puerto Rico, Culebra, and Vieques, Puerto Rico, Vieques. It has roughly 3.2 million residents, and its Capital city, capital and Municipalities of Puerto Rico, most populous city is San Juan, Puerto Rico, San Juan. Spanish language, Spanish and English language, English are the official languages of the executive branch of government, though Spanish predominates. Puerto Rico ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Government-owned Corporations Of Puerto Rico
The government-owned corporations of Puerto Rico —or public corporations ( es, corporaciones públicas)— are a set of corporate entities owned entirely or in large part by the executive branch of the government of Puerto Rico or by its municipalities. The corporations engage in commercial activities with their revenues ultimately being allocated towards the government's treasury the Puerto Rico Consolidated Fund or towards the corresponding municipal treasury. Some of them have been criticized since their creation since they are not profitable and depend on the issue of bonds or large indebtedness to operate, or because they constitute a government monopoly or control a unique asset (such as a port, toll, or land). As of 2015, the public corporations contributed to more than half of the public debt of Puerto Rico —a factor that contributed significantly to the Puerto Rican government-debt crisis — with COFINA, PRASA, PRHTA, and PREPA being the largest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Governor Of Puerto Rico
The governor of Puerto Rico ( es, gobernador de Puerto Rico) is the head of government of the Commonwealth (U.S. insular area), Commonwealth of Puerto Rico, and commander-in-chief of the Puerto Rico National Guard. The governor has a duty to enforce Law of Puerto Rico, local laws, to convention (meeting), convene the Legislative Assembly of Puerto Rico, Legislative Assembly, the power to either sign into law, approve or veto bill (proposed law), bills passed by the Legislative Assembly, to appoint government officers, to appoint List of Justices of the Supreme Court of Puerto Rico by court, justices, and to grant pardons. Since 1948, the governor has been elected by Puerto Rican people, the people of Puerto Rico. Prior to that, the governor was appointed either by the king of Spain (1510–1898) or the president of the United States (1898–1948). Article Four of the Constitution of Puerto Rico, Article IV of the Constitution of Puerto Rico vests the executive power on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Advice And Consent
Advice and consent is an English phrase frequently used in enacting formulae of bills and in other legal or constitutional contexts. It describes either of two situations: where a weak executive branch of a government enacts something previously approved of by the legislative branch or where the legislative branch concurs and approves something previously enacted by a strong executive branch. General The concept serves to moderate the power of one branch of government by requiring the concurrence of another branch for selected actions. The expression is frequently used in weak executive systems where the head of state has little practical power, and in practice the important part of the passage of a law is in its adoption by the legislature. United Kingdom In the United Kingdom, a constitutional monarchy, bills are headed: BE IT ENACTED by the King's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this presen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Senate Of Puerto Rico
The Senate of Puerto Rico ( es, Senado de Puerto Rico) is the upper house of the Legislative Assembly of Puerto Rico, the territorial legislature of Puerto Rico. The Senate, together with the House of Representatives of Puerto Rico, control the legislative branch of the government of Puerto Rico. The structure and responsibilities of the Senate are defined in Article III of the Constitution of Puerto Rico which vests all legislative power in the Legislative Assembly. Every bill must be passed by both, the Senate and the House, and signed by the Governor of Puerto Rico in order to become law. The Senate has exclusive power to try and to decide impeachments. The constitution also establishes that all secretaries appointed by the governor to the different executive departments, as well as all judges and the Comptroller, require the advice and consent of the Senate. Justices of the Supreme Court can not assume office until after confirmation by the Senate. The Senate has 27 mem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alejandro García Padilla
Alejandro Javier García Padilla (; born August 3, 1971) is a Puerto Rican politician and attorney who served as the governor of Puerto Rico from 2013 to 2017. Prior to this position, García Padilla held various roles in the political landscape of Puerto Rico; first as Secretary of Consumer Affairs, and then as a member of the 24th Senate of Puerto Rico and as president of the Popular Democratic Party. Locally, he is a staunch advocate for maintaining the current political status of Puerto Rico as that of an unincorporated territory of the United States with self-government, while at the national level he is allied with the Democratic Party. As governor, García Padilla shared his legislative powers with the 25th Senate and 29th House of Representatives, both controlled by his party. Regardless of this, he was not able to persuade several members of his own party to support his proposals. This failure, in addition to his low popularity, ultimately led him to not s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Corporations Of Puerto Rico
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owned en ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 1970
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessmen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
