Americans with Disabilities Act (ADA): Federal law that prohibits discrimination against individuals with disabilities and may impact how disability is defined and handled in the agreement
Internal Revenue Code Section 409A: Federal tax provision governing deferred compensation arrangements which may affect payment structuring in the buy-sell agreement
Internal Revenue Code Section 162(a): Federal tax provision relating to business expenses, affecting the deductibility of insurance premiums and buy-out payments
Internal Revenue Code Section 104: Federal tax provision governing the treatment of disability benefits and their taxation
Social Security Act: Federal law providing standard definitions of disability and benefits that may influence agreement terms
State Insurance Regulations: State-specific rules governing insurance policies and their implementation in buy-sell agreements
State Business Corporation Laws: State-specific regulations governing corporate entities and their operations, including ownership transfers
State Partnership Laws: State-specific rules governing partnerships and their governance, including ownership changes
State Contract Laws: State-specific requirements for valid contract formation and enforcement
HIPAA: Federal law governing medical information privacy that may affect how disability-related medical information is handled
ERISA: Federal law governing employee benefit plans, relevant if the buy-sell agreement is part of an employee benefit arrangement
State Fair Employment Practices Laws: State-specific regulations preventing discrimination in employment and business practices
Insurance Policy Requirements: Specific terms and conditions required in disability insurance policies that fund buy-sell agreements
Tax Treatment Regulations: Rules governing the tax implications of disability insurance premiums, buy-out payments, and capital gains considerations
