For more details regarding customer put options, see Repurchase Agreements.

It is important to note that open adoption agreements are usually written in accordance with the laws of each state. In many states, these post-adoption contracts are legal and binding. However, some leave room for renegotiation over the years. Open adoptions agreements usually include language that all parties take into consideration the best interests of the child throughout … [Read more...]

One of these contracts is a subcontractor agreement.

As discussed above, a PACA must meet all the statutory requirements of eligible parties, notice, and approval by the court in order to be enforceable. All parties must sign the agreement and the court must make a finding that the consents are knowing and voluntary. Above all, the court must find that the PACA is in the best interests of the adoptive child. The important thing … [Read more...]