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preempt |
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preempt verb acquire beforehand, annex, appropriate for use, arrogate to oneself, assume, catch, exclude, force from, gain possession, invade, obtain, occupy, preclude, preoccupy, seize, take, take over, take possession of, usurp Associated concepts: doctrine of federal preemption, preemption in filing, preemptive right, preemptive right of shareholders, right of preemption See also: attach, distrain, preclude, seize, sequester How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| While it is mandatory for ESCO's to comply with the New York Uniform Business Practices, this statement of principles is voluntary and is specifically targeted at preempting many potential concerns customers participating in the deregulated energy market might have. Congress dashed our hopes by specifically preempting CRBs from liability under state law, and so watered down the federal remedies as to render them useless. Because Mark's money is in a SEP IRA, it constitutes an ERISA pension plan, preempting any state law directly protecting it, and it would not qualify for the antialienation protections usually afforded ERISA plans. |
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