In business, basic principles endure-- to play by the rules and follow the law. While this may seem like a simple proposition, given the burgeoning array of local, state and federal rules and regulations, smart businesses must look beyond the obvious and develop policies to assure statutory compliance.
Businesses may face regulation from many different sources:
On the local level businesses face various bylaws and ordinances. On the state level, we see unemployment rules, building codes, and other rules relevant to business. On the federal level we see OSHA, HIPPA, and host of other laws and regulations... One important note underlies State and Federal regulations -They are codified in thousands of statutes that carry the force of law. On the state level we see the Code of Mass Regulations, and on the Federal Level, The Code of Federal Regulations. Take time to search these regulations for rules specific to your industry.
How Non-Compliance Affects Civil Liability
While the failure to comply with rules and regulations can yield fines, inspections, and loss of government licenses, the hurt doesn't stop there. Where a plaintiff alleges that your statutory violation caused them injury, the mere fact that you violated that rule might provide a plaintiff with evidence of liability under certain circumstances. In a close case you could be found liable on that basis.
Strategies Towards Compliance
Big companies have long employed staff Attorneys, whose job it is to assure statutory compliance. But smaller businesses should do their homework, too. Some tips for small and medium businesses include:
This discussion is only meant to provide basics. Links to applicable law are there to encourage more complete understanding. Although this post may contain notes and opinions on the law this content does not constitute legal advice, nor create an Attorney-client relationship between readers and writer.
However, I do offer free initial consultations. Call 508-771-1373, or e-mail me at [email protected]. I offer prompt, smart, courteous and affordable advice on various legal matters, including statutory compliance.