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BNA ARTICLE: WHAT YOU NEED TO KNOW ABOUT FLORIDA LAW TO ADVISE YOUR CLIENTS WHO LIVE HERE By Alan S. Gasman, Esquire My parents didn't want to move to Florida, but they turned sixty and that's the
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BNA article, also known as Business Not Affected (BNA) article, is a provision in certain legal documents or contracts that specifies which aspects of the business will not be affected by the agreement.
The requirement to include a BNA article in a legal document or contract depends on the nature of the agreement and the parties involved. It is usually included by the party initiating the agreement to safeguard their existing business operations from being impacted.
To fill out a BNA article, you need to clearly define and specify the aspects of the business that will not be affected by the agreement. This may include outlining specific departments, operations, or assets that will remain unchanged.
The purpose of including a BNA article in a legal document or contract is to protect and preserve certain aspects of the business that should not be impacted by the agreement. It provides clarity and ensures that the business can continue its unaffected operations.
The specific information to be reported on a BNA article can vary depending on the agreement or contract. However, it typically includes details about the departments, operations, or assets that will not be affected, along with any necessary conditions or limitations.
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