Sep 1

September 1, 2015

Aug 31

August 31, 2015

State Holiday Closings for September – December 2015

State Holiday Closings for September – December 2015

CSC has an updated list for state government office closures for the months of September, October, November and December 2015.  This information was provided by each state as of August 31, 2015, and may be subject to change without CSC’s knowledge.  CSC will update this information as we become aware of any changes.  (Please note that court, county and local jurisdictions may vary.) Please visit http://csctransactionwatch.com/state-holiday-closings/ to view the entire list.
Aug 31

August 31, 2015

Delaware – Estimated Franchise Tax Payment Due September 1

Delaware – Estimated Franchise Tax Payment Due September 1

Notices to Delaware corporations regarding the second estimated franchise tax payment due September 1, 2015 were mailed by Delaware registered agents. Payments are payable to the Delaware Secretary of State and must be received (not postmarked) on or before September 1 by the State of Delaware, Division of Corporations, P.O. Box 5509, Binghamton, NY 13902-5509. Payments should not be sent to the registered agent or made payable to the registered agent.
Aug 28

August 28, 2015

Delaware – Filing System Conversion Information

Delaware – Filing System Conversion Information

The Delaware Division of Corporations will implement a major computer system conversion over an extended Labor Day weekend. The Division will close at 4:30 p.m. Eastern Daylight Time (EDT) on Thursday, September 3. All priority submissions (one-hour, two-hour, same-day, and 24-hour) must be received by the Secretary of State by noon EDT on Thursday, September 3. The Division anticipates that it will process all priority submissions (other than 24-hour) on Thursday, September 3. The Division will be closed on Friday,…
Aug 27

August 27, 2015

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Webinar: Beyond the Top-Line Price: Wisdom for Selling Your Business: Thursday September 24 @ 2 PM EDT

When selling your business, the answer is: “It’s complicated.” At deal time, your target or “top-line” selling price may be based on a multiple of your EBITDA or some other performance-based formula (including an earn-out tied to future results). But getting that amount comes down to any number of factors besides forceful bargaining. For instance, a poorly structured deal with a high multiple can yield much less than an optimally structured deal with a lower multiple. This engaging, one-hour presentation…
Aug 26

August 26, 2015

Texas – Amendment to Business Organization Code

Texas – Amendment to Business Organization Code

Senate Bill 859 signed by the governor May 15, 2015 and effective September 1, 2015 amends the Business Organization Code with respect to powers of attorney with respect to matters relating to organization, internal affairs or termination of a LLC or partnership and effective January 1, 2016 amends provisions relating to LLP registration and annual reports.
Aug 25

August 25, 2015

Aug 24

August 24, 2015

Maryland – Law Enacted Affecting Fraudulent UCC Filings

Maryland – Law Enacted Affecting Fraudulent UCC Filings

The governor signed Senate Bill 77 on 4/14/15 to prohibit the filing of fraudulent UCC records.  The new law will require the filing office to send a notice to debtors listed on potentially fraudulent UCC records and allow the filing office to terminate the records under certain conditions. The law takes effect on 10/1/2015
Aug 21

August 21, 2015

California – Legislation Enacted Addressing Fraudulent Lien Recording

California – Legislation Enacted Addressing Fraudulent Lien Recording

The governor signed Assembly Bill 1267 on 8/13/15 to address the issue of fraudulent liens and encumbrances. The bill revises existing law to prohibit a person from filing or recording, a lawsuit, lien, or other encumbrance against any person or entity, knowing that it is false, with the intent to harass the person or entity or to influence or hinder the person in discharging his or her official duties if the person is a public officer or employee. This bill…
Aug 20

August 20, 2015

Maine – Not For Profit Corporation Reinstatement Legislation

Maine – Not For Profit Corporation Reinstatement Legislation

House Bill 971 (Public Law 254) became law June 23 by override of governor’s veto and allows a nonprofit to request reinstatement more than 6 years after administrative dissolution and pay a fee of $25.00 per outstanding annual report up to a maximum $150.00.