Jul 28

July 28, 2015

Louisiana – Legislation Passed Affecting Publications

Louisiana – Legislation Passed Affecting Publications

Senate Bill 179 (Act No. 457) signed by the governor July 1 and effective August 1 creates a statewide website to be established and maintained by the majority of Louisiana newspapers to be a repository for all statutorily required public notices in addition to its obligation to publish via print publication as provided by prior law.
Jul 27

July 27, 2015

Jul 24

July 24, 2015

Louisiana – Legislation Enacted Regarding Electronic Signatures

Louisiana – Legislation Enacted Regarding Electronic Signatures

The governor signed House Bill 697 on June 5, 2015.  This bill provides that a record, electronic record, or reproduction of a record or electronic record which contains an electronic signature or a reproduction of an electronic signature is presumed to be genuine if accompanied by a certification that is executed by a representative of a financial institution or its assignee and complies with the proposed form. The new law takes effect on August 1, 2015.
Jul 23

July 23, 2015

Jul 22

July 22, 2015

Jul 21

July 21, 2015

Jul 20

July 20, 2015

Rhode Island – Law Enacted Affecting Dissolution Filings

Rhode Island – Law Enacted Affecting Dissolution Filings

House Bill 6035 (Public Law No. 2015-80) and Senate Bill 828 (Public Law No. 2015-88) signed by the governor and effective June 17 require that a certificate of good standing issued by the Rhode Island division of taxation must accompany all filings for articles of dissolution, cancellation of registration, articles of merger, and conversions to a non-Rhode Island entity and establishes a procedure for the conversion of limited partnerships to another business entity.
Jul 17

July 17, 2015

Minnesota – Legislation Enacted Affecting LLCs

Minnesota – Legislation Enacted Affecting LLCs

House Bill 385 (Chapter 39) signed by the governor May 14 and effective August 1 makes technical changes to the Business Corporation Act, Limited Liability Company Act, and Revised Uniform LLC Act regarding conversions. The Revised LLC Act will become effective on August 1 for all LLCs organized on or after the effective date. LLCs organized before August 1 continue to be governed by the former LLC Act unless they elect to be governed by the Revised LLC Act.
Jul 16

July 16, 2015

Delaware – Changes to General Corporation Law Enacted

Delaware – Changes to General Corporation Law Enacted

The State of Delaware has posted information on Senate Bill 75 signed June 24 by the governor and effective August 1 to  amend the General Corporation Law (GCL) . The bill allows forum selection provisions in charter documents or bylaws as to internal corporate claims including derivative actions and prohibits stock corporations from including in charter documents or bylaws fee-shifting provisions that would require a stockholder to pay attorneys’ fees or costs in connection with an internal corporate claim.
Jul 15

July 15, 2015

Florida – Final Notices Sent To Entities Who Failed To File Their Annual Reports

Florida – Final Notices Sent To Entities Who Failed To File Their Annual Reports

The Department of State, Division of Corporations is sending via email to business entities final notice of its intent to administratively dissolve or revoke entities if an annual report is not filed by 5:00pm Eastern Time on Friday, September 18, 2015. Annual reports were due May 1.  All for-profit corporations, limited liability companies and limited partnerships which failed to file their annual reports by May 1 are required to pay an additional non-negotiable $400.00 late fee.  Payment can be made…