Sep 23

September 23, 2016

Florida – Annual Reports Due by September 23 to Avoid Administrative Dissolution

Florida – Annual Reports Due by September 23 to Avoid Administrative Dissolution

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 23, 2016. 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…
Sep 19

September 19, 2016

Arizona – Legislation Creates Database to Store Filed Documents

Arizona – Legislation Creates Database to Store Filed Documents

House Bill 2447 signed by the governor May 17 and effective January 1 requires the Arizona Corporation Commission (ACC) to create and maintain a database for documents filed in the previous 90 days to be available online and business entities located in counties with more than 800,000 population (Maricopa and Pima) may submit the online information in lieu of publication.
Sep 15

September 15, 2016

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WEBINAR: Solving the Mystery: Business License Compliance Made Easy – Thursday, September 29 @ 2:00 PM EDT

Across the U.S. there are more than 160,000 local, county, municipal, township, and special district governments, each with its own business license, permit, and tax registration demands. Meeting the challenges of business compliance can mean tracking down scores of deadlines and spending your valuable hours corresponding with any number of federal, state, and regional offices. The good news? Corporation Service Company® (CSC®) can help. Our services can simplify your compliance efforts and streamline the entire license, permit, and tax registration…
Sep 13

September 13, 2016

California – Amendment to the LLC Act

California – Amendment to the LLC Act

Assembly Bill 1722 (Chapter 66) signed by the governor July 22 and effective January 1 amends the LLC act to substitute a “50 percent or more” standard in place of a “majority” of an LLC’s voting power to vote to  dissolve or to cancel its articles of organization.
Sep 12

September 12, 2016

WEBINAR: Case Law Developments and Updates to Delaware’s LLC Act: Wednesday, September 28, 2016 @ 2PM EDT

WEBINAR: Case Law Developments and Updates to Delaware’s LLC Act: Wednesday, September 28, 2016 @ 2PM EDT

The Delaware LLC continues to be one of the most flexible type of business entities globally. Join us as we take a detailed look at the 2016 amendments and updates to the Delaware Limited Liability Act in this complimentary CSC webinar. Inform and advise your clients looking to make the most of Delaware’s limited liability company statues with the most up-to-date information in your repertoire. Join Matthew J. O’Toole, Christopher N. Kelly, and Michael P. Maxwell of Potter Anderson &…
Sep 9

September 9, 2016

Florida – Bill Permits Financial Institutions to Designate Registered Agent Location

Florida – Bill Permits Financial Institutions to Designate Registered Agent Location

Senate Bill 1104 (Chapter 2016-180) signed by the governor April 11 and effective January 1, 2017 permits a financial institution authorized by state or federal law to designate with the Department of State a place or registered agent as the sole location to receive service of process. If a financial institution has no registered agent, service may be made to any officer, director or business agent at its principal place of business or any other branch, office or place of…
Sep 8

September 8, 2016

Hawaii – Third Quarter Annual Reports Due by September 30

Hawaii – Third Quarter Annual Reports Due by September 30

The Department of Commerce and Consumer Affairs (DCCA) Business Registration Division (BREG) posted a reminder to business entities to file annual reports due in the third quarter (July through September) by September 30.
Sep 7

September 7, 2016

Connecticut – Legislation Amends Regulation on Small Business

Connecticut – Legislation Amends Regulation on Small Business

Senate Bill 302 (Public Act No. 16-32) became law June 20 with an override of the governor’s veto and effective October 1, 2016 amends existing law on the impact of regulations on small business.
Sep 6

September 6, 2016

New Jersey – Limited Liability Company Disclosure Requirements

New Jersey – Limited Liability Company Disclosure Requirements

Assembly Bill 3540 (Chapter No. 2016-43) signed by the governor and effective August 31 requires a limited liability company that is awarded a public contract paid with or out of any public funds to disclose the names and addresses of all members who own 10% or more of the LLC and provides that compliance via submission of annual SEC filings by a direct or indirect parent is permissive rather than mandatory.
Sep 2

September 2, 2016

Maryland – Bill Establishes Title Against Adverse Claims to Property

Maryland – Bill Establishes Title Against Adverse Claims to Property

House Bill 920 (Chapter 396) signed by the governor May 10 and effective October 1 authorizes an action to be brought to establish title against adverse claims to property.