Aug 23

August 23, 2016

Illinois – Amendment to Clerks of Court Act

Illinois – Amendment to Clerks of Court Act

Senate Bill 3162 (Public Act No. 859) signed by the governor and effective August 19 amended the Clerks of Court Act to among other things authorize collection of a $9.00 e-business fee in addition to existing fees in any civil action.
Aug 22

August 22, 2016

Michigan – The Planned UCC System Outage For Upgrades Has Been Postponed Until Further Notice

Michigan – The Planned UCC System Outage For Upgrades Has Been Postponed Until Further Notice

The planned upgrade to the UCC system by the Michigan Secretary of State has been postponed until further notice.
Aug 19

August 19, 2016

VA-2016

Updated Virginia statutory collection contains changes to business entity statutes

The Virginia General Assembly enacted changes to the state’s business entity statutes in the 2016 Session, including a newly enacted article on Conversion. The just-released 2016 Edition of Virginia Laws Governing Business Entities captures those changes and more. The 2016 Edition also features selected sections from Title 8.01 concerning service of process on corporations, as well as sections from the Uniform Commercial Code dealing with investment securities and secured transactions. A year’s worth of case annotations have been added to…
Aug 18

August 18, 2016

Montana – The Secretary of State Will be Launching a new Corporate System on August 22, 2016.  All Business Filings Received by Mail on August 18 and 19, 2016 will be Receipted on the Date Received but will not be Processed Until August 22, 2016 Through the New SIMS (BE) System.

Montana – The Secretary of State Will be Launching a new Corporate System on August 22, 2016. All Business Filings Received by Mail on August 18 and 19, 2016 will be Receipted on the Date Received but will not be Processed Until August 22, 2016 Through the New SIMS (BE) System.

Montana will be launching a new corporate system August 22, 2016.  Filings submitted Thursday, August 18 and Friday, August 19 will be delivered to the state but will not be reviewed for compliance.  Documents will be date stamped when received and will be processed when the system is launched.  Priority or expedited filings received August 16 through August 19 will not be processed until August 22.  More information is available at http://sos.mt.gov/.
Aug 18

August 18, 2016

Michigan – The Secretary of State Will Take Their UCC System Offline Around Midafternoon Thursday, August 18, 2016 As They Implement Upgrades

Michigan – The Secretary of State Will Take Their UCC System Offline Around Midafternoon Thursday, August 18, 2016 As They Implement Upgrades

The Michigan Secretary of State will take their UCC system offline around midafternoon Thursday, August 18, 2016 as they implement upgrades. During this downtime, expected to last through opening of business on Monday August 22, all Michigan Secretary of State UCC services will be affected.  No UCC filings will be processed during this downtime.  UCC documents submitted to the Secretary of State on Thursday, August 18 and Friday, August 19 will receive a file date of the day they are…
Aug 17

August 17, 2016

Maryland – Clarifies the Duties of Directors of and Clarifies the Immunity from Liability of a Director of a Corporation or a Trustee in a Real Estate Investment Trust (REIT)

Maryland – Clarifies the Duties of Directors of and Clarifies the Immunity from Liability of a Director of a Corporation or a Trustee in a Real Estate Investment Trust (REIT)

Senate Bill 148 (Chapter 170) signed April 26 and effective October 1 clarifies the duties of directors of and clarifies the immunity from liability of a director of a corporation or a trustee in a real estate investment trust (REIT). Except as otherwise specified in the declaration of trust, the bill also extends the duties and immunity from liability of a director of a corporation to a trustee in a REIT.
Aug 17

August 17, 2016

WEBINAR: What You Need to Know for UCC Searching and Filing: October 26, 2016 @ 2 PM EDT

WEBINAR: What You Need to Know for UCC Searching and Filing: October 26, 2016 @ 2 PM EDT

Uniform Commercial Code (UCC) can be complicated between debtor name, search logic, and filing procedures. But getting it right can save your company a myriad of problems. Getting and staying organized, paying attention to detail, and keeping close track of the changes that can affect your lien statuses can be easy with the help of a few best practices. Join Lacey Bower of Corporation Service Company® (CSC®) for a complimentary webinar to learn: • Data storage savvy • Debtor name…
Aug 15

August 15, 2016

Delaware – Insurance Commissioner Authorized to Take Action Against an Insurer’s Certificate of Authority to Transact Business for Violations of the Delaware Code

Delaware – Insurance Commissioner Authorized to Take Action Against an Insurer’s Certificate of Authority to Transact Business for Violations of the Delaware Code

Senate Bill 231 (Chapter 376) signed by the governor and effective August 10 authorizes the Insurance Commissioner to take action against an insurer’s Certificate of Authority to transact business for violations of the Delaware Code outside of Title 18 but which specifically impose obligations upon insurance carriers.
Aug 12

August 12, 2016

Missouri – Annual Report Change for Farm Corporations

Missouri – Annual Report Change for Farm Corporations

Senate Bill 664 signed by the governor June 24 and effective August 26 provides that farm corporations would not have to file an annual report if the information required by the corporate registration report has not changed since the filing of the corporation’s articles of incorporation or most recent registration report.
Aug 11

August 11, 2016

Louisiana – Birth Dates of Parties Eliminated from Certain Documents

Louisiana – Birth Dates of Parties Eliminated from Certain Documents

House Bill 956 (Act 227) signed by the governor May 26 and effective August 1 eliminates the requirement that birth dates of parties be included on any act or document which evidences a privilege and is filed for recordation and requires specific information on all acts of conveyance.