May 17

May 17, 2017

Nebraska – Amendments to  Business Corporation Act

Nebraska – Amendments to Business Corporation Act

Legislative Bill 35 signed by the governor April 27 and effective 3 months after adjournment (projected to be June 2) amends the Business Corporation Act based on recent updates to the ABA model act including judicial review of elections, shareholder votes and other governance disputes; definitions of shareholder, record shareholder and beneficial shareholder; and qualifications for directors.
May 16

May 16, 2017

Georgia – Legislation Amends Existing Provisions Regarding Foreign Entities

Georgia – Legislation Amends Existing Provisions Regarding Foreign Entities

House Bill 143 (Act No. 57) signed by the governor May 1 and effective June 1 amends existing provisions regarding foreign entities acting in a fiduciary capacity in Georgia and filing a statement with the Secretary of State including appointment of an agent for service of process.
May 15

May 15, 2017

Maine – Business Entity Annual Reports Due by June 1

Maine – Business Entity Annual Reports Due by June 1

The Secretary of State of Maine posted a reminder that annual reports for business and nonprofit entities are due June 1, 2017.
May 12

May 12, 2017

Illinois – Amendments to Limited Liability Company Act Effective July 1

Illinois – Amendments to Limited Liability Company Act Effective July 1

House Bill 4361 (Public Act No. 637) signed by the governor July 28 and effective July 1, 2017 amends the Limited Liability Company Act to, among other things, update conversion, merger and domestication provisions; permit filing of a statement of authority or limitation of authority to execute instruments transferring real property or to enter into other transactions on behalf of the LLC; permit filing of a statement of termination after winding up a dissolved LLC;  expand the scope of operating…
May 11

May 11, 2017

CSC® Publishing’s Delaware LLC Treatise is an essential resource for business attorneys around the country

CSC® Publishing’s Delaware LLC Treatise is an essential resource for business attorneys around the country

Delaware Limited Liability Companies continue to be the entity of choice for companies around the country and the world. Business attorneys need a comprehensive resource to help them best leverage these entities when completing transactions and understanding how the statute has been interpreted in the courtrooms. Symonds & O’Toole on Delaware Limited Liability Companies—referred to in a Delaware Court of Chancery decision as “the leading Delaware LLC treatise”—offers workable solutions for even the most complex transactions and practical insight into…
May 11

May 11, 2017

Arizona – Omnibus Bill Amends Trademark Requirements

Arizona – Omnibus Bill Amends Trademark Requirements

House Bill 2026 signed by the governor May 1 and effective the 91st day after adjournment (projected to be May 12) is the Secretary of State omnibus bill and among other things requires an email address when registering a trademark, service mark, trade name and removes the requirement for the applicant to verify the application.
May 9

May 9, 2017

Pennsylvania – Tax Amnesty Program Ends June 19

Pennsylvania – Tax Amnesty Program Ends June 19

The Department of Revenue mailed courtesy letters to the last known address of taxpayers eligible for the 2017 Tax Amnesty Program which ends on June 19.  Participation in the tax amnesty program permits abatement of penalties, collection and lien fees and 50% of the interest due.
May 4

May 4, 2017

West Virginia – Nonprofit Incorporation Fee Increase

West Virginia – Nonprofit Incorporation Fee Increase

Senate Bill 547 signed by the governor April 21 and effective July 7 increases the filing fee from $50.00 to $100.00 for nonprofit corporation Articles of Incorporation and authorizes expedited service fees up to $500.
May 3

May 3, 2017

LIVE WEBINAR: State Foreign Qualification; Pitfalls for the Unwary May 24, 2017

LIVE WEBINAR: State Foreign Qualification; Pitfalls for the Unwary May 24, 2017

State Foreign Qualification; Pitfalls for the Unwary May 24, 2017 @ 2 p.m. ET What does it mean to qualify to do business in a foreign state, and is it something your company needs to do? What happens if you don’t qualify? Are there legal ramifications? If you are a corporate attorney, are you prepared to advise clients on the matter? Not all business activities require you to qualify, but failure to do so can leave your company facing negative…
May 3

May 3, 2017

LIVE WEBINAR:  Choosing an Entity Management Solution: What you Need to Know to Manage and Protect your Subsidiaries June 15 2017

LIVE WEBINAR: Choosing an Entity Management Solution: What you Need to Know to Manage and Protect your Subsidiaries June 15 2017

What you Need to Know to Manage and Protect your Subsidiaries  June 15 @ 11 a.m. or 2 p.m. ET Managing your subsidiaries doesn’t have to be a tedious manual process. On Thursday, June 15, at 11 a.m. ET or 2 p.m. ET (link), register for our webinar and we’ll discuss how technology can help you streamline your processes. We’ll explore the top 10 factors to consider when evaluating an entity management system. You’ll see how CSC’s integrated solution can…