Jul 10

July 10, 2017

LIVE WEBINAR: What you Need to Know for UCC Searching and Filing

LIVE WEBINAR: What you Need to Know for UCC Searching and Filing

UCC Searching & Filing Tuesday, July 18, 2017 Uniform Commercial Code (UCC) can be complicated between debtor name, search logic, and filing procedures. But getting it right can save your company myriad 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 CSC® for a complimentary webinar to learn Debtor name ins-and-outs Common…
Jul 7

July 7, 2017

Delaware – Legislation Alters Various Fees Assessed by the Secretary of State

Delaware – Legislation Alters Various Fees Assessed by the Secretary of State

House Bill 175 (Chapter 53) signed by the governor and effective July 2 alters various fees assessed by the Secretary of State. Most changes to the fees and taxes assessed will take effect on August 1, 2017; however, increases to the maximum franchise tax and the late penalty for the filing of an annual franchise tax report shall take effect for the tax year beginning January 1, 2017, and the increase of the assumed par value multiplier for calculation of…
Jul 5

July 5, 2017

New Jersey – Budget Issue Resolved All State Offices Open

New Jersey – Budget Issue Resolved All State Offices Open

The governor signed a new budget to end a three-day closure of state government offices.
Jul 5

July 5, 2017

Maine – Budget Issue Resolved All State Offices Open

Maine – Budget Issue Resolved All State Offices Open

State government offices resumed services after a budget was signed and the governor rescinded the state’s civil emergency to suspend non-essential services.
Jul 5

July 5, 2017

Important Massachusetts court decision highlights state’s perspective on corporate governance

Important Massachusetts court decision highlights state’s perspective on corporate governance

In its seminal decision on March 6, 2017 regarding EMC’s merger with Dell, IBEW Local No. 129 v. Tucci, the Supreme Judicial Court clarified the question of directors’ fiduciary duty under Massachusetts corporate law and resolutely distinguished the law of Massachusetts in this area from the law of Delaware. The just-released 2017 Edition of Massachusetts Laws Governing Business Entities includes a special section with in-depth analysis of the impact of the case and the duties now required of Massachusetts corporate…
Jul 3

July 3, 2017

New Jersey – All Non-essential State Offices Closed Until Further Notice Due to Budget Issues

New Jersey – All Non-essential State Offices Closed Until Further Notice Due to Budget Issues

All non-essential state offices are closed since the legislature did not pass a budget by June 30. Online services including retrieval of copies and certificates of good standing are available. Any documents which are filed online including formations, reinstatements, dissolutions and withdrawals can be processed. No paper documents may be submitted for filing by the Department of Treasury Division of Revenue and Enterprise Services. Evidence to be picked up at state filing offices is not available, and there is no…
Jul 3

July 3, 2017

Maine – All State Offices Closed Until Further Notice Due to Budget Issues

Maine – All State Offices Closed Until Further Notice Due to Budget Issues

All state offices are temporarily closed until further notice since a budget was not passed Friday, June 30. Over the counter corporate filings, document retrieval and UCC requests and Apostille/Authentication services are not available. At this time online services are available.
Jun 29

June 29, 2017

West Virginia – Nonprofit Corporation Articles of Incorporation Fee Increase

West Virginia – Nonprofit Corporation Articles of 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.
Jun 28

June 28, 2017

Maine – Possible Secretary of State Shutdown July 1

Maine – Possible Secretary of State Shutdown July 1

The Maine Secretary of State is warning that there is a slight risk of a partial government shutdown on July 1 due to a budget impasse in the legislature.  If that were to happen, the following services will not be available, over the counter corporate filings, document retrieval and UCC requests and Apostille/Authentication services until the budget issue is resolved.  At this time it has been determined that online services will not be affected.
Jun 26

June 26, 2017

Legislation Effective July 1, 2017

Legislation Effective July 1, 2017

Legislation Effective July 1, 2017 FLORIDA House Bill 169 (Chapter 2017-47) signed by the governor June 2 and effective July 1 amends the fictitious name registration act to repeal the sworn statement, clarify requirements and time periods for registration, renewal and cancellation, and prohibit use of business entity endings. GEORGIA House Bill 87 (Act No. 47) signed by the governor May 1 and effective July 1 authorizes the Secretary of State to provide for annual registration of business entities to…