Senate Bill 42 (Chapter 2017-171) signed by the governor June 28 and effective August 27 deletes the hearing requirement for late reinstatement of administratively dissolved corporations.
House Bill 3364 (Public Law No. 115-44) signed by the President and effective August 2 enacted sanctions against Iran, the Russian Federation and North Korea in the Countering America’s Adversaries Through Sanctions Act.
More than 70 business entity statutes were added or amended by the Illinois legislature during the latest legislative session, including extensive changes to the state’s Limited Liability Company Act. The 2017 Edition of Illinois Laws Governing Business Entities captures these
House Bill 1200 signed by the governor June 6 and effective August 9 updated requirements for public benefit corporations originally passed in 2013. Among the changes, use of a corporate ending “public benefit corporation” or “PBC” is optional.
The Corporation Commission posted a summary of legislative changes effective August 9. Among the changes are: The Commission will no longer send a copy of a document with an approval letter since approved documents are available on the state filing
Senate Bill 2223 signed by the governor April 14 and effective August 1 amends existing law regarding LLC distributions before dissolution and charging orders.
Effective August 1, 2017 all XML/Web UCC filings with the State of Delaware will increase to $50.00 per filing.
Senate Bill 5040 (Chapter 31) signed by the governor April 17 and effective July 23 amended the Business Organizations Code to (1) require a certificate of existence/registration for a foreign entity to include the date the entity qualified, that the
Delaware Legislation Effective August 1 2017
House Bill 310 (Act No. 57) signed by the governor June 3 and effective August 1 revises the Business Corporations Act to extend the period for reinstatement of a terminated corporation from 3 to 5 years and includes changes regarding