The governor signed Senate Bill 26 on 4/1/2019, effective October 1, 2019, which will permit the State Department of Assessments and Taxation (the filing office for UCC and business entities) to adopt regulations regarding expedited document processing for an additional
Senate Bill 594 (Session Law 2019-117) signed by the governor July 11 amends existing provisions relating to registration of assumed business names certificates effective October 1 and filing false liens and encumbrances effective December 1.
From a global perspective, the Delaware LLC continues to be one of the most popular business entities, in no small part due to the contractual freedom and flexibility afforded under the Delaware Limited Liability Company Act. Join us as we
Delaware legislators enacted a number of amendments to the state’s business laws in 2019, including substantive changes to the DGCL and the alternative entity statutes that establish non-exclusive safe-harbor methods to reduce certain acts or transactions to a written or
By Helena Ledic, Associate General Counsel, CSC Share this post Just for a moment, think back to your high school days, and the one sentence you dreaded hearing the teacher say at the start of class. For most of us,
Assembly Bill 207 (Chapter 19) signed by the governor May 8 and effective October 1 makes various changes to business entity statutes including, among others, authorization of a forum selection clause within articles of incorporation or bylaws; making entity records
In Utah, a shareholder of a closely held corporation who is injured by oppressive conduct may now bring a private cause of action against the entity. If a court finds that oppressive conduct occurred, the court can order the entity,
House Bill 1611 (Act 665) signed by the governor April 3 and effective October 1 adopts the uniform protected series act.
Illinois Senate Bill 689 (Public Act 101-9) signed by the governor and effective June 5, 2019 contained various changes to Illinois state and local tax laws, including the following: Amnesty Both the Department of Revenue (DOR) and Office of the
House Bill 2998 (Chapter 597) signed by the governor July 23 and effective September 29 updates requirements for the Secretary of State to file business organization documents and removes a requirement that documents submitted for filing must be in the