GEORGIA

House Bill 694 (Act 288) signed by the governor May 7 and effective July 1 requires tax parcel identification numbers to be included on documents recorded by the DeKalb County Superior Court clerk.

Senate Bill 156 signed by the governor May 2 and effective July 1 permits the division of a domestic stock insurer into two or more domestic stock insurers.

IDAHO

House Bill 84 (Chapter 90) signed by the governor March 18 and effective July 1 amends the Idaho Business Corporations Act (IBCA), Title 30, Chapter 29, Idaho Code, to (i) bring it into conformity with the Model Business Corporations Act and (ii) to harmonize the IBCA with the Uniform Business Organizations Code (UBOC), Title 30, Chapter 21, adopted in 2015.

House Bill 191 signed by the governor March 25 and effective July 1 increases the current Secretary of State next-day expedite surcharge from $20.00 to $40.00, creates a new same-day expedite option for $100.00, and provides additional clarification on the existing $20.00 manual entry surcharge.

INDIANA

House Bill 1487 (Public Law No. 177-2019) signed by the governor May 1 amends certain Secretary of State business practices relating to UCC financing statement forms and fees effective July 1 and makes provision by an entity of an e-mail address in certain filings discretionary and not mandatory effective October 1.

IOWA

House Bill 264 signed by the governor April 9 and effective July 1 authorizes the division of stock insurance companies. 

MARYLAND

Senate Bill 44 (Chapter 105) signed by the governor April 18 and effective July 1 requires insurance companies to submit corporate governance annual disclosures to the Insurance Commissioner.

MISSISSIPPI

Senate Bill 2697 signed by the governor March 22 and effective July 1 revises provisions regarding real estate appraiser licensure requirements and national registry fees.

MONTANA

House Bill 65 (Chapter 60) signed by the governor March 18 and effective July 1 revises laws related to service of process for insurance companies with the insurance commissioner, and foreign or alien insurers and surplus lines insurers  must appoint a registered agent to receive service of process in Montana. 

House Bill 85 (Chapter 117) signed by the governor April 3 and effective July 1 relates to insurance company organizational filings with the Commissioner of Insurance organizational filings.

NEW MEXICO

House Bill 98 (Chapter 209) signed by the governor April 3 and effective July 1 prohibits requirements to resubmit fingerprints for renewal of a business, professional or occupational license.

Senate Bill 162 (Chapter 159) signed by the governor April 2 and effective July 1 amends business entity statutory requirements for dissolution, withdrawal and cancellation of registration.

RHODE ISLAND

Senate Bill 719 (Public Law 2017-371) signed by the governor October 4 and effective July 1, 2019 removes the requirement to obtain a certificate of good standing from the Division of Revenue prior to filing a dissolution, withdrawal, conversion, or merger with the Secretary of State and requires the tax administrator after July 15 each year to file lists of corporations and LLCs which have failed to file annual reports and pay annual fees for the Secretary of State to initiate revocation proceedings.

SOUTH DAKOTA

House Bill 1033 signed February 13 and effective July 1 amends existing provisions relating to business transactions by trust companies.

House Bill 1202 signed by the governor March 22 and effective July 1 revises the number of qualified directors of a corporation needed to take certain actions.

VIRGINIA

Senate Bill 1457 (Chapter 50) signed by the governor February 19 and effective July 1 amends procedures when a corporate officer called as a deposition witness files a motion for a protective order because the discovery sought by the deposition is obtainable from some other source that is more convenient, less burdensome, or less expensive.  The bill is identical to HB 2167 (Chapter 9).

Senate Bill 1486 (Chapter 128) signed by the governor February 21 and effective July 1 allows for the limited use of discovery depositions and affidavits in support of or in opposition to a motion for summary judgment, provided the only parties are business entities and the amount at issue exceeds $50,000.  The bill is identical to HB 2197 (Chapter 10).

Senate Bill 1610 (Chapter 757) signed by the governor March 21 and effective July 1 relates to the recordation tax and exemption for deeds of distribution as defined in the bill.

House Bill 1711 (Chapter 71) signed by the governor February 21 and effective July 1 reorganizes motor vehicle registration, licensing and certificates of title statutes.  The bill is identical to SB 1382 (Chapter 79).

House Bill 2409 (Chapter 243) signed by the governor March 5 and effective July 1 makes consistent the mechanics lien statute and statutory mechanics lien forms. 

WYOMING

House Bill 17 (Chapter 19) signed by the governor February 14 and effective July 1 modifies Department of Insurance licensing fees.

House Bill 30 (Chapter 13) signed by the governor February 14 and effective July 1 modifies existing law relating to trust companies.

House Bill 185 (Chapter 93) signed by the governor February 26 and effective July 1 authorizes certificate tokens to be issued in lieu of stock certificates.

House Bill 236 (Chapter 190) signed by the governor March 8 and effective July 1 creates statutory foundations as a new form of business entity.

Senate Bill 28 (Chapter 30) signed by the governor February 15 and effective July 1 enables banks to issue nonvoting shares and other forms of capital stock authorized under corporation law; clarifies that banks may issue capital stock and maintain shareholder records through electronic means; and authorizes electronic notices relating to capital impairment.

Legislation Effective July 1, 2019