Legislative Bill 749 signed by the governor April 11 and effective July 16 eliminates a requirement for nonprofit corporations pay an additional per page filing fee of $5.00 when filing their biennial report and clarifies that fraternal societies pay the
House Bill 8122 (Public Law 2018-176) and Senate Bill 3006 (Public Law 2018-289) signed by the governor and effective July 2 simplifies doing business in Rhode Island by eliminating unnecessary licensing requirements of various business entities and occupations.
All government offices in Puerto Rico are closed due to Tropical Storm Beryl. Offices will reopen once the storm passes.
House Bill 1292 (Chapter 11) signed by the governor April 20 and effective June 19 changes the effective dates of the rate reductions to the business profits tax and the business enterprise tax to the beginning of the respective calendar
By Paul Hodnefield, Esq. Financing statement collateral descriptions often contain text that some searchers might find confusing, contradictory, or ambiguous. This is especially the case when a statement in the collateral description suggests that the record was filed for a
House Bill 310 (Chapter 279) signed by the governor and effective October 1 supports Delaware business entities to signal their commitment to global sustainability. The bill provides for the Secretary of State to issue and collect fees for a Certificate of
In 2017, the Supreme Judicial Court of Massachusetts clarified the question of directors’ fiduciary duty under Massachusetts corporate law and, in so doing, distinguished the state’s corporate governance law from Delaware’s. In IBEW Local No. 129 v. Tucci, the Court
Illinois’ legislature enacts extensive and substantive changes for 2018 Illinois lawmakers approved extensive changes to the state’s business laws, including the newly enacted Entity Omnibus Act and Revised Uniform Unclaimed Property Act. The Revised Uniform Unclaimed Property Act, establishes rules
House Bill 621 (Act 560) signed by the governor and effective May 28 updates corporate filing regulations to, among other things, specify that an applicant shall use a name distinguishable upon the records of the Secretary of State unless meeting
The Secretary of State posted a message regarding incorrect annual report reminders sent in May. Entities that received an orange card should know that the due dates were missing and the correct information was printed in an incorrect location. The