The 2018 Edition of CSCPublishing’s Virginia Laws Governing Business Entities features all relevant legislative changes from the 2018 Session of the Virginia Assembly, including amendments regarding board of director meetings and less-than-unanimous shareholder action. The statutory collection includes case notes
Senate Bill 841 (Public Act No. 131) signed by the governor May 2 and effective August 2 amends the Uniform Partnership Act to revise the liability shield for partners in a limited liability partnership.
Senate Bill 425 (Chapter 2018-222) signed by the governor June 8 and effective August 7 modifies requirements for LLC mergers and eliminates rights of former LLC members.
Senate Bill 180 (Chapter 354) signed by the governor July 23 amended the General Corporation Law. Effective August 1, 2018, nonstock corporations may ratify defective corporate acts, and Section 262 of the GCL was amended regarding shareholder appraisal rights. Another
The Department of Licensing and Regulatory Affairs (LARA) Corporation, Securities and Commercial Licensing Bureau (CSCL) posted a reminder that the 2018 annual report for nonprofit corporations must be filed by October 1 at www.michigan.gov/corpfileonline.
Senate Bill 413 (Chapter 2018-221) signed by the governor June 8 effective August 7 allows LLCs to apply to the Secretary of State for late reinstatement 3 years after administrative dissolution and effective January 1, 2019 provides standards to determine
House Bill 443 (Act No. 193) signed by the governor April 26 and effective July 14 amends Chapter 273 regarding nonprofit corporations relating to minimum and maximum number of directors, committees, conflicts of interest and distributions.
The Department of Revenue posted a news release that all title and registration services will be unavailable August 1-5 to allow for technical upgrades to the Division of Motor Vehicle computer system. Online registration renewal and kiosk registration renewal in
House Bill 404 (Chapter 334) signed by the governor and effective July 17 clarifies Delaware business entity statutes to provide that registered agents are obligated to comply with requirements, standards, guidelines, rules, regulations and procedures issued by the Secretary of
The Workers Compensation Commission posted an alert regarding adoption of emergency rules pending approval by the governor and adoption effective August 2 of new forms for affidavit of exempt status (in lieu of a certificate of noncoverage) and cancellation of