House Bill 2386 signed by the governor March 24 and effective the 91st day after adjournment of the legislative session (projected to be May 27) enacted the Patent Troll Prevention Act to prohibit a bad faith assertion of patent infringement
House Bill 2311 (Chapter 110) signed by the governor March 30 and effective December 31 allows a certified copy of a judgment of any court in this state to be filed with the county recorder to become a lien on
The Corporations Commission posted an annual reports notice that corporation annual reports must contain an Arizona known place of business address in Section 1 and for foreign corporations a non-Arizona business address (or registered agent address in the corporation’s domestic
HB 2591 (Chapter 185) signed by the governor April 1 and effective July 4 provides an exemption for a certain type of securities transaction from statutory registration requirements.
Senate Bill 1218 (Chapter 67) signed by the governor March 26 and effective July 5 prescribes fees to be paid to the county recorder for recording of deeds, mortgages and releases of deeds of trust or mortgages.
The Corporations Division of the Arizona Corporation Commission posted a summary of legislative changes effective January 1, 2015. Benefit corporations with an additional specific purpose of creating a “general public benefit” can be formed starting January 2 and must file
The Arizona Corporation Commission Corporations Division posted a guide with the process to follow for conversions of foreign corporations and LLCs.
Senate Bill 1353 signed April 23 and effective January 1, 2015 establishes the Arizona Entity Restructuring Act (AERA) which governs and authorizes business transactions relating to mergers, interest exchanges, conversions, domestications, and divisions. The bill text can be accessed at
The Arizona Corporation Commission simplified the procedure for the state filing office to accept service of process when a process server submits a written statement that a business entity has either failed to appoint a statutory agent or failed to
Senate Bill 1233 (Chapter 198) signed by governor May 7 and effective 91 days after adjournment (projected to be May 23) amends the Limited Liability Company Act by adding a new provision governing members as it relates to forms of