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Jurisdictional Updates

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District of Columbia – Expect Delays Due to Ongoing Protests

Multiple streets are closed due to ongoing protests in Washington, DC.  Please expect delays until Inauguration Day on Wednesday, January 20, with orders for legalization of documents at DC embassies and consulates and federal government agencies.

CSC January 6, 2021January 6, 2021 Jurisdictional Updates Read more

Federal – NASDAQ Files SEC Proposal to Advance Boardroom Diversity

Nasdaq (the National Association of Securities Dealers Automated Quotations) filed a listing proposal with the U.S. Securities & Exchange Commission for a diversity requirement for board composition. The proposal includes an example of a board diversity matrix that companies may

CSC December 31, 2020December 31, 2020 Jurisdictional Updates Read more

Virginia – November Revocation Notice Mailing Delayed

According to the Stock Corporation Commission Clerk’s Office, a systems issue that delayed the mailing of November revocation notices was resolved Tuesday, December 8.  A request for waiver of the penalty fee will be considered for January entities affected by

CSC December 16, 2020December 16, 2020 Jurisdictional Updates Read more

Maryland – Annual Report Extension System

The State Department of Assessments and Taxation (SDAT) posted a news release that the 2021 Annual Report Extension System can be accessed to extend the filing deadline from April 15 to June 15. SDAT also reminded businesses to check good

CSC December 15, 2020December 15, 2020 Jurisdictional Updates Read more

Legislation Effective January 1, 2021

ALABAMA House Bill 202 (Act No. 2020-73) signed by the governor March 31 and effective January 1, 2021 amends the Business and Nonprofit Entities Code to allow business corporations to elect to become benefit corporations; allow electronic filing of all

CSC December 11, 2020December 11, 2020 Jurisdictional Updates Read more

Why Clients Change Their Agent to CSC Part 2: Industry-Leading Technology and Robust Integrations

World-class service is the essential foundation for a reliable registered agent, but in today’s often-remote working environment and the digital age we’re living in, having the right tools to complement premier support is essential. Managing a large volume of service

CSC December 1, 2020December 1, 2020 Jurisdictional Updates Read more

South Dakota – Series LLCs Now Permitted

House Bill 1179 signed by the governor March 23 and effective November 15 authorizes Series LLCs.  

CSC November 11, 2020November 11, 2020 Jurisdictional Updates Read more

Louisiana – Amendments to Business Corporations Act

Senate Bill 33b (Act No. 3) signed by the governor and effective October 16 amended the Business Corporations Act to authorize directors to determine  virtual shareholder meetings without shareholder approval and a domestic parent corporation to merge a foreign subsidiary

CSC November 6, 2020November 6, 2020 Jurisdictional Updates Read more

South Carolina – Legislation Standardizes Business License Tax

House Bill 4431 signed by the governor and effective September 30 enacts the Business License Tax Standardization Act. 

CSC October 22, 2020October 22, 2020 Jurisdictional Updates Read more

Federal – Procedural Notice Posted for the Paycheck Protection Program

The Small Business Administration (SBA) on October 2 posted guidance to Paycheck Protection Program (PPP) lenders with respect to their decisions to consent to transactions involving “changes of ownership” of PPP borrowers. 

CSC October 9, 2020October 9, 2020 Jurisdictional Updates Read more
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