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.
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
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
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
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
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
South Dakota – Series LLCs Now Permitted
House Bill 1179 signed by the governor March 23 and effective November 15 authorizes Series LLCs.
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
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.
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.