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Oklahoma – Corporate Legislation Effective November 1 Senate Bill 228 (Chapter 51) signed by the governor April 19 and effective November 1 amends the General Corporation Act and LLC Act to authorize electronic transmission of notices, clarify procedures for consent
In response to the ongoing COVID pandemic, New Jersey legislators approved statutory amendments allowing business entities to conduct annual meetings, member meetings, and shareholder meetings remotely. The amendments permit entities to use reasonable measures to verify remote participation, allow remote
Article 9 and Lien-Related Legislation California: The governor signed SB 572 on 9/27/2021 to allow the Labor Commission to create a lien on real property as an alternative to a judgment lien for amounts due from cited parties. The lien
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The Delaware General Assembly enacted new legislation during the 2021 session that allows members, managers and partners (i.e. principals) of LLCs or partnerships, as the case may be, to delegate rights, powers, or duties to someone else, even if such
Florida’s General Assembly amended several sections of the Florida Business Corporation Act (FBCA) to address concerns raised by corporations and the legal community in the wake of the 2019 overhaul of the FBCA. The new legislation: Clarifies the definition of
Australia – Director ID Requirement Beginning November 2021 Directors of Australian companies and foreign companies registered in Australia will need to apply online themselves and verify their identity to obtain a Director ID starting in November 2021 and no later
October Jurisdictional Updates Florida – House Bill 1523 (Senate Bill 1378) signed by the governor June 7 and effective October 1 creates the Combating Corporate Espionage Act by amending current definitions and crimes relating to trade secret theft under existing
Article 9 and Lien-Related Legislation California: SB 572, which would allow the Labor Commission to create a lien on real property as an alternative to a judgment lien for amounts due from cited parties, passed the House as amended on
Rhode Island – Update on Legislative Changes Affecting Business Entities The Secretary of State posted an update on legislative changes that affect business entities. House Bill 5984A/Senate Bill 789A established a single annual report filing period that aligns with the