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
EGAN ON ENTITIES: Expert guidance on entity and jurisdiction choice
Texas attorney Byron Egan has spent his career thinking about where to form business entities and which entity is best entity for a given transaction. “The choice of the state for formation is critical,” he explained in a recent CSC
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
New Georgia business entity law allows for the creation of benefit corporations
The new law and other legislative updates have been captured in the 2020 edition of CSCPublishing’s Georgia Laws Governing Business Entities Annotated. A Table of Sections Affected provides a list of legislative changes. Several sections of the book have been temporarily affected by Executive Orders 03.23.20.02 and 04.23.20.02, both issued in response to the pandemic this year. Those orders have been included in the book’s appendix.
Colorado introduces new procedures for ratifying defective corporate actions
Colorado lawmakers approved new provisions based on the American Bar Association’s Model Business Corporation Act for the ratification of defective corporate actions. Under the new law, corporations can ratify voidable and void corporate actions, such as the over-issuance of shares,
Changes to business law in Maryland and the District of Columbia
Lawmakers in Maryland and the District of Columbia approved changes to the jurisdictions’ business entity statutes during their 2020 sessions. In Maryland, made a number of updates to the Maryland General Corporation Law and the Maryland REIT Law that took
Why Clients Change Their Registered Agent to CSC Part 1: Seamless Transition to Award-Winning Service
Change can be hard, and compliance teams are already inundated with a tremendous range of responsibilities to keep up with every day. 2020 created added urgency for teams to centralize and simplify compliance, as many organizations found their compliance resources
New York provides for remote board meetings
New York’s General Assembly approved amendments to the Business Corporation Law, Not-for-Profit Corporation Law, and Religious Corporations Law, providing for the remote conduct of certain practices and procedures relating to board meetings. Those changes, as well as more than 45
Updated business statutes, new case notes in 2020 New Jersey deskbook
New Jersey business attorneys need to stay on top of new case law and legislative changes in the state to advise clients and complete transactions. The 2020 edition of CSC’s New Jersey Laws Governing Business Entities Annotated provides a comprehensive
South Dakota – Series LLCs Now Permitted
House Bill 1179 signed by the governor March 23 and effective November 15 authorizes Series LLCs.