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Jurisdictional Updates 3-10-2021

Arkansas – Secretary of State to Collect Franchise Taxes Beginning March 15

The Secretary of State will begin collecting franchise taxes effective Monday, March 15 according to posted news items at https://www.sos.arkansas.gov/news/detail/franchise-taxes-move-from-dfa-to-sos-beginning-march-15th and https://atap.arkansas.gov/  The administration of franchise taxes was transferred from the Secretary of State to the Department of Finance and Administration effective January 1, 2021 pursuant to the Arkansas Tax Reform Act of 2019

South Dakota – Remote Meetings Allowed for Non Profit Corporations During Declared Emergency  

House Bill 1090 signed by the governor and effective March 3 permits domestic non-profit corporations to amend bylaws and conduct meetings remotely or by electronic communication during declared emergencies. https://sdlegislature.gov/Session/Bill/22164/218061