Your source for the latest news about legislation, filing offices, and more…
Turkey – Disclosure of Ultimate Beneficial Owners General Communique No. 529 on Tax Procedural Law by Turkey’s Ministry of Treasury and Finance in force July 13 requires corporations to disclose ultimate beneficial owners to the Turkish Revenue Administration via electronic
Article 9 and Lien-Related Legislation No developments to report. Other Uniform Laws Legislation Rhode Island: The governor signed both HB 5511 and SB 451 on 7/13/2021 to correct some drafting oversights from the state’s adoption of UCC Article 7. The
In this hour-long webinar, CSC Associate General Counsel Paul Hodnefield will seek to clear up the uncertainty surrounding the different types of amendments, their effect on the record, and the risks involved in the process.
Rhode Island – Legislation Amends Business Corporation Act and Nonprofit Corporation Law House Bill 5051 (Public Law 2021-386) and Senate Bill 24 (Public Law 2021-385) signed by the governor and effective July 13 amend the Business Corporation Act to increase
Delaware – Legislation Effective August 1, 2021 Senate Bill 113 (Chapter 60) signed by the governor June 30 and effective August 1 amends the General Corporation Law to clarify that shares of a corporation’s capital stock held by any other
California and Texas – Important Franchise Tax Updates The Franchise Tax Board posted a notice that electronic signatures will be accepted until December 31, 2021 for all documents except Power of Attorney forms which require an original signature. More information
As business transactions pick up speed after a slow 2020 and legal teams begin to adapt, CSC is pleased to announce the 2021 edition of our foreign qualification guide, “Doing Business Outside Your State,” an excerpt from our definitive desk
Puerto Rico – Processing Delays for UCC Filings Full-service orders for UCC filings at the Register of Commercial Transactions are currently delayed due to recent shifts in government employees at offices in the Department of State. Orders for filings at
Maine – Law Brings Gender Equity to Corporate Boards House Bill 878 (Public Law 385) became law June 30 without the governor’s signature and is intended to bring gender parity to corporate boards. Corporation annual reports shall include indications whether
Illinois – Legislation Creates Uniform Electronic Transactions Act Senate Bill 2176 (Public Act 38) signed by the governor and effective June 25 creates the Uniform Electronic Transactions Act, repeals the Electronic Commerce Security Act and provides that a contract, record,