Risk Management Blog

UCC & Corporate Due Diligence

Resource Guide for Legal and Financial Professionals

2015 – 2016 California State Holiday Schedule

October 29, 2015 Legislation

In order to help you prepare, the following is the current list of California Secretary of State holiday closures for the remainder of the 2015 year and for next year 2016. This list is subject to change. State Holiday Schedule through 2015: Wednesday, November 11, 2015 – Veterans Day Thursday, November 26, 2015 – Thanksgiving Day Friday, November 27, 2015 – Day after Thanksgiving Friday, December 25, 2015 – Christmas…READ MORE


How To Safeguard Client Portfolio List from UCC Public Record Searches

October 23, 2015 UCC

UCC searching and filing service providers go to great lengths to keep their customers’ data secure. Technology and in-house procedures provide safeguards to keep your data protected from outside sources. Since service providers, along with state and county filing offices, are the gatekeepers of public records containing transactional information, this is a good thing. The nature of the Uniform Commercial Code, however, exposes an important…READ MORE


Important Information For FBN Filers In California

October 15, 2015 UCC, Corporate, Legislation

Do You File FBN Statements In California? California Senate Bill 1467 amended Business and Professions Code sections 17901, 17913, 17914 and 17916 and went into effect January 1, 2015. With the implementation of this bill most counties in California revised their Fictitious Business Name Statement forms and also added some supplemental forms to meet the Senate Bill’s requirements. An issue has arisen with the implementation of the…READ MORE


TRID: The Acronym Of Acronyms

October 08, 2015 Legislation

So what is TRID anyway? It went into effect October 1, 2015, and by now most of you have heard of it but perhaps there is still some confusion about what it is and why it came to be. We’ll try to fill in some blanks below. TRID is an acronym for the mortgage form acronyms TILA and RESPA and is a result of the new closing disclosure rules that came out of Dodd-Frank. It’s an attempt to merge the two forms to eliminate, or at least…READ MORE


Why Does Your Company Have to File an Annual Report Every Year and What Happens if You Don’t File?

October 02, 2015 Corporate

The Secretary of State requires each company organized or incorporated within a State to file an Annual Report as a means of keeping the Secretary of State updated with registered agents, addresses, officers, directors, members and managers. The fee and due dates for these Annual Reports vary from state to state but all states require you to file on an annual basis. If nothing has changed most states will have a box at the top of the form…READ MORE