Legislation Effective September 1st
August 21, 2019
House Bill 1159
Relates to acknowledgment of written instruments on behalf of limited liability companies.
Senate Bill 1258
Provides for prosecution under the Penal Code of LLCs and other entities governed by the Business Organizations Code.
House Bill 3609
Provides for business entities to file assumed name certificates only in the office of the Secretary of State and repeals the requirement to also file in county clerk…READ MORE
Texas Revised Assumed Name Filing Requirements
August 21, 2019
Texas House Bill 3609: Effective September 1st, 2019
Amends the Assumed Business or Professional Name section (Title 5, Chapter 71) of Texas Business and Commerce Code to remove county filing requirements.
Assumed Name Requirements
Entities required to file Certificates of Assumed Name if regularly doing business under an assumed name:
• Domestic Business Corporations
• Limited Liability Companies (LLCs)
• Limited Liability…READ MORE
California Escrow Association Educational Conference Recap
July 19, 2019
Aloha! We are proud to have exhibited once again at the 29th annual California Escrow Association (CEA) Nor Cal Educational Conference, The Ohana of Escrow! The conference ran from July 11th-12th at the Marriott in San Ramon and hosted a mix of Escrow Officers from around the state.
Our Vice President of Strategic Relations, Chris Cerruti, tabled the event to offer information on our products and services that support Bulk Sale Escrow…READ MORE
July 15, 2019
The following updates to Delaware legislation are effective August 1, 2019.
SB 88 - Chapter 48
Amends the General Corporation Law (GCL), adding new provisions relating to documentation of transactions, the execution, and delivery of paper/electronic documents. Revisions were made to default provisions applicable to stockholder notices and updates to provisions governing notices of appraisal rights and stockholder consents delivered…READ MORE
The Ohana of Escrow
July 11, 2019
Aloha, Bulk Escrow Officers!
The California Escrow Association NorCal Conference is taking place this Friday and Saturday. Escrow officers from across the state will come together and First Corporate Solutions is proud to attend!
The Friday and Saturday schedules have planned sessions for many of the expected topics and culminates with the always anticipated Legislative Update.
If you’re headed to the conference this week,…READ MORE
June 20, 2019
House Bill 251 | Effective: 01/01/19
The bill makes technical corrections regarding the name of the Alabama Limited Liability Company Law, the ability of a partnership to continue as an entity for a brief period of time under the law with one partner or no partners and the duty of a partner in a general partnership to not compete with the partnership before the partnership is dissolved. The bill is retroactively effective as…READ MORE
First Corporate Solutions Names Samuel Hon Chief Executive Officer
June 06, 2019
SACRAMENTO, CA - June 6th 2019 - David Silverburg, the Founder of First Corporate Solutions, Inc. (FCS), recently announced the appointment of Samuel Hon as Chief Executive Officer. With this transition, David will become the FCS Board Chairman, which entails providing the company with fiduciary guidance and consultation.
In his announcement, David said, “Samuel has exemplified excellent leadership, and has illustrated a thoughtful…READ MORE
Delaware LP, LLC, & General Partnerships – Annual Tax Due June 1st, 2019
May 22, 2019
Limited Partnerships, Limited Liability Companies, and General Partnerships formed in Delaware are required to pay an annual tax on or before June 1st of each year. Not receiving notice does not exempt you from filing and paying by the due date.
What’s Due & WhenAnnual tax of $300.00 on or before June 1st of each year
Missed Deadline Penalty for non or late payment is $200.00Interest accrues on the tax and penalty at the rate of…READ MORE
The Benefits of API For UCC
May 10, 2019
UCC, Online UCC System, Product Update, Due Diligence, Reduce Financial Risk
Your growing UCC portfolio is a sign of your success. To support it, perhaps it’s time to consider upgrading your UCC Portfolio Manager by installing an API for UCC, an enhancement that consolidates your UCC management into one single system. Designed specifically to streamline and simplify your UCC processes and scale with your success, API for UCC gives you the power to manage your growing UCC portfolio efficiently while freeing you…READ MORE
CA Secretary of State Announces New Trademark Search
May 02, 2019
Keeping true to their dedication to California Entrepreneurs, the California Secretary of State’s office has launched its new California Trademark Search. This search tool provides customers with the ability to search active trademarks on file with their office.
Customers are now able to search by:
- registration ID
- description of mark
- registration date
- classification code
- name of owner
- US Patent & Trademark Office design…READ MORE