Risk Management Blog

UCC & Corporate Due Diligence

Resource Guide for Legal and Financial Professionals

API for UCC – Enhance Compliance And Streamline Workflow

February 01, 2018 UCC, Online UCC System, Product Update, Due Diligence, Reduce Financial Risk

Are you a secured party? Want to improve and streamline your UCC perfection process? You can! Enhance your compliance practices by eliminating the need to re-enter UCC information, and streamline your workflow by minimizing keystrokes, all at the same time. How? With Direct B2B Interfaces for UCC transactions…API for UCC. This technology allows you to connect your business line software directly to reliable, fast, and accurate…READ MORE

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Tips To Determine Your Corporate Name Nationwide (Part II)

January 25, 2018 Corporate, Due Diligence, Tips

This is Part II of our two-part blog on Corporate Names:  Tips To Determine Your Corporate Name Nationwide. We re-posted Part I in last week’s blog that discussed Corporate Name Availability in more detail. Today we share some tips on Name Reservation vs. Name Registration. Name Reservation. This is generally a document and filing fee submitted to a Secretary of State office, or just a fee paid. A Name Reservation can hold your name…READ MORE

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Tips To Determine Your Corporate Name Nationwide (Part I)

January 18, 2018 Corporate, Tips

Please enjoy this popular and informative re-post from a previous blog:  Tips To Determine Your Corporate Name Nationwide (Part I). We will re-post Part II next week. Perfecting your registration or qualification with all Secretary of State Offices under the same name is important for many reasons.  Most companies want name consistency in all the states they are registered or qualified to do business.  Name consistency in each state…READ MORE

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California SB 2 Update On Varying County Requirements

January 11, 2018 UCC, Legislation, Due Diligence, Title Related Topics

As California SB 2 has been rolled out, its implementation has created varying applications county to county. All of you recording documents in California counties are very aware of this new reality. Here’s a quick look at what SB2 is and what it does. To further assist you, below are updates and requests from various County Recorders regarding California SB 2. I. The below counties require a wet signature, under penalty of perjury,…READ MORE

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Big Changes In Illinois: New Centralized State Tax Lien Registry Created

December 28, 2017 UCC, Corporate, Legislation, Due Diligence

Effective in Illinois on January 1, 2018, the State Tax Lien Registration Act will change how state tax liens are filed there. It will create one centralized State Tax Lien Registry for filing notices of tax liens in favor of or enforced by the Illinois Department of Revenue, who will manage the new registry. Currently, state tax liens in Illinois are filed by the Illinois Department of Revenue for unpaid taxes at appropriate county recorder…READ MORE

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First Corporate Solutions Reaches Out And Gives For The Holidays

December 20, 2017 Event

In keeping with our commitment to give to those less fortunate in our community and continuing our tradition, First Corporate Solutions has made charitable donations this holiday season to the following incredible organizations.  WEAVE The mission of WEAVE (Women Escaping a Violent Environment) is a crisis intervention service for survivors of domestic violence and sexual assault in Sacramento County. FCS and our entire staff are donating…READ MORE

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Your Ultimate State Research Links Library

December 14, 2017 UCC, Corporate, Due Diligence

End of year buzzwords and phrases we all use and hear this time of year:  get better organized, be more efficient, streamline, and ultimately, be more successful. We’ve all worked towards accomplishing them and we utilize tools and tactics that help us achieve them. Below are links to various State departments nationwide, consolidating that information onto one web page, Your Ultimate State Research Links Library. We hope it’s a…READ MORE

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Tips For Your Fast-Paced Year End Corporate Transaction (Part II)

November 30, 2017 Corporate, Registered Agent, Due Diligence, Tips

To add to last week’s blog, below are a few additional tips to move your deals at lightning speed and efficiency from our popular and informative post:  Tips For Your Fast-Paced Year End Corporate Transaction (Part II). Have your service company “in the deal” as a partner. If you are able to share a few key points to the transaction, deadlines, or closing date by walking your service provider through the transaction, it will…READ MORE

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Tips For Your Fast-Paced Year End Corporate Transaction (Part I)

November 23, 2017 Corporate, Registered Agent, Due Diligence, Tips

Please enjoy this popular and informative re-post from last year’s blog:  Tips For Your Fast-Paced Year End Corporate Transaction (Part I). We will re-post Part II next week.   Year end is here.  Lightning speed transactions require entity Formations and Registrations in several states.  Below, we have listed some reminders to help you through the year-end rush. Delaware Direct Access. Delaware by far is the state…READ MORE

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FCS Coordinates Meeting With LA County Tax Collector And Bulk Sale Escrow Officers

October 30, 2017 Uncategorized

First Corporate Solutions recently coordinated and led a meeting with the Los Angeles County Tax Collector and bulk sale escrow officers helping to represent LA county. We batted around good solutions to a few key issues, and are now discussing implementations. Here are a few of the primary takeaways. Issue:                  Lag time and lack of return of the tax releases Solution:            The tax collector…READ MORE

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