Risk Management Blog

UCC & Corporate Due Diligence

Resource Guide for Legal and Financial Professionals

New Year Changes For Notaries Public In California

December 03, 2016 Corporate, Legislation Something

Effective January 1, 2017, some changes affecting notaries public are coming from the California Secretary of State’s Business Programs Division, Notary Public and Special Filings Section One change regards apostilles. Whereas an individual apostille used to require a separate certificate for each individual country under The Hague Convention of 5 October, 1961, now the apostille will no longer include the country in which it will be…READ MORE

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Solar Boom Continues Upward Trajectory

August 25, 2016 UCC, Legislation, Online UCC System Something

Last year, Congress’ approved 2016 federal spending bill included an extension of the solar panel tax credit. Homeowners, solar companies, and industry advocates alike were given a big Christmas gift in 2015 when Congress approved the 2016 federal spending bill and extended the solar panel tax credit. The December 18 bill contained a 5-year solar tax credit extension, which makes solar more affordable for all Americans. --http://news.energysage.com/congress-extends-the-solar-tax-credit/  The…READ MORE

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Let’s Revisit Interpleader Part II: What Is It And Why Is It An Effective Remedy In An Escrow Holder’s Arsenal?

February 11, 2016 UCC, Corporate, Legislation Something

Again for our Escrow Officer readers out there, we revisit a post by guest blogger Shelley Gould from the Law Offices of David B. Bloom titled  Interpleader:  What Is It And Why Is It An Effective Remedy In An Escrow Holder’s Arsenal? In her article, she delves into what an interpleader action is and how escrow officers can utilize this tool and why. Today’s post is the second of two parts; Part I was posted last week and you can read…READ MORE

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Let’s Revisit Interpleader: What Is It And Why Is It An Effective Remedy In An Escrow Holder’s Arsenal?

February 04, 2016 UCC, Corporate, Legislation Something

For our Escrow Officer readers out there, we revisit a post by guest blogger Shelley Gould from the Law Offices of David B. Bloom titled Interpleader: What Is It And Why Is It An Effective Remedy In An Escrow Holder’s Arsenal? In her article, she delves into what an interpleader action is and how escrow officers can utilize this tool and why. Today’s post is the first of two parts; Part II will be posted in next week’s blog. Please…READ MORE

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Individual Debtor Name Requirement For Oregon UCC Filings To Change

December 10, 2015 UCC, Legislation Something

Effective January 1, 2016, individual debtor names listed on new UCC-1 filings will need to match the name found on their Oregon driver’s license or Oregon-issued state ID card. This requirement, signed into law by Governor Kate Brown on June 22, 2015, will also apply to the next continuation for existing UCC filings. Currently, the name a person “is commonly known by,” also referred to as Alternative B, is acceptable for naming…READ MORE

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Delaware UCC paper filings no longer accepted by the DE SOS as of 12/01/15

November 19, 2015 UCC, Legislation, Online UCC System Something

Effective December 1, 2015, the UCC Division of the Delaware Secretary of State will require that all UCC filings be submitted to the Division electronically. The Division will no longer accept paper UCC filings submitted directly to the State via mail, courier or fax. Electronic UCC filings may be submitted directly to the Division via an authorized Delaware agent, such as First Corporate Solutions, or via the State of Delaware’s e-UCC…READ MORE

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2015 – 2016 Delaware Secretary of State Holiday Schedule

November 05, 2015 Legislation Something

Below is the holiday office hours schedule for the remainder of the year and the start of 2016 for Delaware state offices. If you have any questions regarding this schedule please contact your customer service representative. Wednesday, November 11, 2015 State Holiday – Veterans Day – The Division of Corporations will be closed.  Wednesday, November 25, 2015 There will be no change in the regular hours of the Division - the…READ MORE

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2015 – 2016 California State Holiday Schedule

October 29, 2015 Legislation Something

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

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Important Information For FBN Filers In California

October 15, 2015 UCC, Corporate, Legislation Something

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

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TRID: The Acronym Of Acronyms

October 08, 2015 Legislation Something

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

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