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This week we introduce guest blogger and attorney Shelley Gould from the Law Offices of David B. Bloom. She delves into what an interpleader action is and how escrow officers can utilize this tool and why. Today’s post is the second and final part of the article.
BENEFITS OF FILING AN INTERPLEADER ACTION
There are multiple benefits to instituting an interpleader action. Many times escrow hasn’t closed and the Escrow holder is faced…READ MORE
This week we introduce guest blogger and attorney Shelley Gould from the Law Offices of David B. Bloom. 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 2 will be posted in next week’s blog. Please share your thoughts below.
Interpleader clauses can be found in the general provisions of standard escrow instructions for the sale of a…READ MORE
Last week’s blog post discussed why you need to file an annual report for your entity. This week we’re providing you a chart detailing when Annual Reports are expected to be filed in all 50 States. Check it out below.
Foreign NP Corp
Domestic NP Corp
The Secretary of State requires each company organized or incorporated within the State of North Carolina to file an Annual Report as a means of keeping the Secretary of State updated with registered agents, addresses, officers, directors, members and managers. It is especially important to make necessary changes to addresses and registered agents on the Annual Report to assure that the Secretary of State notifies your company of issues…READ MORE
Effective July 1, 2015, the state of New Jersey will no longer allow for UCC paper filings and electronic filings will be required. In addition to this change, it is important to note that establishing priority will be an issue as UCC filings will no longer be stamped with the time at which the filing was accepted.
Further changes to the UCC process in the state of New Jersey regarding collateral and secured party naming to perfect a…READ MORE