Risk Management Blog

For any questions please contact your account manager or call 800.406.1577. ALABAMA: House Bill 72 (Act 2018-25), revises the Alabama Partnership Act to provide procedures for formation, powers, governance, and dissolution applicable to domestic and foreign LLPs and LLLPs. CALIFORNIA: Assembly Bill 2237 (Chapter 2018-76), amends the Corporations Code requiring shareholder inspections to be conducted of the accounting records and board… >> READ MORE

2019 is approaching and New Years resolutions are on everyone's mind.  Streamlining and improving your UCC due diligence strategies should be on your list!  Have you considered adapting new strategies to improve your UCC Due Diligence? Evaluating your UCC management can be a complicated process; as a UCC service partner we support our clients responsibility to reduce risks, improve workflow efficiency and cut costs while maintaining… >> READ MORE

President Samuel Hon, CFO Rich Ahrens, CEO David Silverburg, and Operations Manager CJ Hay with gifts donated to WEAVE this holiday season.  We express our heartfelt gratitude and appreciation for your contributions to our success this past year. In keeping with our commitment to give to those in our community, First Corporate Solutions has donated to the Camp Fire Victims who lost their homes in the recent fires that… >> READ MORE

bizfile California, an online business entity document filing and search platform run by the Secretary of State (SOS), has expanded a lot over the past year. Most notably, it now allows online filing of trademarks, service marks, and Limited Liability Companies (LLCs) formations. Holding true to their commitment to entrepreneurs, the SOS most recently released the ability to terminate LLCs online. CLICK HERE to access the new LLC… >> READ MORE

For any questions please contact your account manager or call 800.406.1577. Alabama - HB72 Revises the Alabama Partnership Act by specifying the procedures for formation, powers, governance, and dissolution available to LLLPs, LLPs, foreign LLLPs, and foreign LLPs that conduct business in the state. California - SB920 Extends the authorization for persons licensed to engage in the practice of engineering, land… >> READ MORE

For-profit and nonprofit corporations in Delaware should be on the lookout for notices from the Delaware Division of Corporations for franchise taxes and annual reports due for the 2018 tax year.  Not receiving this notice does not exempt you from filing and paying by the due date. Following the 2017 amendments to Title 8 Section 503 many corporations have been left with questions.  We’ve assembled a list of facts to consider during… >> READ MORE

First Corporate Solutions is exhibiting our UCC searching, filing, monitoring and API solutions at the International Factoring Association Conference April 3-6 in San Diego, CA! Why Factors Choose FCS Lien Monitoring & UCC Solutions IFA Preferred Vendor - 10% Off State & County Lien Monitoring for Members Search methodology that uncovers & reports name variations Direct Data Results from State & County… >> READ MORE

As a secured party, you need to know immediately if your debtor is experiencing financial distress that could result in bankruptcy or debtor default. In this FREE eBook, we focus on lien-related post filing due diligence and what you can do as a secured party to maintain your perfected security interest. In it, you will find post filing due diligence insights regarding the below topics. Top 5 mistakes to avoid on UCC Financing Statements … >> READ MORE

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… >> READ MORE

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 & When Annual tax of $300.00 on or before June 1st of each year Missed Deadline Penalty for non or late payment is $200.00 Interest accrues on the tax and penalty at the… >> READ MORE