Solar Boom Continues Upward Trajectory
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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
New Year Changes For Notaries Public In California
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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
Big Changes In Illinois: New Centralized State Tax Lien Registry Created
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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
California SB 2 Update On Varying County Requirements
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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
Commercial vs Noncommercial Registered Agents
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Providing a registered agent for service of process (SOP) when completing business entity filings is often required. Whether it is a commercial registered agent or noncommercial registered agent impacts how the filing is completed.
For example, when appointing commercial registered agents, the filer is not required to provide an address in some states; it is always required of noncommercial agents. Commercial agents also file registered… >> READ MORE
Legislative Update – Effective January 1st, 2019
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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
Legislative Update
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Alabama
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 of… >> READ MORE
Delaware Legislation
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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 by… >> READ MORE
Texas Revised Assumed Name Filing Requirements
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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
Legislation Effective September 1st
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Texas
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