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Welcome to the NRAI Monthly
Newsletter!
This is the first of a monthly
collection of Business Entity and SEC changes and alerts
that you will be receiving from National Registered
Agents, Inc.
Our Legal Research Staff is
combing daily through pending legislation to find
developing trends and administrative policies that may
affect your business or legal practice.
Our
goal is to spot changes before they become effective and
inform you. Where necessary please follow the links
below to additional information beyond the summary we
have given you.
NRAI is constantly looking
for ways and tools to assist you in your daily
operations.
Robert K. Rowell
General
Counsel
Business
Entity Law
Changes(Corporations)
Georgia
Notice: New law sets fee for name
reservations, beginning July 1, 2003
The Georgia General Assembly has
passed, and Governor Perdue is expected to sign,
legislation that sets a fee of $25 for reservation of
corporation, LLC and LP names. Under the new law,
reservations will be in effect for only 30 days, or
until the filing is made, whichever is sooner. If the
requested name is not available for filing, another
choice may be submitted without payment of an additional
fee.
Idaho
H314 effective July 1, 2003
authorizes the Secretary of State to build an electronic
annual report distribution and filing system.
http://www3.state.id.us/oasis/H0314.html
Maine
Public Law 2001, Chapter 640,
Effective July 1, 2003 Maine has adopted the Model
Business Corporation Act. Full text may be reviewed at
http://janus.state.me.us/legis/ros/lom/LOM120th/4Pub601-650/Pub601-650-39.htm
- P1272_232096
Pennsylvania
Corporation
Bureau no longer accepts expedites for Good Standings,
Certified Copies or any new filing without a Name
Reservation first, until further notice due to the
implementation of the new database in
March.
Ohio
Effective July 1, 2003, the
Ohio Secretary of State's business services division, in
compliance with Ohio Revised Code 111.25 will require
the use of its prescribed corporate forms authorized by
the current Secretary of State. National
Registered Agents, Inc. Document Library
(DocLib) has the current forms for your
use.
Business
Entity Law Changes(LLC's)
Idaho
H314 effective July 1, 2003
authorizes the Secretary of State to build an electronic
annual report filing system. http://www3.state.id.us/oasis/H0314.html
West Virginia
S381 Effective 6/4/03 allows
Professional Surveyors to organize Professional Limited
Liability Companies. ftp://129.71.164.29/ftp-senate03/SB300-399/
Wyoming
S74 Effective July 1, 2003 a
corporation may convert to a limited liability company
http://legisweb.state.wy.us/2003/introduced/SF0074.pdf
State Filing
Fee Changes
Georgia
Several fee changes effective July
1, 2003:
The filing fee for
corporations, LLCs and LPs will be $100.
The filing fee for
qualification of foreign corporations, LLCs and LPs will
be $225.
The annual registration fee
for corporations, LLCs and LPs will be $30.
There will be a name
reservation fee of $25 for corporations, LLCs and
LPs.
Illinois http://secure.nrai.com/doclib_docs/Illinois%20fees2.pdf
Maryland http://secure.nrai.com/doclib_docs/Maryland%20fees1.pdf
Nevada
Effective October 1, 2003,
Senate Bill 124 makes substantial changes in regards to
publicly traded companies in response to recent
corporate developments with regards to accurate
financial reporting. Requires certain corporations
to provide certain information at time of filing list of
officers and directors and to pay fee under certain
circumstances
http://www.leg.state.nv.us/72nd/Reports/history.cfm?ID=277
South Dakota
http://secure.nrai.com/doclib_docs/South%20Dakota%20fees1.pdf
Featured NRAI
Compliance Tools
Document
Library(DocLib)
A
comprehensive collection of over 7,000 documents at your
fingertips. DocLib includes fillable state
forms(e.g. Amendments, Qualifications, Withdrawals,
Incorporations, Mergers, Dissolutions, Name
Registrations) for every type of business entity
filing. Outlines detailing the filing process and
fees, Tax Calendars highlighting state compliance
requirements, and many tax forms are
available.
Corporate Compliance
Manager
NRAI's Corporate
Compliance Manager (CCM) provides a quick, easy
and flexible way to manage your corporate minute
books and officer, director, stockholder and stock
information. In addition, CCM provides corporate
tax / compliance management solutions that
include:
· Corporate eFile
· Document
Library
· Service of Process Tracking
·
Routine Mail Tracking
·
AnnualRegistration.com
· OneSearch PLUS
·
Tax Calendar
· Customized
Tax Calendar
· Automatic
Email Notification
· Tax
Filing History
and more!
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For more information
regarding NRAI services, please visit
http://secure.nrai.com You may contact us at
800.550.6724 or via email at info@nrai.com
About
NRAI
National Registered Agents, Inc.
(NRAI) is a professional Registered Agent for new and
established business entities. NRAI is fully licensed to
maintain Registered Office and receive legal process for
companies throughout the United States and around the
globe.
The NRAI Network encompasses 23
operating affiliates, with more than 400 associates, and
36 offices nationwide. The Network is focused on
providing comprehensive corporate and public record
information, research, retrieval, filing, and corporate
services for both law firms and corporate legal
departments.
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