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California
Senate Bill 918
Effective January 1, 2012, amends the Corporations Code regarding the term of office of directors of mutual water companies incorporated as general corporations.
Full text available here.
Assembly Bill 361
Effective January 1, 2012, amends the Corporations Code by authorizing new or existing corporations to declare that they are benefit corporations with the purpose of creating public benefit as defined in the Bill.
Full text available here.
Senate Bill 201
Effective January 1, 2012, amends the Corporations Code by authorizing the formation of flexible purpose corporations, the charter of which sets forth special purposes including charitable or other beneficial purposes; and by revising shareholder vote requirements for mergers or conversions involving flexible purpose corporations.
Full text available here.
Connecticut
House Bill 6565
Effective January 1, 2012, amends the entity laws to require that annual reports be filed electronically and permit the filing of copies of LP and LLP documents rather than originals.
Full text available here.
Oklahoma
The Tax Commission has issued new withholding account numbers to all registered employers. The new account numbers are required to be used effective with the November 2011 reports and payments. Any employer who has not received the notification letter regarding its new account number should contact the Commission.
Oregon
House Bill 2254
Effective January 1, 2012, amends the entity laws regarding the conversion procedure, waiver of the five year reinstatement limitations period, the content of foreign qualification documents and annual reports and amends the assumed name law.
Full text available here.
Rhode Island
House Bill 5894
Effective for taxable years beginning on or after January 1, 2012, amends the LP and Partnership laws by requiring LPs and LLPs to file a form as prescribed by the Tax Administrator and pay an annual charge equal to the minimum corporation income tax.
Full text available here.
(See Article19, Sections 1 and 2)
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About NRAI
National Registered Agents, Inc. (“NRAI”) offers local and personalized service through experienced professionals with the global strength of an industry leading corporate and legal services provider. Founded in 1995 by industry veterans on the conviction that a registered agent should deliver exceptional service and innovative technology at a reasonable price, NRAI has experienced unrivaled market growth. NRAI delivers services that transform the registered agent into a trusted business partner, services that include corporate governance and compliance solutions, corporate transactional and due diligence services, and risk management solutions. By focusing on our clients rather than the bottom line and disinterested shareholders, NRAI has become the trusted partner of thousands of companies and law firms of all sizes across the United States and around the world.
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