Effective January 2013 Pennsylvania corporations can elect to register as a Benefit Corporation. This new state law gives entrepreneurs, investors, and consumers the option to build, finance, and patronize businesses that pledge, as part of their corporate structure, to operate
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Arkansas News – Benefit Corporation
House Bill 1510 will allow for the formation of Benefit Corporations. This type of entity is a company that has a specified intent to benefit the public good as written in the Articles of Incorporation. The bill specifies the following
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Delaware News – Shelf Companies
A bill has recently been introduced in Delaware that would restrict the formation and holding of “Shelf” companies. The bill seeks to make it illegal to form a company and allow it to “sit” with no activities. Delaware would monitor
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Delaware News – Benefit Corporation
Delaware becomes the latest state to allow the creation of public benefit corporations. Effective August 1st Delaware will accept Articles of Incorporation of a public benefit corporation. The name must contain the words “public benefit corporation” or “PBC” and the
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Nevada News – 2013 Legislative Changes
Effective October 1, 2013, the following changes will be in effect in Nevada. Signature Requirements - Most Secretary of State Commercial Recordings forms will require the signature of an officer or some other person specifically authorized by the entity (board)
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Texas News – Franchise Tax Account Status
The TX Comptroller has historically issued Certificates of Account Status (“good standing”) in response to inquiries about the status of an entity’s franchise tax account. The ability to search the franchise tax status of an entity is also available on
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Connecticut – Annual Report Filings
The Connecticut Secretary of State has issued notice that, beginning January 1, 2012, all annual reports must be filed online per Public Act 11-146. Entities can no longer mail their reports unless they have received a written waiver from CT
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Massachusetts – Boston City DBA Certificates
The City of Boston has sent notification that they will no longer accept the general Commonwealth of Massachusetts business certificate "DBA" form. Boston will require use of their own Boston specific format. This puts Boston in league with many Massachusetts
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