Unisearch Holiday Closings

All offices of Unisearch will be closed on Monday, December 25th and Monday, January 1st.  Unisearch wishes our clients and employees a safe and happy holiday season and a peaceful and prosperous new year!

Indiana - Uniform Business Organizations Code and the Uniform Business Organization Transactions Act

Senate Bill 443, effective January 1, 2018, enacts the Uniform Business Organizations Code and the Uniform Business Organization Transactions Act, governing various issues, including filings with the Secretary of State, names, registered agents, foreign entities, administrative dissolution, fees, mergers, interest exchanges, conversions and domestications for all business entity types.

 

https://iga.in.gov/legislative/2017/bills/senate/443#document-ca0e392c

 

Minnesota Revised Uniform Limited Liability Act

Minnesota enacted the Revised Uniform Limited Liability Act effective August 1, 2015. RULLCA  governed domestic and foreign LLCs formed or registered in Minnesota on or after the above date. Domestic and foreign LLCs registered before that date are governed by the old law until January 1, 2018. The old law is repealed effective January 1, 2018 at which time the new law will govern all LLCs.  This change is mandated by state law and requires no action by the LLC.   The SOS provides information on the upcoming change at http://www.sos.state.mn.us/business-liens/business-help/upcoming-llc-law-change/

Fee Increase for Document Recordings in California

California Senate Bill 2 was signed into law by Governor Jerry Brown on September 29, 2017 and will take effect January 1, 2018. It creates a $75 fee on certain real estate transaction documents when they are recorded, capped at $225 per transaction. The fee does not apply to sales of residential and commercial properties but instead to other transactions like mortgage refinancing and county fixture filings.

North Carolina - Assumed Name Expiration

Per NC House Bill 228, Certificates of Assumed Name filed before December 1, 2017 will have an expiration date of December 1, 2022.  A new certificate must be filed to continue using the name.  Certificates of Assumed Name filed on or after December 1, 2017 will not expire.

Washington State Annual Report Filing Changes

The Washington State Business Licensing Services (BLS) and Secretary of State have advised that, effective January 1, 2018, primary administration of business corporation and LLC Annual Reports is being transferred from the BLS to the Secretary of State.  Reporting electronically will still be permissible with either agency.  However, filing with the BLS will still incur an additional $11 handling fee while filing with the Secretary of State will not.  Paper filings will have to be filed with the Secretary of State after the effective date.

After the effective date, the Secretary of State will send notifications to file to entities’ registered agents approximately 60 days in advance of the due date.  The due date will remain unchanged: on or before the last day of the entity’s anniversary date of formation or registration in the state.

Thanksgiving

Happy Thanksgiving from the entire Unisearch Family!  We wish you a wonderful holiday with family and friends.    Please note:  All Unisearch offices will be closed Thursday, November 23rd and Friday, November 24th for the Thanksgiving holiday.   We will reopen on Monday November 27th.

State of Oregon Releases New Corporate Forms

The State of Oregon has released new forms for Articles of Incorporation, Articles of Organization, and related forms i.e. amendments, mergers, etc. The new form revision date is 11/17.
Beginning January 1st entities will be required to provide principle place of business and officer/director/ member/manager information when filing their articles instead of having the option to wait until their first annual report filing.
The state will not accept old forms after the first of the year.
Please see below for link to new forms:

Washington State Corporate Filings - Filing Date Changes

The Washington Secretary of State launched a new filing system on Monday, November 13th.  The State has changed the procedures for issuing the "filing" date for corporate filings.  In the State's current filing system all corporate documents are given the date of submission as their "filed" date.  The new system will now use the date the document is completed in their system as the "filed" date.  Please take note of this change as we approach year end. Current processing times:  Same Day Expedite - Same Day, Regular Expedite - 2 to 5 Days, Routine - 2 Weeks.  Processing times are expected to increase as State employees transition to the new system along with the end of year push.    

Delaware Changes - Corporate Franchise Tax Rates and Statutory Business Trust Fees

Delaware House Bill 175, Laws of 2017, has increased the following corporate franchise tax rates and amounts and statutory (business) trust fees, effective as noted below.

 

Franchise Tax

  • Delinquency fees from $125 to $200 (January 1, 2018)
  • Tax multiplier from $75 to $85 related to the authorized shares calculation (January 1, 2018)
  • Tax multiplier from $350 to $400 related to the assumed par calculation (January 1, 2018)
  • Minimum tax related to the assumed par calculation from $350 to $400 (January 1, 2018)
  • Excepted as below, maximum tax from $180,000 to $200,000 (effective for the tax year beginning January 1, 2017)
  • Creation of a new $250,000 maximum for certain publicly traded corporations effective for the tax year beginning January 1, 2017)

 

Statutory Trusts

  • Maximum fee for filing documents from $300 to $500 (August 1, 2017)

 

The Bill may be accessed at http://legis.delaware.gov/json/BillDetail/GenerateHtmlDocument?legislationId=25780&legislationTypeId=1&docTypeId=2&legislationName=HB175

 

 

logo_unisearch-footer

Contact Info

Corporate Headquarters
1780 Barnes Boulevard SW
Tumwater, WA 98512-0410

PO Box 11940
Olympia, WA 98508-0708

Phone Number
+1 (360) 956-9500
+1 (800) 722-0708

Fax Numbers
+1 (360) 956-9504
+1 (800) 531-1717

Operation Hours
Daily: 8:00 am - 5:00 pm
Saturday - Sunday: Closed

Copyright © 1997 - 2022 Unisearch, Inc. All Rights Reserved.