December 2015 State Holidays Posted on November 30, 2015 by Please note state filing offices occasionally make last-minute changes to their holiday closing schedules. We will update this list as we become aware of any such changes. Date State(s) Holiday Wednesday, December 23 NC Day Before Christmas Eve Thursday, December 24 AR, DE, IL, IN, KS, KY, MI, MS, NC, ND, OK, SC, TX, VA, WI Read More Posted in Jurisdictional Updates
A Beginner’s Guide to Annual Reports Part Three: Consequences of a Missed Annual Report Filing Deadline Posted on November 12, 2015 by CLAS hopes you have had the opportunity to read the first two installments of our Beginner’s Guide to Annual Reports blog series, Part One: The Annual Report Requirement and Part Two: Filing an Annual Report. In this, our final installment, we discuss the consequences of a missed Annual Report filing deadline. From a financial standpoint, Read More Posted in Corporate, Annual Reports
Delaware to Cease Accepting UCC Filings in Paper Format Posted on November 10, 2015 by Effective December 1, 2015, the Delaware Division of Corporations will require that all UCC filings be submitted to its office electronically; paper UCC filings submitted via mail, courier or fax will no longer be accepted for filing. For UCC filings that are prepared and submitted through the CLAS UCC eZFILE® system: After performing an in-depth Read More Posted in Jurisdictional Updates
A Beginner’s Guide to Annual Reports Part Two: Filing an Annual Report Posted on November 5, 2015 by In last week’s blog post, we offered a general overview of the Annual Report requirement. This week, we will discuss what to expect when filing an Annual Report. Figuring out how to file an Annual Report can be tricky. Most state filing offices now offer an online feature where filers can input Annual Report information Read More Posted in Corporate, Annual Reports
A Beginner’s Guide to Annual Reports Part One: The Annual Report Requirement Posted on October 29, 2015 by Once a new business entity forms, there are a number of statutory requirements the entity must satisfy in order to maintain its good standing. Specific requirements vary by state and entity type, but the most common post-formation requirement is the filing of an Annual Report. Nearly every state requires a periodic report from an entity Read More Posted in Corporate, Annual Reports
A UCC Search to Reflect: What is it? Why do I Need it? Posted on October 22, 2015 by After filing a UCC Financing Statement or Amendment, a conscientious secured party will request a search to reflect their filing. A search to reflect is a UCC debtor search of the office where you filed a UCC document, performed after your filing posts to the index. UCC experts and public records professionals agree that a Read More Posted in UCC and Lien
Top Five Reasons for Rejected Formation, Qualification Filings Posted on October 16, 2015 by Whether establishing a new business entity or expanding operations into a new state, a rejected corporate filing can be costly, not to mention frustrating. What follows is an overview of the top five reasons for rejection of formation or qualification documents. 1. Name is Not Available A new business name must be unique. When a Read More Posted in Corporate
PA Bureau of Corporations Experiencing Technical Difficulties Posted on September 24, 2015 by The Pennsylvania State Bureau of Corporations recently underwent a computer system upgrade. Since the upgrade, the Bureau has experienced significant technical difficulties that are impacting customer service levels and turnaround times. Due to data quality concerns, the state is not issuing certified UCC searches at this time. CLAS is happy to perform an unofficial UCC Read More Posted in Jurisdictional Updates
Delaware Early Hours and Cut-Off Times Extended Posted on September 17, 2015 by The Delaware Division of Corporations announced today that their shortened work hours of 8 a.m. – 5 p.m. EDT will continue through Friday, September 25, 2015, to allow for overnight maintenance and troubleshooting of their recently upgraded computer system. Reminder: All 1 hour, 2 hour and same day service requests must be received by 1 Read More Posted in Jurisdictional Updates
CLAS to Sponsor Annual NPRRA Conference Posted on September 10, 2015 by CLAS Information Services is a proud platinum-level sponsor of the upcoming National Public Records Research Association (NPRRA) Annual Conference taking place September 17-19 in Santa Fe, NM. The event brings together public records professionals from across the country to network, share ideas and discuss the latest trends, opportunities, legislation and technology affecting the industry. “CLAS has Read More Posted in CLAS News & Alerts