May 27, 2016

Happy Memorial Day from CLAS

From all of us at CLAS, have a safe and pleasant Memorial Day! Please take a moment this weekend to remember our fallen heroes and appreciate those who serve today. CLAS Information Services will be closed Monday, May 30, 2016 in honor of Memorial Day. We will resume normal business hours on Tuesday, May 31,
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June 2016 State Holidays

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 Monday, June 6 AL Jefferson Davis’ Birthday Friday, June 10 HI King Kamehameha Day Monday, June 20 WV  West Virginia Day CLAS Information Services understands
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Before You Ignore Those Terminated UCCs – PLEASE READ THIS!

When reviewing UCC search results as part of a pre-funding due diligence investigation, it may be your first inclination to ignore a UCC that has a termination listed, assuming that the UCC record is no longer a factor in determining priority. Before deciding to ignore any terminated UCCs that turn up on your search reports
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5 Foreign Qualification Pitfalls & How to Avoid Them

Coordinating a foreign qualification project requires careful planning and a keen attention to detail. Here is a brief overview of the top 5 pitfalls of foreign qualification projects and some tips for how to avoid them. 1. Choosing a name that is not acceptable in the foreign jurisdiction When a qualification document is submitted for
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Important Change to California LLC Statements of Information

Effective May 3, 2016, the California Secretary of State has released updated Limited Liability Company Statement of Information (LLC-12) Forms. Per the state, the following changes have been made: The Limited Liability Company Statement of Information (Form LLC-12) has been revised and reformatted, including the removal of the option to indicate on that form that
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Is UCC E-filing is Right for Your Organization?

These days, nearly every state filing office accepts some form of electronic filing (E-filing) for UCC documents, often either through xml transmission or a fillable web form. Some states are even beginning to mandate E-filing for UCCs. Back in 2012, Colorado became the first state to require that all UCC filings be submitted electronically. Since
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