Posted on October 1, 2016 by Three states (Connecticut, Maryland and North Carolina) have new laws taking effect during the month of October. Please see below for summaries of the laws that will go into effect this month. CONNECTICUT Effective Date: October 1, 2016 Entities Affected: Various Senate Bill 302, effective October 1, 2016, amends provisions requiring state agencies to analyze the impact of proposed regulations on small businesses. View the bill text. MARYLAND Effective Date: October 1, 2016 Entities Affected: Professional Corporations Senate Bill 66, effective October 1, 2016, amends provisions dealing with the name requirements for professional corporations. View the bill text. Effective Date: October 1, 2016 Entities Affected: Corporations Senate Bill 148, effective October 1, 2016, amends provisions dealing with the duties of directors regarding the entering into of transactions involving the corporation. View the bill text. Effective Date: October 1, 2016 Entities Affected: Various House Bill 1446, October 1, 2016, creates an administrative procedure for individuals to challenge charter documents or governing documents they believe to have been intentionally filed falsely with the Maryland State Department of Assessments and Taxation. View the bill text. NORTH CAROLINA Effective Date: October 1, 2016 Entities Affected: LLCs; Religious, Charitable Organizations Senate Bill 482, October 1, 2016, makes technical and clarifying changes to the North Carolina LLC Act, and authorizes religious and charitable corporations to convert to LLCs subject to certain requirements. View the bill text. Content courtesy of NRAI, our partner in Registered Agent services. Posted in Jurisdictional Updates
