
Avoiding Fatal Debtor Name Mistakes on UCC Financing Statements
On Demand: This webinar covered debtor name requirements, the Minor Error Rule, and best practices to avoid mistakes.
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On Demand: This webinar covered debtor name requirements, the Minor Error Rule, and best practices to avoid mistakes.
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Failure to list an individual debtor’s name exactly how it appears on a drivers license can result in a misleading UCC financing statement.
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A summary of some of the notable business entity and UCC related bills from various states that were passed into law in 2022, many of which will take effect on January 1, 2023.
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Senate Bill 218 allows a remedy for lawful corporate actions not in compliance with the corporation’s code or the articles, bylaws or other governance documents, with some exceptions.
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California’s new law permits domestic corporations to convert into foreign entity types, provided the destination state allows it. This includes converting into a foreign corporation, a process known as “redomestication” in some states.
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Continuing Delaware’s tradition of updating its business entity laws, Governor Carney signed Senate Bills 113-116 on June 30, 2021, amending the General Corporation Law (DGCL), LLC Act, LP Act, and Partnership Act.
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Amendments to Delaware’s state code to keep up with business entity needs took effect in 2020. Here’s a round-up of the updates.
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Effective June 1, 2020, Montana implemented the new Business Corporation Act, introducing significant changes to corporate governance and compliance requirements. This article provides an overview of the key provisions and their implications for businesses operating in the state.
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The Delaware Division of Corporations announced a new business entity name regulation (23 DE Reg. 323), effective October 11th, 2019.
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