We clarify common misconceptions about UCC3 Assignment filings, explaining that they authorize a new secured party to amend a financing statement but do not transfer the underlying security interest. Understanding this distinction is crucial for accurate UCC documentation and maintaining the integrity of secured transactions.
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This article aims to clarify a few common misconceptions and provide accurate information on charitable solicitation registration.
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Learn about Delaware series LLCs, focusing on the benefits of registered series and how this flexible model provides a framework for understanding them in other states.
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501(c)(4) social welfare organizations, like charities, are generally required to register for charitable solicitation in their home state and when soliciting across state lines. It addresses common misconceptions and provides an overview of state-specific registration requirements and exemptions.
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This article identifies eleven common errors in UCC financing statements, such as incorrect debtor names and improper form usage, and offers guidance on avoiding them to ensure effective filings.
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There’s not much uniformity among states regarding charitable registration and renewal audit requirements – and the rules are often subject to change.
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Effective January 1, 2019, California allows for administrative dissolution/cancellation of corporations and LLCs, the use of blockchain technology for share ledgers and recourse when personal identifying information (PII) is used illegally on business entity filings.
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Singapore’s accession to the HCCH 1961 Apostille Convention (eliminating the need for legalization of foreign public documents) took effect on September 16, 2021.
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In this article, we explore the definition of “fixtures” under Article 9 of the UCC, the significance of securing interests in fixtures, the various filing options and key considerations when filing and how priority is determined for fixture filings and best practices for maintaining them.
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On December 22, 2023, New York Governor Kathy Hochul signed S.995B/A.3484, the LLC Transparency Act, into law. The Act was amended on March 1, 2024 and takes effect on January 1, 2026.
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