Tom Wrosch, Commercial Registries Manager January 11, 2013
Business Registry Benefit Companies Combat Business Identity Theft Small Business Assistance Office Housekeeping
Purpose to provide public benefit Benefit measured against standard For corps and LLCs only
Makes Business ID Theft a crime Increases penalty for filing false statements RA address must be verifiable street address SoS can withdraw false filing
Located in SoS To: facilitate interactions between small businesses and state regulatory agencies. Complaints/investigation Aim is to help parties work together
Document Execution by Agent Using “cooperative” for foreign cooperative Using “partnership” in LLC
UCC RA9 Amendments (passed 2012) Organization information eliminated Debtor name (option B) Transition Rules
Notary Revised Uniform Law on Notarial Acts No major change in policy More direction on electronic notarization Notarizing for the disabled
Entity Change Notification New Notary Online Education New Notary Commission System Online Notary Database New Notary Administrative Rules (Sign up for NotaryNow)
New Interface New name availability rules Fast Path for professionals CBR Expansion: licenses, local government
Tom Wrosch Commercial Registries Manager Corporation Division (503)