1. Tom Wrosch, Commercial Registries Manager January 11, 2013

2. Business Registry  Benefit Companies  Combat Business Identity Theft  Small Business Assistance Office  Housekeeping

3.  Purpose to provide public benefit  Benefit measured against standard  For corps and LLCs only

4.  Makes Business ID Theft a crime  Increases penalty for filing false statements  RA address must be verifiable street address  SoS can withdraw false filing

5.  Located in SoS  To: facilitate interactions between small businesses and state regulatory agencies.  Complaints/investigation  Aim is to help parties work together

6.  Document Execution by Agent  Using “cooperative” for foreign cooperative  Using “partnership” in LLC

7. UCC RA9 Amendments (passed 2012)  Organization information eliminated  Debtor name (option B)  Transition Rules

8. Notary Revised Uniform Law on Notarial Acts  No major change in policy  More direction on electronic notarization  Notarizing for the disabled

9.  Entity Change Notification  New Notary Online Education  New Notary Commission System  Online Notary Database  New Notary Administrative Rules (Sign up for NotaryNow)

10.  New Interface  New name availability rules  Fast Path for professionals  CBR Expansion: licenses, local government

11. Tom Wrosch Commercial Registries Manager Corporation Division thomas.e.wrosch@state.or.us (503) 986-0511