Insights Center

LLC BOI Filings - New York

Effective December 22, 2024, Senate Bill 995 requires the disclosure of beneficial owner information from owners of limited liability companies and foreign limited liability companies.

West Virginia - Beware of 2025 Annual Report Solicitations from Third Parties

Beware of 2025 Annual Report Solicitations from Third Parties in West Virginia. According to Secretary Warner, these solicitations may appear to be official government forms, but are not government approved, reviewed, or official notices in any manner.

Nationwide Injunction of the Corporate Transparency Act

On Tuesday, December 3, 2024, a federal district court granted a nationwide preliminary injunction halting enforcement of the Corporate Transparency Act (CTA).

Illinois Adopts UCC Amendments, Including Controllable Electronic Records

The Illinois governor signed Senate Bill 3696 on August 9, 2024, to adopt the 2022 amendments to the Uniform Commercial Code (UCC), which includes UCC Article 12 on Controllable Electronic Records. This law will take effect on January 1, 2025.

Deadline Extended for Hurricane Victims

FinCEN has released special information regarding filing deadlines for reporting companies recently effected by inclement weather.