Chapter 27, Statutes of 2017 (SB 94 Committee on Budget and Fiscal Review) (Effective June 27, 2017)
Commencing January 1, 2018, permits commercial cannabis products and services to be registered with the Secretary of State, provided that: (1) the mark is lawfully in use in commerce within California; and (2) matches the classification of goods and services adopted by the United States Patent and Trademark Office. Note: Not all cannabis-related products can be registered in California due to the need to meet federal classifications.
- Alaska House Bill 410 was signed by the governor August 17, 2018, with an effective date of August 18, 2018. The bill allows a corporation that is organized as a Native village corporation under the Act, that has been involuntarily dissolved by the commissioner under AS 10.06.633, and that has failed to apply for reinstatement during the period established under AS 10.06.633(e) may be reinstated under AS 10.06.633(e) on or before December 31, 2020. To view the entire bill: AK HB410
- Delaware Senate Bill 180 became effective August 1, 2018. The bill allows nonstock corporations to ratify defective acts and amends Section 262 relating to shareholder appraisal rights which require revisions to the Notice of Appraisal Rights Precedent forms. To view the entire bill: DE SB180
- Delaware Senate Bill 183 became effective August 1, 2018. The bill authorizes an LLC to divide into one or more newly formed domestic LLCs. Upon dividing, the LLC can either continue or terminate its existence. In addition, the bill authorizes the creation of statutory public benefit LLCs with the purpose of benefiting the public. To view the entire bill: DE SB183
- New Hampshire Senate Bill 413 was signed by the governor June 8, 2018, with an effective date of August 7, 2018. The bill allows LLCs to apply to the Secretary of State for late reinstatement if more than 3 years have expired since the effective date of dissolution. In addition, the bill provides standards to determine if entity names are distinguishable. To view the entire bill: NH SB413
- New Hampshire Senate Bill 425 was signed by the governor June 8, 2018, with an effective date of August 7, 2018. The bill modifies requirements for LLC mergers and eliminates fiduciary rights of former LLC members. To view entire bill: NH SB425
- Illinois Senate Bill 3398 was signed by the governor and became effective August 14, 2018. The bill amends the Limited Liability Company Act and the Professional Limited Liability Company Act to permit the conversion of a LLC to a professional LLC requiring no filing fee. The bill also requires a professional limited liability company’s name to contain “PLLC”. In addition, the bill provides for certificates of registration to expire on January 1, 2019 and on January 1 of every third year thereafter for professional LLCs, professional service corporations and medical corporations. To view the entire bill: IL SB3398