(at the request of Secretary of State Shemia Fagan)
Chief Sponsors:
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Remove
Regular Sponsors:
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Bill Title:
Relating to corporations; and prescribing an effective date.
Catchline/Summary:
Provides that corporation sole may not be reinstated in this state on or after June 8, 2015, but that corporation sole that exists before June 8, 2015, may continue to operate if corporation sole remains active and was not dissolved.Requires Secretary of State to study and evaluate importance of corporations in Secretary of State's business registry functions and revenue. Directs Secretary of State to submit findings, which may include recommendations for legislation, to interim committee of Legislative Assembly related to business not later than September 15, 2024.]
Provides that corporation sole may not be reinstated in this state on or after June 8, 2015, but that corporation sole that exists before June 8, 2015, may continue to operate if corporation sole remains active and was not dissolved.
Takes effect on 91st day following adjournment sine die.
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