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Parasec Alert

January 2010 - March 2010

CA SOS Issues Customer Warning

The California Secretary of State (CA SOS) has issued another alert regarding bogus letters that are being mailed to California corporations and LLCs.

Changes to California Insurance Code

The California Department of Insurance (CDI) recently released a notice regarding several modifications to the California Insurance Code.

Changes to Limited Partnerships

Effective January 1, 2010 all limited partnerships (LPs) operating in California will be subject to the Uniform Limited Partnership Act of 2008. Many of the changes have been impacting various LPs since 2008, however, for some LPs the changes are new. The primary changes will affect LP naming requirements, name reservations and filing requirements for CA-based and foreign LPs.

Expedited Filings for Statement of Information

Due to changes at the California Secretary of State (CA SOS), Statement of Information (SOI) filings are currently taking about a month to process and we don’t foresee this changing anytime soon.

Illinois and Ohio Secretary of State Offices Issue Alerts

Add Illinois and Ohio to the growing list of states that have reported misleading mailings targeted at entities. The Secretary of State in both states have issued warnings regarding bogus letters that are being mailed from a non-governmental firm calling itself Illinois Corporate Compliance, Ohio Corporate Compliance or Annual Corporate Compliance.

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