Below is a summary of more July statutory updates in states, including Mississippi, Nevada North Carolina, Rhode Island, South Dakota, Virginia, Washington, West Virginia and Wyoming. Please e-mail me to request copies of any of these bills.

Mississippi – Senate Bill 2327, effective July 1, 2017, enacts newly revised requirements regarding signatures and other filing requirements; allows for a 120-day period for correcting certain filed documents; and provides various revisions concerning conversion and domestication filings.

– Senate Bill 2350, effective July 1, 2017, eliminates the 10-year term limit for voting trusts and revises the activities in which a corporation that has been administratively dissolved may carry on.

Nevada – Assembly Bill 13, effective July 1, 2017, officially changes the name of the “State Business Registration” to the “State Business License”.

North Carolina – House Bill 228, effective June 2, 2017, postpones implementation of North Carolina’s new assumed names statute by six months until December 1, 2017, and extends the automatic expiration date of certificates issued under the old statute until December 1, 2022.

Rhode Island – House Bill 5647 and Senate Bill 618, effective June 19, 2017, amend the nonprofit corporation law regarding the supporting document to be filed upon foreign qualification.

South Dakota – House Bill 1038, effective July 1, 2017, repeals the requirement for farm corporations to file a farm annual report with the Secretary of State.

Virginia – House Bill 2230, effective July 1, 2017, allows meetings of shareholders of stock corporations to be held remotely rather than at a specific place, and clarifies that a provision relating to the ability of 20 percent of shareholders of a stock corporation with 35 or fewer shareholders of record to call a meeting only applies to corporations that are not public.

– Senate Bill 1158, effective on July 1, 2017, requires that reciprocal insurance companies must be licensed and have a certificate of authority before conducting insurance business in Virginia.

Washington – Senate Bill 5011, effective July 23, 2017, amends the Business Corporation Act regarding validation of defective corporate acts, venue of internal corporate proceedings, disposition of assets, definitions, voting trusts, shareholder agreements, mergers and significant business transactions.

– Senate Bill 5040, effective July 23, 2017, amends (i) the Business Organizations Code regarding certificates of existence, initial annual reports and foreign entity withdrawal; (ii) the Business Corporation Act regarding annual license fee delinquency; and (iii) the partnership law regarding LLP annual reports.

West Virginia – Senate Bill 490, effective July 6, 2017, amends the business corporation law regarding officers´ standard of conduct.

– Senate Bill 547, effective July 7, 2017, amends certain Secretary of State fees.

– House Bill 2767, effective July 6, 2017, amends the Business Corporation Act regarding service of process.

- Senate Bill 602, effective July 6, 2017, amends the Regulation of Trade chapter by transferring administration of sole proprietorship, individual and general partnership trade names from the county level to the Secretary of State.

Wyoming – House Bill 22, effective July 1, 2017, provides revisions to the requirements for each business entity's designated communications contact, including specific exclusions of the entity's registered agent or employees of the registered agent as that designated communications contact unless that registered agent is an officer, director, member, manager, partner or trusty of the entity.

– Senate Bill 100, effective July 1, 2017, provides revisions to the definition of membership majority for LLCs and repeals the requirement that the distributions of assets upon winding up of the LLC be paid in money.

– House Bill 23, effective July 1, 2017, permits the Secretary of State to send certain notices via first class mail and/or electronic means, allows the Secretary of State to return rejected documents within 15 days instead of five days, and eliminates the publication of notice that a LLP's registration has lapsed.