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There are four main types of business structures: sole proprietorship, partnership, limited liability company, and corporation. Learn about the latest developments and updates pertaining to these business formation types in our Resource Center.
Frechter v. Zier, C.A. No. 12038 (Del. Ch. 1/29/17). The Delaware Chancery Court ruled that a board of directors could not amend the bylaws to provide that directors could only be removed by a two-thirds stockholder vote.
Pennsylvania House Bill 1398 amends the Corporations and Unincorporated Associations Code.
New York Assembly Bill 10365 amends the Not-for-Profit Corporation Law.
New York Assembly Bill 8116 amends the Not-for-Profit Corporation Law.
Vermont — The Vermont Secretary of State's office will be closed on August 17, 2015, in observance of Bennington Battle Day.