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State Legislative Updates

State Legislative Updates

Wyoming House Bill 236

Wyoming — House Bill 236, effective July 1, 2019, enacts the Statutory Foundation Act, creating statutory foundations as a new form of entity.

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State Legislative Updates

Montana House Bill 65

Montana — House Bill 65, effective July 1, 2019, amends the insurance law to provide that a foreign or alien insurer that transacts any business in Montana mu

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State Legislative Updates

Nevada Senate Bill 45

Nevada — Senate Bill 45, effective May 16, 2019, amends state business license requirements and LP, LLP, LLLP, business trust, professional entity and profess

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State Legislative Updates

Federal: Change in the Employer Identification Number (EIN) Application Process

Federal — The Internal Revenue Service (IRS) has announced a change in the Employer Identification Number (EIN) application process. Effective May 13, 2019, a

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State Legislative Updates

Virginia Senate Bill 1272

Virginia — Senate Bill 1272, effective July 1, 2019 amends provisions regarding the quorum required for a meeting of the board of directors of a bank.

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