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Holiday Closings for August and September 2016
Updated July 18, 2016

To assist you in planning closing dates and avoiding unpleasant surprises, National Corporate Research (NCR) has compiled a list of U.S. state holiday closings for August and September. To download the list in PDF format, click here. To view remaining July holidays, click here.

 

For clients who work on international transactions, we have also compiled a list of corporate registry holiday closures in select countries. To access our international list of holiday closings for August and September, click here. To view remaining July holidaysclick here. 

 

Please note that some jurisdictions declare holidays at the last minute. So if a particular filing date is important to you, contact your NCR service specialist and we will double check at that time to ensure the filing office will be open on the date you are interested in. Also note that as we become aware of any changes to the holiday closing lists, we will post updated versions of the lists to this page of our website.

 

If you have any questions, feel free to contact your NCR service specialist.

 

Subscribe to our updates to receive e-mail alerts of holiday closings every two months.

 



Mississippi Changes Charitable Registration Due Dates
Updated June 30, 2016

The Mississippi Regulation of Charitable Solicitations Act was recently amended to revise charitable renewal registration due dates and allow for extensions of the due date for filing annual renewal of such registration. Effective this Friday, July 1, 2016, the charitable registration renewal due date for registered charities soliciting in Mississippi will be 4.5 months after an organization’s fiscal year end. The change was made to bring Mississippi in line with most states that match their state charitable registration renewal due date to when the IRS Form 990 must be filed with the Internal Revenue Service. Furthermore, like most states, Mississippi will now allow for a three-month extension of the due date. The Mississippi extension request must be filed online by or before the due date and is automatically granted. An additional three-month extension can also be requested, but a review and approval of the extension request is required. Note that the change in the due date might require the filing of two renewals in the same year for some organizations
 

See Mississippi’s press release for additional details.



Expect Delays for Legalizations at Embassies of Islamic Countries
Updated June 30, 2016

In the event that you need documents legalized for an Islamic country, please note that unitl July 5th, and in some cases beyond, service at the embassies of most of the Islamic world will be affected by the observance of Ramadan. Some embassies will be sporadically closed, some will have reduced hours and the turnaround time to process documents may double or triple depending on the country.
 

National Corporate Research has confirmed specific dates for closure for the following embassies, and some will also have reduced hours

  • Afghanistan – closed July 10th
  • Bangladesh --  closed July 6th through the 8th
  • Egypt – Closed  July 7th and the 8th
  • Indonesia – Closed July  4th through the 9th
  • Interest Sections of Iran- Closed July 6th
  • Kuwait- closed July 4th through 8th
  • Pakistan – Closed July 7th and the 8th
  • Qatar- Closed July 4th through 7th
  • Saudi Arabian Consulate – Closed July 4th through the 8th
  • UAE- Closed July 4th through July 8th


Other embassies that are likely to have reduced hours  and/or closures during the Ramadan holiday include:

  • Algeria
  • Bahrain
  • Iraq
  • Lebanon
  • Libya
  • Malaysia
  • Morocco
  • Oman
  • Yemen

Most of these embassies will start to operate under normal conditions on Monday, July 11th.


If you have any questions, or if you need to know if a specific embassy or consulate will be open on a particular date, feel free to contact your NCR service specialist.



America’s Charities and National Corporate Research Partner to Offer Discounted Charitable Solicitation Registration/Renewal and Related Services
Updated May 5, 2016

Washington, D.C. – May 5, 2016 – America’s Charities, the leader in workplace fundraising for nonprofits, today announced a new partnership with National Corporate Research, Ltd. (NCR) to provide America’s Charities’ nonprofit members a discount on NCR’s charitable solicitation registration and renewal services, sales tax exemption services, statutory representation and state corporate compliance services. The partnership is the latest in the benefits and discounted resources available to America’s Charities members.
 

“America’s Charities’ new partnership with National Corporate Research fills a critical need for the nonprofits we serve,” said Jim Starr, COO and Chief Business Development Officer of America’s Charities. “Our members spend precious time and resources on their charitable registration compliance every year. Our alliance with NCR, the leader in their field, helps to streamline those services at a discount. This is just another opportunity we provide our members to decrease costs while increasing effectiveness.”

 

To read the rest of the press release, click here.



Ontario Personal Property Security Act Changes Where to File and Search
Updated January 12, 2016

The new revisions to Ontario’s Personal Property Security Act (which is similar to the U.S. Uniform Commercial Code) change where registrations of secured transactions are made, depending on the collateral being secured.  When conducting searches in Canada, both the old rules and the new rules should be considered until 12/31/2020, which marks the end of the transition period.

 

Here is a chart that outlines the changes:

 

Collateral

Where a Registration is made  After 12/31/2015 (New)

Where a Registration was made Before 12/31/2015 (Old)

Intangible Property

Jurisdiction of Formation

Location of Head Office of Company

Mobile Property (such as transport vehicles)

Jurisdiction of Formation

Location of Head Office of Company

Instruments (checks, leases) where Secured Party does not have physical possession

Jurisdiction of Formation

Location of Head Office of Company

Tangible Goods

Location of the Property

Location of the Property

 

Example:
Company was formed in Delaware and has a head office location in Toronto, Ontario.  Under the old Ontario law, a registration against intangible property would be made in Ontario and, to comply with Article 9 of the U.S. UCC, a filing in Delaware would likely be made. Under the new Ontario law, only a filing in Delaware would be needed. 

 

Transition Rules:

  1. A security interest perfected under the old rules will continue to be perfected until 12/31/2020.
  2. A security interest perfected under the old rules will be deemed continuously perfected if it is registered under the new rules before 12/31/2020.

 

Note that this only affects Ontario. All other provinces, except Quebec, still require PPSAs to be filed in the location of the head office of the company for intangible property and the location of the property for tangible goods. In situations where the laws of two provinces conflict (for example a company formed in Ontario that has its head office in British Columbia), the recommendation is to file in both jurisdictions.



Delaware No Longer Accepting Paper UCC Filings
Updated December 14, 2015

Effective December 1, 2015, the Delaware Division of Corporations no longer accepts paper UCC filings submitted directly to the state via mail, courier or fax.  Rather, the Division requires all UCC filings be submitted by an Authorized Filer or electronically via Delaware’s e-UCC web application. 
 

Following is a summary of the three methods of submission permitted by the Division:

  1. Authorized Filers with direct access to the Delaware Corporation Information System (DCIS), such as National Corporate Research, Ltd (NCR), can perform the data entry and upload the paper filings into DCIS. The Division of Corporations’ staff will review and verify the document and data entry for statutory compliance before approving the filing.
     
  2. Filings can be submitted via XML electronic filing utilizing online applications such as NCR’s UCC ProFile, which allows our clients to create, manage and track their financing statements 24/7. (Nothing changed for clients who had been choosing the electronic filing method for Delaware filings in UCC ProFile.)
     
  3. Filings can be submitted via the Division’s e-UCC web application.

 

Additional Delaware statutory fees are applied to UCC filings with multiple pages and/or filings with more than two debtors. Delaware’s various expedited levels of service and expedite fees remain the same.

 

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