Dear Friends–
The Legislature enacted, and the Governor signed, significant business reform legislation in 2009. The Secretary of State’s office again formed business reform study groups which have made recommendations for significant business reforms in 2010. The proposed legislation includes:
• Limited Liability Company Reform
• Uniform Commercial Code Revisions
• Registered Agents Act
• Fictitious Business Name Registration Act
• Uniform Prudent Management of Institutional Funds Act (UPMIFA)
• Principal and Income Act of 2010
• Qualified Disposition Act
• Trust Code of 2010
We encourage you to click on the link below and review the business reform legislative proposals supported by the Secretary of State’s office and pending in the Legislature for 2010.
http://www.sos.state.ms.us/Policy_Research/ProposedLeg.asp
Or, you can click on the “Proposed Legislation” tab under the Policy and Research section of the Secretary of State’s website at www.sos.ms.gov.
Should you have any questions or comments, please contact Cheryn Baker, Assistant Secretary of State of Policy and Research at (601) 359-1401 or at Cheryn.Baker@sos.ms.gov. We appreciate your continued input and support and look forward to working with you in the future. Thanks, Delbert.