Effective January 1, there will be a few important changes in California.
Name Reservations – Business names for Limited Liability Companies in California must now be reserved by mailing a request or by submitting a paper form over the counter, as opposed to reserving over the phone. Name availability can still be checked, but the accuracy is not guaranteed because of the processing time for name reservations. This does not apply to Corporations.
New LLC Forms – Starting in January, there will be new forms to form Limited Liability Companies. The state has not released the forms yet, and the old forms cannot be used after December 31st, even with a future effective filing date. For any LLC formed in 2014, the new form must be used and drafting your own form is not an option. Please note that a January 1st filing date will not be possible this year because the state will be closed on New Year’s Day.
Please remember that future file and future effective dates must be included within the document. Please contact our Client Services Department for more information.