SB 197 (2023)

Makes various changes to business registrations, as requested by the Department of State. According to the official analysis, this bill first allows domestic nonprofit organizations, nonfiling entities, and nonqualified foreign entities to appoint an agent for service of process in this state. Second, this bill requires foreign business entities to affirm that they are "in good standing" in their home state. Third, this bill allows foreign and domestic benefit corporations to use the ending "PBC" in their name instead of corp., inc., or ltd. Fourth, this bill simplifies the process for limited partnerships to change their registered agent and registered office address, using the same form/procedure used by other types of business entities. Lastly, this bill changes the fee for the Secretary of State to certify a corporate document from $1 per page to $1 per document, and allows the Secretary of State to establish fees for bulk registered office address changes filed electronically.