3 Types of Dissolution Dissolution of a corporation refers to the official closing of a corporate entity, which can be a complex process. Below is a brief introduction of the types of dissolution with the state. There are 3 main ways a company can be dissolved – administratively, voluntarily, and judicially. I will not detail …
Commercial Tenants, Take Advantage of the Recession! Overview The writing is on the wall! According to expert reports, the United States economy is headed for recession. While no one likes the term recession and may think that only liabilities and heartache lie at the end of the recession road, there are actually many opportunities …
Commercial Tenants, Take Advantage of the Recession! Read More »
Overview Once a business determines it is “doing business” in another state and would be required to register with that states regulatory authority, the next step is to actually register. If you need help determining if your business needs to register to transact business in another state, Apex’s blog on conducting business in another state …
Multi-State Business Registration: Registering as Foreign Entity Read More »
Domestic v. Foreign A company, whether doing business as a corporation, LLC, partnership, or other statutory business entity, is a “domestic” company in the state in which it was founded, and is considered a “foreign” company in all other states. “Domestic” and “Foreign” are common terms throughout the United States. For example, an LLC formed …
Multi-State Business Registration: What is Doing Business? Read More »
Overview With the advent of the new year, the Washington Nonprofit Corporations Act (RCW 24.03A) is now in full force and effect. While much discussion has already been devoted to specific governance changes to member and non-member organizations, we have yet to address how charitable assets will be managed under the new act. In this …
New Washington Nonprofit Corporations Act and Charitable Assets Read More »
Overview Have you or your entity recently faced a rejection from the Washington Secretary of State (“SOS”) regarding the use of a private mailbox address (“PMB”) for a principal office street address? You are not alone! The SOS has recently become stricter on the use of PMBs for an entity’s principal office street address. While …
Washington Secretary of State, Physical Addresses, and Private Mailbox Address (PMB) Read More »
Overview Each year in Washington, nonprofits formed in Washington or registered to do business in Washington must file an annual report with the Secretary of State. The annual report is usually due around the nonprofit’s formation or registration date. The filing requires basic information such as the physical and mailing address of the entity, the …
2022 Annual Report Requirements for Nonprofits under RCW 24A.03 Read More »
Overview Apex has blogged about the underutilized Washington Office of Minority and Women’s Business Enterprises (“OMWBE”) certification. The Secretary of State created the OMWBE Office in 2000. The OMWBE assists minority/women owned businesses to apply for enterprise certifications for the purpose of obtaining contracts with local governments. The OWMBE Office grants federal and state certifications …
Overview We will discuss the final policies in this series in a single blog post. These policies concern specific situations in which a nonprofit organization may find itself depending on the nature of its structure and operations. These policies are the joint venture policy and the parent-subordinate consistency policy. While these policies are important to …
The Joint Venture Policy and The Parent-Subordinate Consistency Policy Read More »
Overview In many ways, a nonprofit organization is just like a for profit organization. Nonprofit organizations hire executives, purchase property, engage in business, and, most importantly for this blog post, require significant amounts of traveling for staff and volunteers to perform the needed operations of the organization. When a considerable amount of traveling is done, …