Document Type

Peach Sheet


The Act provides that certain electronic media should be acceptable methods of processing procedural business documents. These electronic media include any means of processing communication that do not directly involve the physical transfer of paper documents from one entity to another. The Act enables the electronic filing of shareholder proxies and other documents with the Secretary of State. The Act encompasses business corporations, nonprofit corporations, limited partnerships, and limited liability corporations. In addition, the Act allows a parent corporation to merge into a subsidiary and updates several definitions, including what constitutes a beneficial owner and a foreign corporation.

Included in

Law Commons