Alert from the North Carolina Secretary of State
We are passing along a message from the business law section of the North Carolina Bar Association. It looks like there is a company with a misleading mass mailing to North Carolina corporations. Please be on the lookout for these. The message is: Secretary of State Elaine Marshall called to alert our members to a mailing that is being directed to North Carolina corporations and may appear to be an official mailing. Secretary Marshall confirms that it is not. She reports that the mailing quotes North Carolina statutes with respect to the requirement to maintain minutes and threatened dissolution of the corporation for failure to comply with statutory requirements. The mailing reportedly encourages recipients to send $125 to Corporate Services, Inc., which would provide appropriate minutes to avoid dissolution. The Attorney General and the Secretary of State have secured a temporary restraining order against Corporate Services, Inc. to halt this mailing. Secretary Marshall requests that if our clients receive such a mailing that we fax a copy of it to her office at (919) 807-2010.
About the Writer
Desmond G. Sheridan is a partner in the Greensboro law firm of Isaacson Isaacson Sheridan & Fountain, LLP and is a certified public accountant. His practice areas are business transactions, tax, corporations, limited liability companies, commercial real estate and estate planning. Sheridan has served on the Board of Directors of the North Carolina Association of Certified Public Accountants and has been recognized as a North Carolina "Super Lawyer" and a member of the "Legal Elite" by Business North Carolina. He has given numerous continuing education presentations to CPAs and attorneys. |