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AL SB110
Bill
Status
2/2/2021
Primary Sponsor
Garlan Gudger
Click for details
AI Summary
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Secretary of State may waive the $25 Certificate of Existence fee for business entities when a state of emergency declared in Alabama, another state, or by the federal government renders substantial compliance with business entity laws impossible or unreasonable.
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Amends Section 10A-1-4.31 of the Code of Alabama 1975 to add a new subsection (a)(2) authorizing the fee waiver during declared emergencies.
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Effective immediately upon passage and approval by the Governor or upon becoming law.
Legislative Description
Business entities, Sec. of State authorized to waive the Certificate of Existence fee for business entities under certain conditions, Sec. 10A-1-4.31 am'd.
Business and Commerce
Last Action
Indefinitely Postponed
5/4/2021