A Monthly Summary of
Corporate Compliance Issues
March 2004

Your Portal to all of CSC's Products and Services
 

For Corporate/Institutional Trust Transactions visit The Capital Trust Company of Delaware website.
New Business Solutions From
Corporation Service Company
® (CSC)

ELECTRONICALLY PAY YOUR 2003 DELAWARE
LP OR LLC TAXES – DUE JUNE 1, 2004*


On-Line and On Time with Delaware E-Filing Service from CSCSM

Paying your Delaware LP or LLC taxes has never been easier with E-Filing service from Corporation Service Company® (CSC). Whether you manage a few Delaware entities or a few hundred, you can file a portfolio of companies in minutes without the hassle of paperwork or checks.

E-Filing Bonus:

  • Access all of your Delaware companies and their status, instantly
  • Four easy payment options - ACH transfer, credit card, check, or wire transfer
  • Get instant e-mail confirmation that your payments have been received
  • Offers capability to generate reports and allocate fees to cost centers

Go to www.incspot.com/efiling and follow the easy instructions to pay your LP or LLC taxes. First-time e-filers may visit www.incspot.com/efiledemo to view an on-line demonstration of CSC’s E-Filing service. With Delaware E-Filing from CSC, you’ll experience true tax payment convenience.

Questions? Call our Tax Hotline at 1-888-690-2468.

Delaware E-Filing is part of RecordsCenterSM, CSC’s entity management, compliance, and governance system. For more information about other RecordsCenter services visit www.incspot.com/rcdemo, contact your account manager, call 1-877-932-6263, or email us at recordscenter@cscinfo.com.

*Tax payments must be received by the State of Delaware on or before June 1, 2004.

Call CSCSM Next Time You Need Representation Under a Private Agreement
In addition to providing statutory representation, CSC offers representation services for parties under private agreements (special agent agreement). These include, for example, leases, lending agreements, and other types of agreements (usually) where one or more parties lend money or extend credit to one or more other parties. Although state statutes do not require that parties to private agreements engage agents to accept service of process on their behalf, representation under private agreement offers the parties a contact process in the event of a default or some other breach of the agreement. Often, an overseas entity (with no presence in the U.S.) requires an agent for this purpose.

CSC has a long history of representing both individuals and business entities under these private agreements. We’ve streamlined the whole process to make it easy for you. Choose either pre-paid representation for a specific term in excess of one year or annual payment representation for the life of the agreement. Once the proper information is documented, we’ll arrange your company’s representation and follow up with a confirmation letter.

Next time you need an agent agreement, contact your Account Manager, Customer Service Representative, or email us at info@cscinfo.com.

Independent Third-Party Escrow Services Now Available from The Capital Trust
Company of Delaware

The Capital Trust Company of Delaware is now offering third-party escrow services. Generic escrow contracts and supporting material are available on-line at www.ctcescrow.com. For more information call Capital Trust at 800-258-6334.

PUBLICATIONS

The 2004 Edition of The Directors’ Handbook is Now Available
Author Thomas J. Dougherty has updated this well-respected guide to include critical commentary and best practices application on subjects such as:

  • Delaware’s statutory business judgment rule protections of director decision-making
  • New form of shareholder rights plan
  • November 2003 SEC changes to NYSE and NASDAQ listing standards
  • Latest Sarbanes-Oxley § 404 mandated annual management internal controls report and auditor attestation
  • New SEC proxy rules

The Directors’ Handbook by Thomas J. Dogherty is essential reading for directors and officers as well as executive staff, attorneys, board advisors, audit committee members, and other personnel responsible for corporate ethics, policy and leadership. The price is $39.95.

2003 Edition of The Directors’ Handbook Gets High Praise in Directors & Boards Magazine Review

“. . . no conscientious board should be without a comprehensive primer. The Directors’ Handbook fits that need well” – excerpted from a review of The Directors’ Handbook in the Fall 2003 issue of Directors & Boards Magazine. Click here to read the entire review.


New York Laws Affecting Corporations, 84th Edition is Now Available
This new edition includes Business Corporation Law; Not-for Profit Corporation Law; Cooperative Corporations Law; Limited Liability Company Law; Partnership Law Provisions; Tax Law; Civil Practice Law and Rules; General Business Law; Blue Sky Laws; Penal Law; Election Law; Judiciary Law; Labor Law; Real Property Law; Abandoned Property Law; Executive Law; and Schedule of Filing Fees. It is softbound, approximately 300 pages, and sells for $49.95.

Planning your 2004 resource allocations?
Ask for our new 2004 Library Catalog. Call 800-927-9801 ext. 3228 or visit www.incspot.com/publications to inquire about any of our state statute publications and to place an order. Credit cards now accepted when you take advantage of our convenient online ordering option. Quantity discounts available.