New Nevada Corporate Laws -- If You Own A Nevada Corp.

If you have incorporated in Nevada or are thinking about it, you must be aware of the new Nevada Corporate Laws and how they will affect you. There are some important changes which go into effect July 1, 2007. In particular, they affect:

Bearer shares -- which have now been made illegal.

New disclosure rules for the ownership of Nevada corporations.

New rules regarding charging orders for Nevada corporations.

Most of the changes are positive, and I strongly recommend you read the article posted by the Sutton Law Center that explains them in more detail.