New Hampshire has become the latest state to enact a benefit corporations statute. In July 2014, Governor Maggie Hassan signed into law the New Hampshire Benefit Corporation Act, NH RSA 293-C.
The Delaware General Assembly recently passed several bills which could have a substantial impact on financing transactions involving Delaware entities. Some of the noteworthy bills are amendments to the
Stephen Landsburg has an economic and legal analysis of the pros and cons of homeownership versus rent.
Of particular interest is this point:
The Alabama Legislature has passed the Alabama Limited Liability Company Law of 2014, a substantially revised and restated version of their prior LLC law.
Corporate and business entity taxation is a complex area, fraught with nuance. As most businesspeople are aware, however (and speaking by way of broad overgeneralization), business entities are generally taxed either as corporate or as pass-through entities.
Jonathan Adler blogs on the Volokh Conspiracy about these two issues.
At Truth on the Market, Dan Crane has thoughts on the recent moves in New Jersey to restrict direct sales of automobiles to consumers.
California has adopted a substantially revised Limited Liability Company Act, which goes into effect January 1, 2014.