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Senator Young, District 18 — Press Release

FOR IMMEDIATE RELEASE

October 24, 2017

CONTACT: Brian McManus, 850-487-5018


Florida Senator Dana Young Files Legislation to Protect Businesses and their Corporate Filings

Tallahassee, Fla. —

In direct response to businesses that have been the victim of fraudulent filings, Florida Senator Dana Young (R-Tampa) today announced she has filed key legislation for the 2018 Legislative Session. SB610 directs the Department of State to establish an electronic system allowing businesses to verify the accuracy of their corporate filings.

Senator Young said, “Florida requires corporations to register with the state, and it is therefore our responsibility to protect the information they provide. The current system is inadequate and it exposes businesses to fraudulent filings offering little to no protection to the business owner.”

Currently, the Division of Corporations housed at the Department of State approves business filings on a ministerial basis, without verification that a person submitting a business filing has the authority to do so. Senator Young was compelled to file the bill after learning that a major multi-national corporation doing business in Florida was the victim of a fraudulent change in Registered Agent, thereby preventing their access, and ability to respond, to legal filings affecting their business.

To read the bills Senator Young has filed in full, please visit FLSenate.gov/Senators/S18.

 

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