Archive for December, 2010

“Red Flags” Rules Clarified

Posted on: December 13th, 2010 by admin No Comments

The United States Senate and the House of Representatives have voted to exempt lawyers and other service providers from the so-called Red Flags Rule. The law, applicable to “creditors” who provide services before being paid, would have required onerous record-keeping requirements in order to curtail identity theft. Initially, the FTC opined that attorneys, physicians, accountants, (more…)

New Law Regarding Traffic Citations

Posted on: December 3rd, 2010 by admin No Comments

Beginning on January 1, 2011, if a person receives a payable traffic citation, he or she can on longer simply wait to receive a trial date from the court. Since about one-half of the people that received trial dates either did not appear or paid the fine before trial, the legislature has changed the law to prevent police officers from needlessly appearing in court. (more…)

Don’t Forget About Your Resident Agent

Posted on: December 1st, 2010 by admin No Comments

Every Maryland corporation or other legal entity must have a person or office designated to receive official state correspondence and notice if the corporation is named as defendant in a legal proceeding. This person or office is called the “Resident Agent.” (more…)