By Howard Fischer | Capitol Media Services/Prescott Courier
Saying it will promote economic development, a House committee voted 7-2 Thursday to eliminate the requirement for many new businesses to publish legal notices.
House Bill 2447 requires the Arizona Corporation Commission to set up a special website where new firms can “publish” their articles of incorporation and similar documents. More to the point, doing that would override the current law, which says these notices must be published three times in a commercial newspaper in the county where the company does business.
At this point, the legislation would affect only companies setting up shop in the two largest counties.
