By: Professor Phil Broadhead
On February 12, the Transactional Clinic, led by Clinical Profs. Marie Cope and Cameron Abel, participated in the Business Law Network’s Winter Conference & CLE at the Fairview Inn in Jackson, which featured Mississippi State Treasurer Lynn Fitch as the keynote speaker. The advanced students in the Clinic, Elizabeth Robinson and Jessica Rice, at the direction of the Mississippi Secretary of State’s office prepared and conducted a presentation on Limited Liability Company (LLC) formation and the Revised Mississippi LLC Act of 2013. Prof. Marie Cope also gave the attendees a brief overview of the Transactional Clinic, and two other TC students, Marie Wicks & Sampada Kapoor, also made a presentation at to the conference.
The student-lead presentations discussed the main steps of formation and the requirements of compliance enforced by the Secretary of State’s office. The students pointed out the new online services on the Secretary’s website and gave a step-by-step explanation on how business owners can create usernames, passwords, and file Certificates of Formation & Annual Reports. They also highlighted how these filings can now be completed online, and concluded the presentations with a discussion with the group of the differences between the superseded LLC Act and the Revised LLC Act.