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Sponsor and Secretary of State back bill to speed removal of fraudulent business registrations
Summary
Representative Luz Bey, speaking for HB 406, said fraudulent filings that mimic local restaurants led to bank accounts and credit cards being opened; the Secretary of State's office described administrative steps it already uses and supported statutory changes to allow faster removal of fraudulent filings.
Representative Luz Bey told the Senate Commerce Committee that House Bill 406 responds to a string of fraudulent business filings that used names and addresses similar to established local restaurants. Bey described two incidents in which newly created entities used an existing restaurant's address; in one case, the restaurant owner later received credit card mailings addressed to the fraudulent entity.
Bey said she worked with the Secretary of State's corporations director to document the events. Under current practice, the office sends a registered letter to the listed address; if returned as undeliverable, the office can mark the entity not…
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