Friday, July 01, 2005

The Efficiencies of the Web

Effective today, in Maryland, all filers of business entity charter documents must indicate at the time of filing if they are "opting out" of having their original filed documents returned to them. If the filer fails to opt out or wants the original documents returned, there is an additional $5.00 fee. If the fee is not paid, the assumption will be that the filer did not want the original documents returned.

This is but one further example of the cost savings available through the use of the Internet. Because images of all filed documents are available at no charge for viewing and printing within 48 hours of their processing (which takes several days after the filing) by going to SDAT's website, there is really no reason to have the original documents returned. Making the process electronic saves significant costs such as postage and handling.

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