Fraud statutes exist so those who have been defauded have legal recourse. If a hacker empties an individual's personal account, the bank usually must cover most, if not all, of the losses sustained. But the fraud protections implemented to protect the consumer have left businesses completely on their own. Unlike personal deposits which are regulated, commercial deposits have very little legal protection. Regulation E of the Federal Electronic Funds Transfer Act [...]

As a result of the state budget crisis and resulting 25% budget cuts which resulted in the closing of many the regional offices, the California Secretary of State business entity filing times have dramatically increased since 2009. While this office for over 10 years has been able to file and/or retrieve a document within 3 days without the payment of any additional fees to the Secretary of State, today hand delivered documents and requests presented to Sacramento have average delays of 6-8 weeks absent the remittance of the $350/$750 expedited filing fee. [...]