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Utah

Utah no haven for anonymous shell companies, unlike Nevada, Wyoming, others

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  • John C. C. Payson, UT
    Feb. 11, 2013 8:15 a.m.

    This is a great story. It really helps to bring such things to light. Perhaps public pressure may encourage the lax states and nations to tighten up. Could some of these entities be motivated to keep their laws lax just to collect the fees involved or be influenced by lobbying pressure? I would be really interesting to hear if they have any legitimate justification for allowing anonymous incorporation.