§ 322C.0208 — Annual Report for Secretary of State
Plain-Language Summary
This section governs the annual renewal that Minnesota limited liability companies and foreign limited liability companies must file with the Secretary of State. The Secretary of State may send each company an annual notice that the renewal can be filed online or on paper and that failing to file can lead to administrative termination of a domestic LLC or revocation of a foreign LLC's authority to do business in Minnesota. Beginning the calendar year after the company files its articles of organization, the company must file the renewal by December 31 each year, and no fee is required.
322C.0208 ANNUAL REPORT FOR SECRETARY OF STATE.
(a) The secretary of state may send annually to each limited liability company, using the information provided by the limited liability company and foreign limited liability company pursuant to section 5.002 or 5.34 or the articles of organization, a notice announcing the need to file the annual renewal and informing the limited liability company that the annual renewal may be filed online and that paper filings may also be made, and informing the limited liability company that failing to file the annual renewal will result in an administrative termination of the limited liability company or the revocation of the authority of the limited liability company and foreign limited liability company to do business in Minnesota.
(b) Each calendar year beginning in the calendar year following the calendar year in which a limited liability company and foreign limited liability company files articles of organization, a limited liability company and foreign limited liability company must file with the secretary of state by December 31 of each calendar year a renewal containing the items required by section 5.34. Notwithstanding section 322C.0205, subdivision 1, no fee is required to file an annual renewal.
History:
2014 c 157 art 1 s 25; 2016 c 135 art 4 s 18
History: History: 2014 c 157 art 1 s 25; 2016 c 135 art 4 s 18