HB 87: Corporations, partnerships, and associations; multiple-year registrations for certain types of business organizations; provideVoted on Tuesday February 28, 2017
John Pezold's thoughts
This legislation permits businesses to file registrations with the Secretary of State for up to 3 years at a time and cuts down on renewing annually.
ADDS the following
-14-2-121.1 applies to business corporations
-14-3-120.1 applies to nonprofits corporations
-14-4-180.1 applies to Secretary of State corporations
-14-5-11.1 applies to corporations (general)
-14-8-56.1 applies to partnerships
-14-9-206.9 applies to limited partnerships
-14-11-1103.1 applies to limited liability companies
The table below breaks down the total number of votes, and marks the majority vote.
|Did not vote||4||2.2%|