Wednesday, July 24, 2013

Changes to Business Registration Law

You may be interested in this newsletter from the Secretary of State's office regarding changes to the MN Business Registration Law. We hope it is helpful.

may be reinstated by filing the annual renewal with the reinstatement fee, effective August 1, 2013. This office will no longer mail the required paperwork to assumed name-holders at the end of the 10-year period.  
 
Heads Up! News Laws Governing Business Filings Effective August 1

Laws 2013, Chapter 110 passed the Legislature without opposition, was signed into law by Governor Dayton and is effective August 1, 2013. View the entire text of the bill. This bill provides many technical improvements in the laws governing business filings in Minnesota. The new law:

        protects emails provided by customers as an official email for notice purposes except when a copy of a document is requested by the specific name of the entity or specific lien debtor;
        makes it optional for the articles of a cooperative to have a registered agent;
        provides that the secretary of state may send certain notices to limited partnerships by email;
        provides that the duration of limited partnerships in Minnesota is governed by the documents filed by the limited partnership;
        allows foreign limited liability partnerships to state a desired alternate name in their application;
        allows assumed names whose previous term expires during the 10-year transition period that started on September 5, 2011, to reinstate to perpetual duration by simply filing the annual renewal with applicable fi ling fee;
        allows the notice required to be sent to holders of expiring state trademarks to now be sent by any means including email, not only by U.S. Mail;
        makes public the taxpayer information number sometimes provided by private parties in UCC secured financing statements and CNS farm liens public. It was public prior to 2010 and is easily obtainable from the IRS.
 

Want to Market to Other Businesses? We Can Help with Customized Business Lists

Customized lists of Minnesota businesses can be ordered by business type, geographic area and ZIP Code. For more information, visit the Secretary of State website, or contact our Business Information line at (651) 296-2803 or 1-877-551-6767.
Office of the Minnesota Secretary of State | Business Services | 60 Empire Dr., Suite 100 | St. Paul, MN 55103  Phone Service (9 a.m. to 4 p.m.): Greater MN 1-877-551-6767 | Metro Area:  651-296-2803| Minnesota Relay Service: 711
Email: business.services@state.mn.us | Website: www.sos.state.mn.us
Walk-in Hours: 8 a.m. to 4 p.m. | Free Parking is Available | Directions

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