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MN HF2989

Bill

Status

Passed

5/21/2014

Primary Sponsor

Chris Swedzinski

Click for details

Origin

House of Representatives

88th Legislature 2013-2014

AI Summary

  • Eliminates requirement to file certificate of liquidation with the Secretary of State's office; financial institutions need only record with the county recorder to complete voluntary liquidation.

  • Allows limited partnerships to reinstate after administrative dissolution by filing the annual renewal with a $25 fee, appointing a new registered agent, or both depending on the reason for dissolution.

  • Changes limited partnership conversion to partnership procedure from canceling the certificate to filing a statement of termination that includes a description of the conversion.

  • Modifies farm product dealer registration from annual calendar year basis to a 12-month rolling period, with registration starting online and lists distributed starting the month following registration.

  • Updates farm product list distribution to include county-based sorting option and allows electronic delivery of lists; adds presumption of receipt for electronically posted notices five business days after posting with email notification.

Legislative Description

Secretary of state filings, recordings, and registrations regulated.

Last Action

Secretary of State Chapter 283

5/21/2014

Committee Referrals

Rules and Administration5/13/2014
Civil Law3/12/2014

Full Bill Text

No bill text available