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MN HF3775

Bill

Status

Passed

6/2/2022

Primary Sponsor

Jim Davnie

Click for details

Origin

House of Representatives

92nd Legislature 2021-2022

AI Summary

  • Franchise registration becomes effective for 12 months from the date the commissioner's order is issued, replacing the previous 120-day filing requirement after fiscal year end
  • Registrants must file a report in the form prescribed by commissioner rule before the end of the 12-month registration effective period
  • Annual report filing fee remains $200
  • Changes are effective January 1, 2023, and apply only to initial registrations filed on or after that date

Legislative Description

Franchise registration filing modified.

Last Action

Secretary of State Chapter 91

6/2/2022

Committee Referrals

Rules and Administration5/20/2022
Commerce Finance & Policy2/24/2022

Full Bill Text

No bill text available