MN SF4177

Secretary of State gains authority to terminate business entities and change their filing status to inactive when filing payments are rejected or dishonored, and may impose restrictions on future payment methods

Unemployment insurance lien notices must be filed by mail or personal delivery only, removing the electronic transmission option; county recorders and the Secretary of State must enter lien information into their respective databases rather than a central database

Farm products central notification system modernized to use "central notification system identification number" instead of Social Security numbers, require electronic-only list distribution (eliminating paper options), and set annual subscription fee at $25

Inquiries about effective financing statements or lien notices may be submitted on the Secretary of State's website at any time, replacing the previous requirement for submissions during regular business hours

Several provisions take effect only upon USDA certification that the 2025 Minnesota central notification system proposal has been approved; repeals the statute governing failure to pay direct access charges for database subscriptions