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MS SB2510
Bill
AI Summary
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Amends Section 79-29-1072 to add grounds for administrative revocation of foreign limited liability company registrations in Mississippi.
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Adds delinquency in tax or other payments owed to the State of Mississippi as reported by the Department of Revenue as a new ground for revocation.
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Renumbers existing provisions, with misrepresentation in applications or reports becoming ground (g) instead of (f).
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Requires the Secretary of State to provide at least 60 days' notice before effective date of administrative revocation, addressed to the company's registered agent or the company itself.
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Allows foreign limited liability companies to cure failures before the revocation effective date to maintain authority to transact business in Mississippi.
Legislative Description
Foreign limited liability companies; revise administrative revocation.
Last Action
Approved by Governor
6/23/2020