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Section: 351.0122 Option of biennial filing of corporate registration reports. RSMO 351.122


Published: 2015

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Missouri Revised Statutes













Chapter 351

General and Business Corporations

←351.120

Section 351.122.1

351.125→

August 28, 2015

Option of biennial filing of corporate registration reports.

351.122. 1. Notwithstanding the provisions of section 351.120 to the

contrary, beginning January 1, 2010, the secretary of state may provide

corporations the option of biennially filing corporate registration reports.

Any corporation incorporated or qualified in an even-numbered year may file a

biennial corporate registration report only in an even-numbered calendar

year, and any corporation incorporated or qualified in an odd-numbered year

may file a biennial corporate registration report only in an odd-numbered

calendar year, subject to the following requirements:



(1) The fee paid at the time of biennial registration shall be eighty

dollars if the report is filed in a written format. The fee shall be thirty

dollars if the report is filed via an electronic format prescribed by the

secretary of state;



(2) A corporation's biennial corporate registration report shall be

filed in a format as prescribed by the secretary of state;



(3) The secretary of state may collect an additional fee of ten dollars

for each biennial corporate registration report filed under this section.

Such fee shall be deposited into the state treasury and credited to the

secretary of state's technology trust fund account.



2. Once a corporation chooses the option of biennial registration, such

registration shall be maintained for the full twenty-four-month period. Once

the twenty-four-month period has expired and another corporate registration

report is due, a corporation may choose to file an annual registration report

under section 351.120. However, upon making such choice the corporation may

later only choose to file a biennial corporate registration report in a year

appropriate under subsection 1 of this section, based on the year in which

the corporation was incorporated.



3. The secretary of state may promulgate rules for the effective

administration of this section. Any rule or portion of a rule, as that term

is defined in section 536.010, that is created under the authority delegated

in this section shall become effective only if it complies with and is subject

to all of the provisions of chapter 536 and, if applicable, section 536.028.

This section and chapter 536 are nonseverable and if any of the powers vested

with the general assembly pursuant to chapter 536 to review, to delay the

effective date, or to disapprove and annul a rule are subsequently held

unconstitutional, then the grant of rulemaking authority and any rule

proposed or adopted after August 28, 2009, shall be invalid and void.



(L. 2009 H.B. 481)







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