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Corporations and limited liability companies must comply with various
requirements of the statutes under which they are formed.
Corporations are required to:
- Hold annual shareholders' meetings
- File annual reports with the
Secretary of State
- File Articles of Incorporation,
along with any amendments to the Articles
- Prepare and update By-laws
- Keep minutes of shareholder and
board meetings
- Maintain current and accurate
shareholder records
- Maintain data on directors and
officers
- Keep archives of Articles of
Incorporation, By-laws, and other basic records
- Maintain like records for each
subsidiary and affiliate
There can be penalties for failure to comply
with these requirements, which can range from fines to administrative
dissolution. We can manage
your subsidiaries for you.
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