Bill > S224

This bill makes several changes to the laws governing business entities in Massachusetts: It amends the General Laws to remove the requirement for partnerships to include their federal employer identification numbers when filing reports. It also allows the Secretary of State to revoke the registration of a partnership for failure to file annual reports or pay required fees. The bill establishes new provisions for partnerships and limited liability companies to correct errors in documents filed with the Secretary of State, and allows for electronic filing of documents if permitted by the Secretary. It imposes penalties on foreign limited partnerships and foreign limited liability companies that transact business in Massachusetts without properly registering. The bill also provides procedures for the Secretary of State to dissolve inactive limited partnerships and limited liability companies or revoke the authority of foreign entities to operate in the state. Finally, it makes some technical changes to the filing requirements and fees for corporations.

Business and Industry

https://malegislature.gov/Bills/193/S224