Annual Report
A farm limited liability company must file an annual report with the Secretary of State:
- On or before April 15 of each year. (The first annual report is due in the year following the calendar year in which the farm limited liability company became effective in North Dakota.)
- On the form prescribed by the Secretary of State. The prescribed form is an online form found on FirstStop (FirstStop.sos.nd.gov).
An annual report must be completed on FirstStop and may be filed online with a credit card payment or it may be printed and mailed with a check, cashier's check, or money order payable to "Secretary of State."
If a farm limited liability company does not file an annual report by the required date:
- The company will be placed in Not Good Standing, and
- Six months after the report is due, the company will be involuntarily terminated or, in the case of an out-of-state company, the company’s authority will be revoked.
Annual report fees:
- $50 if the annual report is submitted on or before April 15 when using the ‘File Online’ option, or received in the Secretary of State’s office on or before April 15 when using the ‘Print and Mail’ option.
- $100 if the annual report is submitted after April 15 when using the ‘File Online’ option, or received in the Secretary of State’s office after April 15 when using the ‘Print and Mail’ option.
Reinstatement after involuntary termination or revocation:
- May occur within one year after the termination or revocation.
- Requires filing the past-due annual report and reinstatement request along with the appropriate fees.
- After the one-year reinstatement period following the involuntary termination or revocation, reinstatement can only occur by a court order obtained from North Dakota's Burleigh County Court filed with the Secretary of State. The court order must be accompanied by the most recent past-due annual report, registered agent statement of change, and appropriate fees.
Statutes