TEL: 303-798-2525
TOLLFREE :  877-659-8932

Contact

State Warns Businesses: Beware 'Compliance' Scam

Posted by on in Firm News
  • Font size: Larger Smaller
  • Hits: 1423
  • Subscribe to this entry

Colorado Secretary of State Scott Gessler is notifying Colorado businesses of another possibly deceptive solicitation issued by "Compliance Services." The entity has mailed solicitations titled "Annual Minutes Requirement Statement Directors and Shareholders" to businesses in Colorado. These solicitations offer to prepare documents to satisfy the annual minutes requirement for a $125.00 fee. Though most corporations are required to keep records of annual minutes, they are not required to file these records with any third party.

Although the solicitations contain disclaimers stating that "The preparation of minutes of annual meetings does not satisfy the requirement to file the Periodic Report required by Colorado Revised Statutes Section 7-90-501," the solicitation is creating confusion, according to the Secretary of State's office. Annual meeting minutes are not required to be filed with the Colorado Secretary of State's Office or any other government agency or third party. In addition, records of annual meetings are separate from the annual report filing with the Secretary of State's Office, which for most businesses is a $10 fee, online at www.sos.state.co.us. Questions? Contact the Secretary of State at 303-894-2200, then press 2, or email business@sos.state.co.us.

Contact us Today
303-798-2525
877-659-8932

Contact Us



Best Lawyers Award Badge

Latest Bloggers

Blog Archive

Contact us

Invalid Input
Invalid Input
Invalid Input
Invalid Input

Our Location

MILLER & STEIERT, P.C.
1901 West Littleton Blvd
Littleton, CO 80120
Phone: 303-798-2525
Maps & Directions