Colorado Selected Consequences of Public Company Status Memorandum

State:
Multi-State
Control #:
US-TC1014
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

As a result of the public offering of securities by the company, the company will be obligated to file various periodic reports with the SEC. This memorandum lists all those reports (10-K, 10-Q, 8-K, etc.), what each report is, and the filing guidelines for each one.

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FAQ

Delinquency occurs when a corporation or individual fails to make payments on time for a contractual obligation such as: Mortgages. Auto loans. Credit card accounts. Income taxes.

If the entity's status is Delinquent, a Statement Curing Delinquency must be filed to return the entity's status to Good Standing. You can refer to our interactive timeline to see the available filing dates.

When a charitable organization fails to submit complete filings for each fiscal year, its status on the Attorney General's Registry of Charitable Trusts will be listed as Delinquent. If the delinquency is not remedied, the Registry status will be further changed to Suspended, and/or Revoked.

If your charitable organization received a delinquency letter it is because it has not filed one or more of the required annual reports with the Registry. The Registry's Delinquency Program provides guidance to assist delinquent charities and trustees.

Colorado Corporation Annual Report Requirements: Agency:Colorado Secretary of StateInstructions:Instructions for completing a Periodic ReportFiling Method:OnlineAgency Fee:$106 more rows

When someone is delinquent, they are past due on their financial obligation(s), such as a loan, credit card, or bond payments. This means a borrower's payments are not made to satisfy their debt(s) in a timely manner. Delinquent entities can be either individuals or corporations.

Submitting a Periodic Report allows an entity to update the principal office address and registered agent information which helps ensure current information is available to the public. Even if nothing has changed, filing the report shows that the information has been reviewed and is accurate.

LLC ? The reinstatement of a voluntarily dissolved LLC in Colorado costs $100. The same amount is necessary for the curing of delinquency. Corporation ? The Colorado reinstatement filing fee is $100. Curing delinquency also costs the same.

If the Periodic Report is not filed on or before May 31st, the entity's status will be changed to Delinquent. If the entity's status is Delinquent, a Statement Curing Delinquency must be filed to return the entity's status to Good Standing.

All Colorado businesses must file a report in order to stay compliant with the state. If you fail to submit your Periodic Report, the Secretary of State will fine you and could dissolve your business.

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Colorado Selected Consequences of Public Company Status Memorandum