By BRENT MARTINSt. Joseph PostCertain Missouri businesses would have to register with the
Secretary of State every five years under a bill sponsored by St. Joseph State
Rep. Bill Falkner.Falkner says current state law allows LLCs, limited liability
companies, to register once without requiring anything further unless they
change who to contact.Falkner says requiring LLCs to re-register every five years
would ensure the LLC is still active.“It just is saying that some of these LLCs are sitting out there
and there’s no activity and, so, just tell us whether it’s still good or not,”
Falkner tells host Barry Birr on the KFEQ Hotline.There are approximately 60,000 LLCs registered in Missouri.Falkner says, under current law, the state doesn’t know
whether an LLC is active or not.“What they’re trying to do is figure out which LLCs are still operating,
trying to get an accountability on where they’re at,” Falkner says. “So, this
bill just requires them that every five years, $10 fee, to just say you’re
still in business, this is our contact information, make sure it is all lined
up with what’s on the record.”

Bill would require Missouri LLCs to register every 5 years