Minnesota LLC and Minnesota Corporation
Filed with the Minnesota Secretary of State Business Services Division
Minnesota Corporation Names
The Minnesota Corporation name must include the word or an abbreviation of a word that indicates that the named entity is a corporation. Examples of a corporate name ending include “Incorporated,” “Corporation,” “Company,” or “Limited.” The name cannot state or imply that the corporation is formed for a purpose other than what is permitted in the articles of incorporation. Also, the name cannot be the same or deceptively similar to any active domestic or foreign corporation or LLC filed with the state.
Minnesota Limited Liability Company (LLC) Names
The Minnesota Limited Liability Company (Minnesota LLC) must use the term “Limited Liability Company” or “LLC.” The name cannot state or imply that the LLC is formed for a purpose other than what is permitted in the articles of organization. Also, the name cannot be the same or deceptively similar to any active domestic or foreign corporation or LLC filed with the state.
Registered Agent
A corporation must maintain a registered agent at all times to accept any important service of process from the state. The registered agent must be located and available during regular business hours at a legal address within the state. Minnesota prohibits the use of a P.O. Box as your registered agent’s address.
Director Information
- Minimum Number – One or more.
- State Residence Requirements – None.
- Age Requirements – Directors must be a natural person at least 19 years of age.
- Directors are not required to be listed in the articles of incorporation.
Officer Information
Officers are not required to be listed in the articles of incorporation.
Stock Information
An increase in shares does not cause an increase in initial filing fees.
Corporate Records
The minutes of shareholders’ and directors’ meetings for the last three years must be kept at the registered office. Bylaws, articles of incorporation, and all amendments to these documents, as well as the statement of names and addresses of its principal officers also must be kept at this office.
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