Tuesday, April 22, 2014

BBB Warns of Misleading “Annual Minutes Requirement” Mailings

BBB Warns of Misleading "Annual Minutes Requirement" Mailings - BBB of Northwest Florida (JEH: Please also note that no Florida business entity needs to file "annual minutes" -- only an annual report to the Department of State, which may be done online as noted in the earlier post. It is obviously prudent to hold an annual meeting for any business entity and keep minutes of all meetings. However, there is no state requirement to file any type of minutes, which are generally internal documents much like the governing bylaws, operating agreement, or partnership agreement.)