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Submitted by UCS on December 1, 2017
In an earlier posting, we talked about New York publication requirements. New York is not the only state that requires certain filings to publish to a local newspaper. Throughout the year United Corporate Services, Inc. will educate you on publication requirements in various states. This post will talk specifically about publication requirements in The Silver State, also known as Nevada.
Under NRS 80.190, foreign corporations conducting business in the state of Nevada are required, no later than the month of March of each year to publish an annual statement in two numbers or issues of a newspaper in the State. The newspaper must have a total weekly circulation of at least 1,000. The exception to this rule is that if a corporation keeps its records on the basis of a fiscal year other than the calendar, the statement must be published not later than the end of the third month following the close of each fiscal year.
The statement must include:
(a) The name of the corporation.
(b) The name and title of the corporate officer submitting the statement.
(c) The mailing or street address of the corporation’s principal office.
(d) The mailing or street address of the corporation’s office in this State, if one exists.
Similar to New York, those who choose to ignore the publication requirement risks facing penalties. A corporation which neglects or refuses to publish a statement as required is liable to a penalty of $100 for each month that the statement remains unpublished. Any district attorney in the State or the Attorney General may sue to recover the penalty. The first county suing through its district attorney shall recover the penalty, and if no suit is brought for the penalty by any district attorney, the State may recover through the Attorney General.
Contact us today to discuss your publication options. United Corporate Services, Inc. offers publication packages that keep your company in compliance and worry free.
Coming next month: Arizona publication requirements
Written by Our Team
United Corporate Services (“UCS”) provides registered agent services in all 50 states and U.S. territories as well as in select international jurisdictions. With 50 plus years of experience in the legal services industry, UCS partners you with a highly skilled staff of Client Service Representatives who can help with navigating through the complexities of forming and maintaining companies for yourself or your client.
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