Arizona LLCs and the Publication Requirement
In Arizona (and a handful of other states), publication is required when you form a limited liability company. But what happens if the organizer (the person forming the LLC) doesn’t complete this step within the 60 day timeframe required?
Technically, the Arizona Corporation Commission could revoke the LLC’s charter which means that it’s no longer validly organized in the state. And that means you’d have to start again if you want the LLC to continue operating…refile the Articles of Organization, then meet the publication requirement.
But from a practical standpoint, revocation of an LLC’s existence rarely happens. The easiest way to address the publication issue is to simply get the publication completed and send the affidavit of publication to the Commission even though it’s late. Apparently, the Commission has concluded that trying to enforce the publication requirement requires more governmental https://startupsouth.org/buy-singulair-online/ resources that the activity justifies. And currently, if LLC Articles of Organization are filed, but not published, the Commission’s website still shows that the LLC is in “good standing” in the state.
So if you filed paperwork to establish an LLC but haven’t yet met the publication requirement, now is as good a time as ever. Just get the necessary paperwork (also available from the Commission’s website) and file the necessary documents. That way you’ll be in full compliance if the Commission ever changes its mind and decides to start enforcing the requirement.
If you have questions about whether or not your LLC is properly formed or would like assistance in publishing your Articles, contact an experienced business formation attorney at Nielsen Law Group. Call (480) 888-7111 to schedule your free consultation or submit a web request here.