fbpx

Rhode Island LLC Continuing Obligations

Once a Rhode Island LLC has been created, the Rhode Island Secretary of State will require that certain recurring responsibilities and duties be met. The most important of these are explained below. For further information, refer to the Rhode Island Secretary of State office.

Annual Report

Each limited liability company shall file an annual report setting forth

  • The name and address of the principal office of the limited liability company;
  • The state or other jurisdiction under the laws of which it is formed
  • The name and address of its resident agent
  • The current mailing address of the LLC
  • The name or title of a person to whom communications may be directed
  • A brief statement of the character of the business in which the LLC is actually engaged in this state
  • Any additional information required by the secretary of state
  • If the limited liability company has managers, the name and address of each of its managers

Records

Each limited liability company shall keep following records open to inspection at its office:

  • A current list of the full name and last known business address of each member and manager
  • Copies of records that would enable a member to determine the capital values and the relative voting rights of the members
  • A copy of the filed articles of organization and any restatements or amendments thereto
  • Executed copies of any powers of attorney pursuant to which any certificate has been executed
  • Copies of the limited liability company’s federal, state and local income tax returns, if any, for the five most recent years
  • Copies of any written operating agreement
  • Any written records of proceedings of the members or managers
  • Copies of any financial statements of the LLC for the five most recent years

Share

Add Your Comments

Your email address will not be published. Required fields are marked *