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The Holly Chieftain
Holly, Prowers County, Colorado
What is this article about?
In Denver, Secretary of State Ramer announced strict enforcement of Colorado's law requiring corporations to file annual reports within 60 days after January 1st, with $1,000 fines for non-compliant presidents and secretaries; about 10,000 corporations affected.
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Denver.—Secretary of State Ramer announced that he will rigidly enforce the law governing the filing of annual reports by corporations. The companies have sixty days after Jan. 1st in which to file their statements. Many either neglect to do so until the last minute of the period has expired or fail to do so altogether. The law provides for the punishment of the presidents and secretaries of corporations failing to file their annual reports within the designated period by personal fines of $1,000 each. The two officers are held directly responsible. There are about 10,000 Colorado corporations which must file statements.
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Where did it happen?
Domestic News Details
Primary Location
Denver, Colorado
Key Persons
Outcome
personal fines of $1,000 each for presidents and secretaries of corporations failing to file annual reports within the designated period
Event Details
Secretary of State Ramer announced that he will rigidly enforce the law governing the filing of annual reports by corporations. Companies have sixty days after Jan. 1st to file statements. Many neglect to file until the last minute or fail altogether. The two officers are held directly responsible. There are about 10,000 Colorado corporations which must file statements.