R.I. Gen. Laws § 7-1.2-1501 Annual reports of domestic and foreign corporations.
7-1.2-1501. Annual reports of domestic and foreign corporations.
(a) Each domestic corporation, and each foreign corporation authorized to transact business
in this state, shall file, within the time prescribed by this chapter, an annual report
stating:
(1) The name of the corporation and the state or country under the laws of which it is
incorporated;
(2) A brief statement of the character of the business in which the corporation is actually
engaged in this state;
(3) The names and respective addresses of the directors and officers of the corporation;
(4) [Deleted by P.L. 2021, ch. 137, § 1 and P.L. 2021, ch. 138, § 1.]
(5) A statement of the aggregate number of issued shares, itemized by classes, par value
of shares, if any, and series, if any, within a class; and
(6) Any additional information that is required by the secretary of state.
(b) The annual report must be made on forms prescribed and furnished by the secretary
of state, and the information contained therein must be given as of the date of the
execution of the report. It must be executed on behalf of the corporation by its authorized
representative, or, if the corporation is in the hands of a receiver or trustee, it
must be executed on behalf of the corporation by the receiver or trustee.
(c) The annual report of a domestic or foreign corporation must be delivered to the secretary
of state between February 1 and May 1 of each year, except that the first annual report
of a domestic or foreign corporation must be filed between February 1 and May 1 of
the year following the calendar year in which its articles of incorporation were filed
with or its certificate of authority was issued by the secretary of state. Proof to
the satisfaction of the secretary of state that prior to May 1 the report was deposited
in the United States mail in a sealed envelope, properly addressed, with postage prepaid,
is deemed to be a compliance with this requirement.
(d) If the secretary of state finds that the annual report conforms to the requirements
of this chapter, the secretary of state shall file the report. If the secretary of
state finds that it does not conform, the secretary of state shall promptly return
the report to the corporation for any necessary corrections, in which event the penalties
subsequently prescribed for failure to file the report within the time previously
provided do not apply if the report is corrected to conform to the requirements of
this chapter and returned to the secretary of state within thirty (30) days from the
date on which it was mailed to the corporation by the secretary of state.
(e) Each corporation, domestic or foreign, that fails or refuses to file its annual report
for any year within thirty (30) days after the time prescribed by this chapter is
subject to a penalty of twenty-five dollars ($25.00) per year.
P.L. 2004, ch. 216, § 2; P.L. 2004, ch. 274, § 2; P.L. 2005, ch. 120, § 1; P.L. 2005,
ch. 130, § 1; P.L. 2021, ch. 137, § 1, effective January 1, 2022; P.L. 2021, ch. 138,
§ 1, effective January 1, 2022.