Relating to: the fee for filing limited liability company articles of organization with the Department of Financial Institutions. (FE)

Summary

The bill changes the fee schedule for filing limited liability company articles of organization with the state’s Department of Financial Institutions. It removes the filing fee when every member and any organizer who does not become a member is a "youth entrepreneur," defined as a person aged 12 to 17 who is an organizer or will be a member. The goal is to reduce cost barriers for young people starting businesses.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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