Miscellaneous Provisions

Cal. CORP § 17713.07

California Statutes

(

a) Every limited liability company that neglects, fails, or refuses to keep or cause to be kept or maintained the documents, books, and records required by

Section 17701.13 to be kept or maintained shall be subject to a penalty of twenty-five dollars ($25) for each day that the failure or refusal continues, beginning days after receipt of written request by any member that the duty be performed, up to a maximum of one thousand five hundred dollars ($1,500).

The penalty shall be paid to the member or members jointly making the request for performance of the duty and damaged by the neglect, failure, or refusal, if suit therefor is commenced within days after the written request is made; but the maximum daily penalty because of failure to comply with any number of separate requests made on any one day or for the same act shall be two hundred fifty dollars ($250). (

b) Upon the failure of a limited liability company, or a foreign limited liability company registered to transact intrastate business in this state, to file the statement required by

Section 17702.09, the Secretary of State shall provide a notice of that delinquency to the limited liability company or foreign limited liability company.

The notice shall also contain information concerning the application of this section, advise the limited liability company or foreign limited liability company of the penalty imposed by this subdivision for failure to timely file the required statement after notice of delinquency has been provided by the Secretary of State, and shall advise the limited liability company or foreign limited liability company of its right to request relief from the Secretary of State because of reasonable cause or unusual circumstances that justify the failure to file.

If, within days after providing notice of the delinquency, a statement pursuant to

Section 17702.09 has not been filed by the limited liability company or foreign limited liability company, the limited liability company or foreign limited liability company shall be subject to a penalty of two hundred fifty dollars ($250).

Document details

CollectionCalifornia Statutes
CitationCal. CORP § 17713.07
Date2013-01-01
Typestatute
Languageen
SourceCA_STAT
IdentifierCORP17713.07.201241920

Miscellaneous Provisions

Cal. CORP § 17713.07

California Statutes

Miscellaneous Provisions

Cal. CORP § 17713.07

California Statutes

(

a) Every limited liability company that neglects, fails, or refuses to keep or cause to be kept or maintained the documents, books, and records required by

Section 17701.13 to be kept or maintained shall be subject to a penalty of twenty-five dollars ($25) for each day that the failure or refusal continues, beginning days after receipt of written request by any member that the duty be performed, up to a maximum of one thousand five hundred dollars ($1,500).

The penalty shall be paid to the member or members jointly making the request for performance of the duty and damaged by the neglect, failure, or refusal, if suit therefor is commenced within days after the written request is made; but the maximum daily penalty because of failure to comply with any number of separate requests made on any one day or for the same act shall be two hundred fifty dollars ($250). (

b) Upon the failure of a limited liability company, or a foreign limited liability company registered to transact intrastate business in this state, to file the statement required by

Section 17702.09, the Secretary of State shall provide a notice of that delinquency to the limited liability company or foreign limited liability company.

The notice shall also contain information concerning the application of this section, advise the limited liability company or foreign limited liability company of the penalty imposed by this subdivision for failure to timely file the required statement after notice of delinquency has been provided by the Secretary of State, and shall advise the limited liability company or foreign limited liability company of its right to request relief from the Secretary of State because of reasonable cause or unusual circumstances that justify the failure to file.

If, within days after providing notice of the delinquency, a statement pursuant to

Section 17702.09 has not been filed by the limited liability company or foreign limited liability company, the limited liability company or foreign limited liability company shall be subject to a penalty of two hundred fifty dollars ($250).

Document details

CollectionCalifornia Statutes
CitationCal. CORP § 17713.07
Date2013-01-01
Typestatute
Languageen
SourceCA_STAT
IdentifierCORP17713.07.201241920