Annual reports missing for 37,000 Ky. businesses

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by AP

WHAS11.com

Posted on July 5, 2012 at 8:28 PM

Updated Thursday, Jul 5 at 8:28 PM

   FRANKFORT, Ky. (AP) -- Some 37,000 Kentucky businesses failed to file annual reports with the secretary of state's office this year and are no longer in good standing in the state.

   All Kentucky businesses are required to file annual reports no later than July 2 of each year.

   Secretary of State Alison Lundergan Grimes said more than 150,000 businesses met the requirement.

   The annual reports contain basic information, like the names of the top officers and the address.

   Under Kentucky law, failure to file annual reports is grounds for the state to dissolve the businesses.

   Before that happens, the secretary of state's office will send reminders to the delinquent businesses, informing them they're no longer in good standing with the state. They will then have 60 days to file their annual reports.

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