Effective June 16, 2025, the Arizona Corporation Commission has implemented four new policies aimed at deterring fraud and protecting business owners.
Policy 1: Two forms of identification will be required when filings are being made on behalf of a business. (Runners or employees of law firms and service companies have a different procedure for identity verification.)
Policy 2: Limited liability companies (LLCs) now have the option to complete a Signing Authority form, which will be retained thereafter and utilized to validate signatures on future filings. Existing LLCs must complete the form in-person at the Corporation Commission, and proper identification is required.
Policy 3: Each January, LLCs who have not made any filings during the proceeding two-year period will receive an electronic notice requesting verification that the LLC continues to conduct business. The notice will be sent to the LLC’s statutory agent and/or business owner, and those companies who do not send an affirmative response within 60 days will be subject to administrative dissolution.
Policy 4: Corporations may self-draft their own Annual Report and Certificate of Disclosure forms in lieu of using the Corporation Commission’s promulgated forms.
Additional details can be found here, and we will send out further updates as more information becomes available.