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Annual Account and Petition for Approval - Mississippi

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The document is a petition submitted to the Chancery Court of Mississippi regarding the Nineteenth Annual Account of a trust established under the will of a deceased individual. It outlines the trustee's request for approval of the account, which details receipts and disbursements over a specified period, and seeks authorization for payments to the trustee and legal counsel. The petition emphasizes the need for additional funds from the trust to support the care of a beneficiary due to insufficient conservatorship funds.

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What states dont require annual reports?

Currently, all states, except Ohio, require some sort of annual report filing. Specific filing requirements and deadlines vary by state. Some states also require an initial report when first starting a business.

Does Mississippi require an annual report?

Under Mississippi law, all for profit corporations, nonprofit corporations, and limited liability companies operating in Mississippi are required to file an Annual Report with the Secretary of State.

What is an open account statute in Mississippi?

When any person fails to pay an open account within thirty (30) days after receipt of written demand therefor correctly setting forth the amount owed and an itemized statement of the account in support thereof, that person shall be liable for reasonable attorneys fees to be set by the judge for the prosecution and

Is it mandatory to prepare annual report?

Obligation to prepare Annual Report- The board of every company shall within six months after the balance sheet date of the company, prepare an annual report on the affairs of the company during the accounting period ending on that date.

Do you have to file an annual report for an LLC in Mississippi?

All Mississippi corporations and LLCs are required to file an annual report each year with the Mississippi Secretary of State. Mississippi nonprofits file status reports, BUT only when requested by the Secretary of State typically every five years.

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