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Why is e-filing of Annual Reports encouraged?

April 26, 2017annual e-filing encouraged reports

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Why is e-filing of Annual Reports encouraged?

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Senate Bill 04-231, effective May 27, 2004, gave the Secretary of State authority to require any filing to be made by electronic means; for more information see § 24-21-111, C.R.S. The requirement to allow electronic filing at the earliest practicable time is also included in section § 7-90-301 (4), C.R.S. Filing an Annual Report online gives the filer control to update the information immediately, thus keeping the entity in compliance with statutory requirements.