Legal Issues and Banking & Finance and Accounting and Law

Company must pay back Indiana businesses

March 13, 2014

 A company has agreed to refund to nearly 1,200 Indiana businesses the money they paid for services that they erroneously believed were required by law.

The Indiana Secretary of State's office said Wednesday that The Mandatory Poster Agency Inc., which does businesess as Corporate Record Services, has agreed to pay $125 refunds to each of the businesses.

The agency says the company sent letters in January 2013 to Indiana businesses that many believed came from the secretary of state's office, soliciting $125 annually for record-keeping services. The letter cited state law regarding annual meetings requirements.

When the state found out about the letters, it warned businesses that they weren't from the secretary of state's office.

Under the agreement, any future mailings by the company must include a disclaimer indicating the letter is not a government document.

Corporate Record Services, which is based in Lansing, Mich., also used the same solicitations in other states, including Oregon, Texas, Pennsylvania, Alabama, Virginia, Massachusetts, Illinois, Florida and others, prompting similar letters of warning from each state.

ADVERTISEMENT

Recent Articles by Associated Press

Comments powered by Disqus