Amendments

• Amendments may be submitted under Minnesota Statute § 83.31. 
• The fee for amendments is $25. 
• The seller should submit the amended documents in legislative format with the old language stricken with a line through it, and the new language inserted and underlined (only amended documents need to be submitted). 
• Sellers may not add inventory for additional sales by amendment. 

Annual Filings

• Within 120 days of the sellers’ fiscal year end, an annual report must be filed under Minnesota Statute § 83.30. 
• For most sellers the deadline is May 1 of each year. 
• The form is in Minnesota Rules Minnesota Rules 2810.9950. 
• The fee is $75 for a registration by notification, and $150 for a registration by qualification. 
• Registrations by notification are not required to submit an annual report form, only the fee and a cover letter are required. 

Add-On Transactions 

• Under Minnesota Statute § 83.23 Subdivision 4 an applicant can add additional inventory. 
• The fee is $50. 
• For applications by qualification, there is an additional fee of $1 per potential added sale until the cap of $3,500 is met. After the maximum fee has been met, the fee is $50 each time inventory is added. The seller must update the application to reflect the additional inventory added. In addition, the seller must submit documentation that the new inventory meets the criteria of the Minnesota Statutes and Rules.