Time for filing annual report. 59-11-25. The Except as otherwise provided in this section, the first annual report shall reportshall of a filing entity or qualified foreign entity must be delivered to the Office of the Secretary of State before the first day of the second month of the year following the year in which a the filing entity or qualified foreign entity, except a bank organized pursuant to § 51A-3-1.1 and limited partnership organized pursuant to chapter 48-7, was authorized to transact business. The Each subsequent annual report shall must be delivered to the Office of the Secretary of State by the same date each subsequent year. The first annual report of a limited liability company or a limited liability partnership must be delivered to the Office of the Secretary of State on or before January thirty-first of the year following the year in which the company or partnership was authorized to transact business, and each January thirty-first thereafter. 15