SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d)
OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of
Report (Date of Earliest Event Reported): March 23, 2010
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MINISTRY
PARTNERS INVESTMENT COMPANY, LLC
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(Exact
name of registrant as specified in its
charter)
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California
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333-04028LA
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33-0489154
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(State
of Incorporation)
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(Commission
File Number)
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(IRS
Employer Identification No.)
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915
West Imperial Highway, Suite 120, Brea, CA
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92821
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(Address
of Principal Executive Offices)
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(Zip
Code)
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Registrant's telephone number, including area code: (714) 671-5720
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[
] Written communications
pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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[
] Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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[
] Pre-commencement
communications pursuant to Rule 14d-2(b) under
the
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Exchange Act (17 CFR 240.14d-2(b))
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[
] Pre-commencement
communications pursuant to Rule 13e-4(c) under
the
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Exchange Act (17 CFR 240.13e-4(c))
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Item
5.02. Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
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On March
23, 2010, Scott T. Vandeventer submitted his resignation as a member of the
Board of Managers of Ministry Partners Investment Company, LLC (the
“Company”).
Mr.
Vandeventer was a Class II Manager whose term would otherwise have expired at
the Company’s 2012 annual meeting of its common equity holders. Mr.
Vandeventer was also a member of the Audit Committee. The resignation
was not the result of any disagreement with the Company.
Item
8.01. Other Events.
On March
10, 2010, the Company entered into a Master Agreement with Fiserv Solutions,
Inc., a Wisconsin corporation (“Fiserv”), pursuant to which Fiserv will provide
core system processing to the Company on its financial services
platform. Fiserv’s core system will support the accounting function
for the mortgage loan investments the Company makes or enters
into. In addition, by entering into this agreement with
Fiserv, the Company will enhance its ability to offer online account access
through Internet banking services, as well as online investment processing for
transactions the Company undertakes on behalf of its customers and
investors. The Company expects to launch the Fiserv core processing
system in the third quarter of fiscal year 2010.
Item
9.01 Financial Statements and Exhibits.
(d) Exhibits
The
following exhibit is attached herewith:
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None
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
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Dated: March
30, 2010
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MINISTRY
PARTNERS INVESTMENT
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COMPANY,
LLC
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/s/ Billy
M. Dodson
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Billy
M. Dodson
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President
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