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  • 36 U.s. Code153713 - Distribution Of Assets On Dissolution Or...

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55A-14-03. Plan of dissolution. (a) The plan of dissolution approved pursuant to G.S. 55A-14-02 shall provide that all liabilities and obligations of the corporation be paid and discharged, or adequate.

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How to fill out the 36 U.S. Code153713 - Distribution Of Assets On Dissolution Or... online

This guide will assist you in filling out the 36 U.S. Code153713 - Distribution Of Assets On Dissolution Or... form online. It provides a clear and supportive step-by-step approach to ensure accurate completion of the document.

Follow the steps to successfully complete the form online.

  1. Click ‘Get Form’ button to obtain the form and open it in the editor.
  2. Review the first section of the form. This section requires you to provide information related to the corporation's liabilities and obligations. Ensure that all liabilities are paid or that adequate provisions for their disbursement are documented.
  3. In the next field, indicate the distribution of assets held by the corporation that must be returned, transferred, or conveyed. Specify the conditions that trigger these requirements during dissolution.
  4. For the following section, if your corporation is a charitable or religious entity, describe how remaining assets will be distributed. You may transfer these assets to approved entities like the United States or other charitable organizations under section 501(c)(3).
  5. If your corporation is not classified as charitable or religious, outline the plan for asset distribution as stated in your articles of incorporation or bylaws. Provide clear instructions on how the remaining assets should be allocated.
  6. Review any additional provisions or specific instructions regarding dissolution that you may wish to include in the plan for clarity.
  7. Once all required fields are completed and reviewed, save changes to your document. You can download, print, or share the completed form as needed.

Start filling out your documents online today to ensure a smooth dissolution process.

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Related content

36 U.S.C. 153713 - Distribution of assets on...
United States Code, 2012 Edition, Supplement 2, Title 36 - PATRIOTIC AND NATIONAL...
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Upon the winding up of the Company, the Company's Property shall be distributed: first, to creditors, including the Member if then a creditor, to the extent permitted by law, in satisfaction of the Company's indebtedness and other liabilities; and second, to the Member.

All assets pass to the Crown as soon as a company is dissolved, so ideally, if a company owes you money you should object in writing to Companies House, before the dissolution of a company.

On dissolution or final liquidation of the corporation, any assets remaining after the discharge of all liabilities shall be distributed as provided by the board of directors, but in compliance with the constitution and bylaws of the corporation.

The Partnership must pay to each Partner any amount which it owes to him in respect of capital. If the Partnership does not have sufficient assets to do this in full, it must pay the remaining assets to the Partners in proportion to their respective capital contributions.

A corporation may also be dissolved by the SEC upon finding by final judgement that it was created for the purpose of committing, concealing, or aiding the commission of securities violations, smuggling, tax evasion, money laundering, or graft and corrupt practices; if they were found to have committed or aided in such ...

The remaining cash will be distributed to the partners based on their capital account basis.

Upon the winding up of the Company, the Company's Property shall be distributed: first, to creditors, including the Member if then a creditor, to the extent permitted by law, in satisfaction of the Company's indebtedness and other liabilities; and second, to the Member.

In most cases of dissolution, a company's remaining assets are distributed to its shareholders or members after they have paid off outstanding debts from the proceeds of liquidation.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232