Loading
Get Bca 12.20 2003-2026
How it works
-
Open form follow the instructions
-
Easily sign the form with your finger
-
Send filled & signed form or save
How to fill out the BCA 12.20 online
The BCA 12.20 form, also known as the Articles of Dissolution, is an essential document for formally dissolving a corporation in Illinois. This guide provides a step-by-step approach to completing the form online, ensuring that users can efficiently navigate each section.
Follow the steps to complete the BCA 12.20 form online.
- Use the ‘Get Form’ button to obtain the BCA 12.20 form and open it in your preferred online editor.
- In the first section, enter the corporate name clearly as it appears in official records.
- Provide the post office address where the Secretary of State should send any official correspondence regarding this dissolution.
- Indicate the date on which the dissolution was approved by entering the month, day, and year. Then, select one of the options provided to signify the method of authorization for dissolution by marking an 'X' in the appropriate box.
- Report any share issuances not previously reported. Fill in each column including date of issuance, class, par value, shares issued, and the entire consideration received.
- Next, list all cancellations of shares not previously reported. Specify the date of cancellation, class, number of shares canceled, and associated costs.
- Document the total number of issued shares at the time of execution, detailing the class, series, par value, and number of shares.
- State the paid-in capital at the date of execution. This replaces previous terms and should reflect the total of the relevant accounts.
- The form must be signed by a duly authorized officer, who should ensure that all facts stated are accurate. Enter the date of execution, as well as the exact name and signature of the authorized officer, including their title.
- If dissolution was approved by the incorporators or board of directors, ensure that signatures from a majority of them are included on the form.
- Finally, save your changes, download a copy, print, or share the completed form as needed.
Complete your BCA 12.20 form online today to ensure a smooth dissolution process.
To dissolve an S Corporation, you need to follow several crucial steps, including settling all debts, obtaining necessary approvals from shareholders, and filing Form 966 with the IRS. Additionally, submit the proper dissolution form in your state, adhering to BCA 12.20. This ensures compliance and eases the transition out of business.
Industry-leading security and compliance
US Legal Forms protects your data by complying with industry-specific security standards.
-
In businnes since 199725+ years providing professional legal documents.
-
Accredited businessGuarantees that a business meets BBB accreditation standards in the US and Canada.
-
Secured by BraintreeValidated Level 1 PCI DSS compliant payment gateway that accepts most major credit and debit card brands from across the globe.