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  • C-159a Certificate Of Dissolution Form To Dissolve A Profit Corporation Pursuant To Action Of Board

Get C-159a Certificate Of Dissolution Form To Dissolve A Profit Corporation Pursuant To Action Of Board

C159S 07/07 New Jersey Division of Revenue Certificate Of Dissolution, Pursuant to Action of Board and Shareholders For Use by Domestic Profit Corporations (NJSA 14A:124) 1. Name of Corporation: 2.

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How to fill out the C-159A Certificate Of Dissolution Form To Dissolve A Profit Corporation Pursuant To Action Of Board online

The C-159A Certificate of Dissolution form is essential for dissolving a profit corporation in New Jersey. This guide provides a clear, step-by-step approach to successfully complete the form online, ensuring that you meet all necessary requirements for a smooth dissolution process.

Follow the steps to complete the form accurately.

  1. Press the ‘Get Form’ button to access the C-159A Certificate of Dissolution form. This will open the form in your preferred online editor.
  2. In the first field, enter the name of the corporation exactly as it appears in official documents.
  3. In the next section, fill in the corporation number, which is the 10-digit identifier assigned when the corporation was formed.
  4. Provide the name of the current registered agent responsible for handling legal documents on behalf of the corporation.
  5. Next, enter the registered office address, which must include the street, city, state, and zip code. Ensure this address is located in New Jersey.
  6. List the names and titles of all current directors and officers of the corporation. If more space is needed, attach an additional sheet.
  7. Insert the text of the board resolution that authorizes the dissolution. If this requires more space, include it as an attachment.
  8. Indicate the date and location of the shareholders' meeting where the dissolution vote occurred.
  9. Complete the voting section: state the number of outstanding shares entitled to vote on the dissolution. If there are different classes of shares, provide the details for each class.
  10. Finally, provide the number of shares represented at the meeting and the count of shares that voted for or against the dissolution. Again, if there are class distinctions, include that information.
  11. The form must be signed and dated by the Chairman of the Board, President, or Vice President. Type their name and title underneath the signature.
  12. Once all fields are filled, ensure that the form is complete and correct. You can then save your changes, download a copy, print it, or share the completed form as needed.

Start the form completion process online today to ensure your corporation is dissolved efficiently.

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Related content

C-159A Certificate of Dissolution - NJ.gov
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As required by law, a nonprofit organization that is ceasing existence is required to transfer all remaining assets to another tax-exempt organization or to the government. It is unlawful to give any property away to individuals – including board members, volunteers, staff, or beneficiaries.

Here's what they had to say: Raise Funds And Save Money. Nonprofit is a tax status, not a financial situation. ... Speak The Same Language. ... Focus On ROI. ... Build Models Of Earned Income. ... Generate Revenue Through Corporations. ... Don't Ignore Expenses. ... Match Costs And Benefits. ... Make The Mission Itself Profitable.

While both words are concerned with the end of a business partnership, dissolution refers to the process itself, and usually to the departure (or death) of one or more individuals from the entity, while termination refers to the cessation of all operations, including the disposal of all assets.

Dissolution is the first step in the termination process is to dissolve the LLC. Although some people confuse dissolution and termination, dissolution does not terminate an LLC's existence. What it does is change the purpose of its existence.

Corporations ending business in New Jersey can dissolve, cancel, or withdraw online. Go to njportal.com/dor/annualreports and select “Close a Business.” Businesses that choose to complete a paper application must submit all of the following: Appropriate dissolution/withdrawal/cancellation form.

A certificate of dissolution NJ may be sought by a company looking to dissolve itself. When you dissolve your company in the state of New Jersey, you are ending your existence as a business entity registered in the state. This can put a company past the reach of claimants or creditors.

Dissolution of corporation refers to the closing of a corporate entity which can be a complex process. Ending a corporation becomes more complex with more owners and more assets.

For federal tax purposes, you'll need to file IRS Form 990 or IRS Form 990-EZ. You must include a completed Schedule N (Liquidation, Termination, Dissolution, or Significant Disposition of Assets), as well as copies of your certificate of dissolution and resolution to wind up and dissolve.

Authorizing Dissolution With a resolution and plan in hand, Florida law provides for voluntary dissolution as follows: if your nonprofit has members, by action of the directors followed by a vote or other consent of the members; or. if your nonprofit doesn't have members, by a vote of the directors.

Steps to dissolving a nonprofit File a final form. In this type of dissolution, the IRS mandates that the board of directors of the nonprofit organization complete certain requirements to "dissolve," or shut down, the 501(c)(3). ... Vote for dissolution. ... File Form 990. ... File the paperwork.

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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