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) do I file to dissolve my California Nonprofit Corporation? Form to Use Nonprofit Short Form Dissolution Certificate Form DSF NP Form DSF NP can be filed by a California nonprofit public benefit, mutual benefit or religious corporation if all requirements are met. Requirements All of the following statements about the California nonprofit corporation must be true in order to file Form DSF NP: a) Was registered in California within the last 24 months; b) Has no debts or other liabilities, exc.
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Incorporators FAQ
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How long does it take to dissolve a California business? The California Secretary of State's processing times vary based on traffic, but it will probably take their office around 3-4 weeks to process your dissolution.
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To dissolve a corporation, California's default rules call for written consent by shareholders holding at least 50% of the voting power—the same minimum requirement if there was a vote at a meeting. However, the corporation's articles can require a higher voting percentage. (Cal. Corp.
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How do you dissolve a California Corporation? To dissolve a California corporation, submit the appropriate form(s) to the California Secretary of State (SOS) by mail or in person. The dissolution forms are available on the SOS website and can be filled in online then printed out.
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File the appropriate dissolution, surrender, or cancellation SOS form(s) within 12 months of filing your final tax return. Currently, LLCs can submit termination forms online. Online submission for Corporation and Partnership dissolution/cancellation forms is not available at this time.
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The completed form can be mailed to Secretary of State, Document Filing Support Unit, 1500 11th Street, 3rd Floor, Sacramento, CA 95814 or delivered in person (drop off) to the Sacramento office.
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The corporation must file 1) A certificate of dissolution (Form DISS NP) and 2) an election to wind up and dissolve with the Secretary of State (Form ELEC NP). The election to wind up and dissolve is only necessary if the dissolution is not by unanimous consent of all members or directors.
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If your shareholders vote unanimously to dissolve your California corporation, but you cannot answer YES to all of the above statements (A-H), then the form you need to file is the Certificate of Dissolution (Form DISS STK). There is no fee for filing a Certificate of Dissolution.
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