The North Carolina Articles of Dissolution with the Secretary of State refers to the legal document that a corporation or limited liability company (LLC) files to officially dissolve their existence with the Secretary of State's office in North Carolina. This process marks the formal termination of the company's operations and obligations, ensuring a proper and legally recognized end to its business activities. The filing of the NC Articles of Dissolution with the Secretary of State is a crucial step in closing a corporation or LLC in North Carolina. It involves certain key details that must be provided accurately to successfully dissolve the entity. These details typically include the name of the company, its identification number, and the reason for dissolution, among others. It's important to note that there may be different types of NC Articles of Dissolution with the Secretary of State, depending on the situation or circumstances under which the dissolution occurs. Some common types or variations of the NC Articles of Dissolution include: 1. Voluntary Dissolution: This type of dissolution occurs when the owners or shareholders of a corporation or LLC make a unanimous decision to close the company voluntarily. They file the NC Articles of Dissolution with the Secretary of State to formally notify the government and public about the cessation of the entity's operations. 2. Administrative Dissolution: An administrative dissolution takes place when an entity fails to comply with certain statutory requirements, such as filing annual reports or paying necessary fees. In this case, the Secretary of State may initiate the dissolution process, and the company has the opportunity to rectify the issue before the dissolution becomes final. 3. Judicial Dissolution: This type of dissolution occurs when a court orders the dissolution of a corporation or LLC due to various reasons, such as mismanagement, fraudulent activities, or deadlock among shareholders. The court may require the filing of NC Articles of Dissolution to officially terminate the company's existence. To complete the NC Articles of Dissolution with the Secretary of State, the filer must carefully provide all the relevant information required by the state's statutes. It is advisable to consult an attorney or professional service experienced in corporate law to ensure accurate completion and submission. Once the documents are filed, the Secretary of State's office will review and process the dissolution request, marking the official end of the company's legal existence within North Carolina.
Nc Articles Of Dissolution With The Secretary Of State
Description
How to fill out North Carolina Dissolution Package To Dissolve Corporation?
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FAQ
If you want to close a North Carolina business, you do so by voluntarily filing Articles of Dissolution for the entity type (Business Corporation, Nonprofit Corporation, Limited Liability Company (LLC)).
Although the content will vary, certain elements should be included in every letter of dissolution. These include: The name of the recipient and the name of the person sending the letter. The purpose of the letter, including the relationship to be terminated and the date of termination, stated in the first paragraph.
There are three ways you can submit your document. Online through our PDF Upload Portal. Mail. Type of Document. ... You may deliver your documents directly to us in person between a.m. and p.m. Monday through Friday excluding weekends and State holidays. ... *Make checks payable to "NC Secretary of State".
Submit the Articles of Dissolution and the Coversheet to the SOS online, by mail, or in person and include payment. The North Carolina SOS accepts cash, certified checks, money orders, business or personal checks (with address and telephone number). Checks, etc., should be payable to North Carolina Secretary of State.
First, you need to be sure to include the legal name of your company. Second, your articles of dissolution should state the date when your company will be dissolved. Finally, there should be a statement that your corporation's board of directors or your LLC's members approved the dissolution.