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Under Texas law, a member of an LLC may neither voluntarily withdraw nor be expelled from a Texas LLC. However, an agreement can modify this statutory default prohibition.
To withdraw or cancel your foreign Texas Corporation in Texas, you provide the completed Form 608, Certificate of Withdrawal of Registration in duplicate to the Secretary of State by mail, fax or in person.
Form 704 is a report that needs to be filed with the Internal Revenue Service (IRS) by executors and administrators of estates for the purpose of reporting and paying estate taxes.
Certificate of withdrawal of registration must be accompanied by a certificate of account status from the Texas Comptroller of Public Accounts indicating that all taxes administered by the Comptroller under Title 2, Tax Code have been paid and that the entity is in good standing for the purpose of withdrawal.