What does administratively dissolved mean in Florida?

Administrative dissolution is an action taken by the Secretary of State that results in the loss of a business entity's rights, powers and authority. Reinstatement is the action taken that restores an administratively dissolved business entity's rights, powers, and authority.

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Sample Letter for Certificate of Administrative Dissolution -...

Admin Dissolution For Annual Report Sunbiz

Category:

Letters - Legal - Corporations

State:

Multi-State

Control #:

US-0080LTR

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Instant download

Description

The Admin Dissolution for Annual Report Sunbiz form is crucial for businesses in Florida that have faced administrative dissolution due to the failure to file their annual report. This form serves as a notification regarding the administrative dissolution status and provides the necessary information for reinstatement. Key features include clear instructions for filling out the form, deadlines for submission, and contact information for resolving the dissolution issue. Users are encouraged to reach out promptly after receiving the form to discuss potential steps for reinstating the corporation. The document is designed for ease of understanding, making it accessible to individuals with varying levels of legal experience. Target audiences, including attorneys, partners, owners, associates, paralegals, and legal assistants, will find this form instrumental in managing corporate compliance and maintaining business operations. By addressing administrative dissolution quickly, businesses can avoid additional penalties and restore their active status efficiently.

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How to fill out Sample Letter For Certificate Of Administrative Dissolution - Revocation?

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FAQ

Owners only need to complete Section 4 to cancel their DBA. Once the pertinent section is completed, the fictitious name holder must return the completed application with a check or money order, made out to the Florida Department of State. They must also pay a $50 application fee.

(3) A corporation administratively dissolved continues its corporate existence but may not conduct any affairs except that necessary to wind up and liquidate its affairs under s. 617.1405 and adopt a plan of distribution of assets pursuant to s. 617.1406.

Administrative dissolution is an action taken by the Secretary of State that results in the loss of a business entity's rights, powers and authority. Reinstatement is the action taken that restores an administratively dissolved business entity's rights, powers, and authority.

Admin dissolution for annual report definition is the temporary removal of a company's ability to conduct business in the state of registration because they failed to file the required annual reports or follow other legal guidelines.