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Administrative dissolution is the taking away of the rights, powers, and authority of a domestic corporation, LLC, or other statutory business entity by the state administrator overseeing business entities, due to the entity's failure to comply with certain obligations of the business entity statute.
What does administrative dissolution mean? It means the corporation or limited liability company was ?administratively dissolved? by the Secretary of State in ance with Georgia law. Upon dissolution, an entity may no longer carry on any business other than to wind up and liquidate its business and affairs.
If a Georgia corporation has issued shares and commenced business, you will first file form CD-410, Notice of Intent to Dissolve form with the Georgia SOS. Form CD-412, Articles of Dissolution, Profit Organization can be filed at the same time, or later, but must be a separate document.
Georgia LLCs can only be reinstated within five years of administrative dissolution. After five years, the state requires a new entity be formed.
You may file a reinstatement application online at ecorp.sos.ga.gov. Should you wish to file your reinstatement application by mail or hand-delivery to our office, you must print the reinstatement application form, complete it and mail it in with a check or money order for payment of the fee.