This form is used when all activities and operations on the Contract Area have ceased, and the Agreement is deemed, as of the Effective Date stated above, to have terminated, and the Contract Area, and all interests in it, are no longer subject to the terms and provisions of the Agreement.
Arizona Termination of Operating Agreement
Category:
State:
Multi-State
Control #:
US-OG-768
Format:
Word;
Rich Text
Instant download
Description
How to fill out Termination Of Operating Agreement?
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FAQ
If you want to legally kill an Arizona LLC, the LLC must file Articles of Termination with the Arizona Corporation Commission and pay the $35 filing fee. I recommend you pay an addition $35 to the ACC for expedited review of the Articles of Termination. It is not necessary to publish anything in a newspaper.
Articles of Termination terminate the existence of an Arizona LLC that is dissolved (the LLC is going out of business). Articles of Termination shall be filed ?if all of the known property and assets of a limited liability company have been applied and distributed?.? See A.R.S. § 29-3702.
To reinstate your Arizona LLC, there's no reinstatement application to fill out. Instead, you'll need to correct the problem that led to administrative dissolution, file the proper paperwork, and pay the $100 reinstatement fee.
In general, the process of dissolving an LLC in Arizona involves several steps, including holding a meeting with all members to discuss and vote on dissolution, winding up the affairs of the LLC, filing Articles of Dissolution with the Arizona Corporation Commission, canceling all permits, licenses, and registrations, ...
To REMOVE a member - list the name only of the member being removed and check "Remove member." To ADD a member - list the name and address of the member being added and check "Add member." To CHANGE ADDRESS only - list the name and NEW address and check "Address change." To CHANGE NAME of existing member - list the ...
A Notice of Publication is a legal notice to the public that an LLC has been formed. For companies within Maricopa and Pima County, the ACC automatically posts this notice in its Public Notice Data Base. Arizona LLCs located in all other counties must publish notice in an approved newspaper.
Operating Agreements are not required in Arizona, but it's the one document you can have to clarify business management. It's an agreed upon legal document that outlines your LLCs terms ing to the members.
