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District of Columbia Articles of Dissolution of Domestic Non Profit...

District of Columbia Articles of Dissolution of Domestic Non Profit Corporation

Name: District of Columbia Articles of Dissolution of Domestic Non Profit Corporation
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.73 (488 reviews)

Category:

District of Columbia Secretary of State - Corporations Division - Domestic-Nonprofit

State:

District of Columbia

Control #:

DC-SKU-0383

Format:

Instant download

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Articles of Dissolution of Domestic Non Profit Corporation The District of Columbia Articles of Dissolution of Domestic Non Profit Corporation is a legal document that is filed with the District of Columbia Department of Consumer and Regulatory Affairs (DORA) when a domestic non-profit corporation wishes to dissolve and terminate its corporate existence. The document must be signed by the directors of the corporation, and it must include information regarding the name and address of the corporation, the date of dissolution, the number of authorized shares of the corporation, the name and address of the registered agent, and any other required information. There are two types of District of Columbia Articles of Dissolution of Domestic Non Profit Corporation: Voluntary Dissolution and Judicial Dissolution. A Voluntary Dissolution is filed when the directors of the corporation agree to dissolve the corporation, while a Judicial Dissolution is filed when the corporation is ordered to be dissolved by a court of law.

The District of Columbia Articles of Dissolution of Domestic Non Profit Corporation is a legal document that is filed with the District of Columbia Department of Consumer and Regulatory Affairs (DORA) when a domestic non-profit corporation wishes to dissolve and terminate its corporate existence. The document must be signed by the directors of the corporation, and it must include information regarding the name and address of the corporation, the date of dissolution, the number of authorized shares of the corporation, the name and address of the registered agent, and any other required information. There are two types of District of Columbia Articles of Dissolution of Domestic Non Profit Corporation: Voluntary Dissolution and Judicial Dissolution. A Voluntary Dissolution is filed when the directors of the corporation agree to dissolve the corporation, while a Judicial Dissolution is filed when the corporation is ordered to be dissolved by a court of law.

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If the leadership of the organization decides that winding down is the best option, the organization will need a ?plan of dissolution.? A plan of dissolution is essentially a written description of how the nonprofit intends to distribute its remaining assets and address its remaining liabilities.

To officially dissolve your business in D.C., you must file a formal dissolution document with the Washington D.C. Corporations Commission of the Department of Consumer and Regulatory Affairs (DCRA). The two most common forms are: Corporations ? Articles of Dissolution of a Domestic For-profit Corporation ? Form DBU-7.

The District is home to an estimated 13,600 registered nonprofits, with a median revenue of $56,600 among organizations reporting annual revenue data.

§ 29?412.22. (a) The Superior Court in a judicial proceeding brought to dissolve a nonprofit corporation may appoint one or more receivers to wind up and liquidate, or one or more custodians to manage, the affairs of the corporation.

Dissolution is the end of the legal existence of a corporation. It usually occurs after liquidation, which is the process of paying debts and distributing assets. There are several methods by which a corporation may be dissolved. The first is voluntary dissolution, which is an elective decision to dissolve the entity.

Steps to dissolve, surrender, or cancel a California business entity File all delinquent tax returns and pay all tax balances, including any penalties, fees, and interest. File the final/current year tax return.Cease doing or transacting business in California after the final taxable year.

You must file Form 966, Corporate Dissolution or Liquidation, if you adopt a resolution or plan to dissolve the corporation or liquidate any of its stock. You must also file your corporation's final income tax return.

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Instructions for completing Form CD 530. (Articles of Dissolution of Nonprofit Corporation).Eventually, a "certificate" or "articles of dissolution" will be filed with the state agency that handles corporate registrations. Submit original completed paperwork and payment to: 302 West Washington Street, Room E-018, Indianapolis, IN 46204. 1. The resolution to dissolve was adopted at a meeting of the members of said corporation. A quorum of members was present at such meeting. Complete and file a Certificate of Dissolution with the Department of State. Home; Domestic Nonprofit Corporation Articles of Dissolution. Description. This form can be filled out on your computer and then printed. Category. Read all instructions prior to completing.

District of Columbia Articles of Dissolution of Domestic Non Profit Corporation

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