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Delaware Short Form Certificate of Dissolution (Non Stock Corporation)

Delaware Certificate Of Dissolution Short Form

Name: Delaware Short Form Certificate of Dissolution (Non Stock Corporation)
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.81 (350 reviews)

Category:

Delaware Department of State - Division of Corporations - Dissolutions and Cancellations

State:

Delaware

Control #:

DE-DC-13-0

Format:

Instant download

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Description

Short Form Certificate of Dissolution (Non Stock Corporation) The Delaware Short Form Certificate of Dissolution (Non Stock Corporation) is a document used to officially dissolve a non-stock corporation incorporated in the state of Delaware. The form must be filed with the Delaware Secretary of State in order to officially dissolve the non-stock corporation. The form requires the name of the corporation, the date of incorporation, the file number, the names and addresses of the directors, and the signature of the president or a vice president of the corporation. There are two types of Delaware Short Form Certificate of Dissolution (Non Stock Corporation): General Certificate of Dissolution and Special Certificate of Dissolution. The General Certificate of Dissolution is used to dissolve a corporation with no outstanding liabilities or debts and now pending lawsuits. The Special Certificate of Dissolution is used to dissolve a corporation with outstanding liabilities or debts, pending lawsuits, or a pending merger.

The Delaware Short Form Certificate of Dissolution (Non Stock Corporation) is a document used to officially dissolve a non-stock corporation incorporated in the state of Delaware. The form must be filed with the Delaware Secretary of State in order to officially dissolve the non-stock corporation. The form requires the name of the corporation, the date of incorporation, the file number, the names and addresses of the directors, and the signature of the president or a vice president of the corporation. There are two types of Delaware Short Form Certificate of Dissolution (Non Stock Corporation): General Certificate of Dissolution and Special Certificate of Dissolution. The General Certificate of Dissolution is used to dissolve a corporation with no outstanding liabilities or debts and now pending lawsuits. The Special Certificate of Dissolution is used to dissolve a corporation with outstanding liabilities or debts, pending lawsuits, or a pending merger.

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Authorizing Dissolution With the resolution and plan in hand, Delaware law provides for voluntary dissolution as follows: by action of the governing body followed by a vote of the members. by unanimous consent of the members; or. if your nonprofit doesn't have members, by a vote of the governing body.

Steps to Cancel a Delaware LLC Consult the LLC Operating Agreement.Take a Member Vote.Appoint a Manager to Wind up the LLC's Affairs.Payoff Creditors, Current and Foreseeable, before paying Members.Pay The Delaware Franchise Tax.Pay the LLC's members.File a Certificate of Cancellation.

The short dissolution form is for corporations that have zero assets and aren't conducting business. In fact, these short dissolutions require just the minimum in-state franchise taxes for each year it was operating in the state.

To dissolve your domestic corporation in Delaware, you must provide the completed Certificate of Dissolution form to the Department of State by mail, fax or in person, along with the filing fee. Include a Filing Cover Memo with your name, address and telephone/fax number to enable them to contact you if necessary.

The long-form dissolution process has several key components, including notice to creditors, a bar date, publication notice and a court approval process. The short-form dissolution statute, like the dissolution statutes in most other states, has none of these components.

You need to send the state a Certificate of Cancellation and Cover Letter and pay the $200 filing fee. You can file the Certificate of Cancellation and Cover Letter by mail or online. The fee is the same for both filing methods. Note: The state used to have fax filings, but as of 2020, this is no longer an option.

The filing fee for the standard form is $204 for a one-page document and $9 for each additional page. The filing fee for the short form is $10. Filings are usually processed in 2-3 weeks. Various forms of expedited processing?one hour, two hours, same day, 24 hours?are available for additional fees.

A Delaware non-stock corporation has no capital stock and is required to disclose its non-profit intentions in its Articles of Incorporation at the time of filing. It is typically, but not exclusively, used by organizations that plan to apply for tax exemption under section 501(c)(3) of the IRS code.

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Instructions: • Complete and include this form with your paper submission. PURSUANT TO SECTION 276(b) AND 391 2.Delaware Division of Corporations. 401 Federal Street – Suite 4. Instructions for Completing the. Short Form Dissolution Certificate (Form DSF STK). Complete Schedule N (Form 990 or 990EZ), Liquidation, Termination, Dissolution or Significant Disposition of Assets. Complete and file the Certificate of Dissolution with the Department of State. Short title: Connecticut Revised Nonstock Corporation Act. The corporate structure determines the proper form; and.

Delaware Certificate Of Dissolution Short Form

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