The Delaware Application For Cancellation of Reservation of A Limited Liability Company Name Pursuant To Title 6, Section 18-103 is an application filed with the Delaware Secretary of State to formally cancel the reservation of a limited liability company’s (LLC) name. The application is used when a business owner no longer wants to reserve the name of their LLC for future use and is the first step in the process of dissolving the LLC. The application must be completed and signed by an authorized person of the LLC, and must include information such as the LLC’s name, the date the LLC was formed, the date of the name reservation, and the reason for cancellation. There are two types of Delaware Application For Cancellation of Reservation of A Limited Liability Company Name Pursuant To Title 6, Section 18-103: (1) an application for cancellation of a name reservation that was originally filed with the Delaware Secretary of State, and (2) an application for cancellation of a name reservation that was originally filed with another state.
Delaware Application For Cancellation of Reservation of A Limited Liability Company Name Pursuant To Title 6, Section 18-103
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A limited partnership can file a statement of cancellation with the Delaware Department of State, Division of Corporations. The filing will include a fee of $200. The dissolution of a limited partnership occurs when: The winding up process has been completed.
A member, manager or liquidating trustee of a limited liability company shall be fully protected in relying in good faith upon the records of the limited liability company and upon information, opinions, reports or statements presented by another manager, member or liquidating trustee, an officer or employee of the
§ 18-101. Definitions. As used in this chapter unless the context otherwise requires: (1) ?Bankruptcy? means an event that causes a person to cease to be a member as provided in § 18-304 of this title.
The rights, privileges, powers and interests in property of the limited liability company that has transferred or domesticated or continued, as well as the debts, liabilities and duties of such limited liability company, shall not be deemed, as a consequence of the transfer or domestication or continuance out of the
Unless otherwise provided in a limited liability company agreement, a person may be admitted as the sole member of a limited liability company without making a contribution or being obligated to make a contribution to the limited liability company or without acquiring a limited liability company interest in the limited
Subject to such standards and restrictions, if any, as are set forth in its limited liability company agreement, a limited liability company may, and shall have the power to, indemnify and hold harmless any member or manager or other person from and against any and all claims and demands whatsoever.
As noted, under Section 18-301(d), a person may be admitted to an LLC and may receive an LLC interest without making a contribution or being obligated to do so. Nonvoting Members. Under Section 18-301(d), an LLC agreement may provide that any class or group of members shall have no voting rights. Section 18-302(a)(3).