Georgia Liquidation Proposal
Description
How to fill out Liquidation Proposal?
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FAQ
A corporation that has issued shares and commenced business may dissolve by filing a Notice of Intent to Dissolve pursuant to O.C.G.A. 14-2-1403 and Articles of Dissolution pursuant to O.C.G.A. 14-2-1408. Form CD 410 and CD 412 may be used for this purpose.
Fill Out & File an Application Visit the Secretary of State's online services page. Create a user account. Select ?name reservation?. Fill out your personal information and three desired names, in order of preference. Pay the $25 filing fee by approved credit card: Visa, MasterCard, American Express, or Discover.
How to Transfer Ownership of a Georgia LLC Consult Your Georgia LLC Operating Agreement. When transferring LLC ownership, it's crucial that you follow the policies in your operating agreement. ... Vote to Transfer Membership Interest. ... Amend Your Operating Agreement. ... Change the IRS Responsible Party.
Businesses that are incorporated in another state will typically apply for a Georgia certificate of authority. Doing so registers the business as a foreign entity and eliminates the need to incorporate a new entity. Operating without a certificate of authority may result in penalties or fines.
To remove a member from your LLC, a withdrawal notice, a unanimous vote, or a procedure depicted in the articles of organization may entail. The member in question of removal may need to get compensated for his share of membership interests.
To end a Georgia LLC, just file form CD-415, Certificate of Termination, with the Georgia Secretary of State, Corporations Division (SOS). The certificate of termination is available on the Georgia SOS website or your Northwest Registered Agent online account. You are not required to use SOS forms.
Is there a filing fee to dissolve or cancel a Georgia LLC? There is no fee to file the Certificate of Termination for a Georgia LLC. There is a $100 fee for 24 hour expedited processing. Your Georgia registered agent may be able to help you with the dissolution process.
A domestic corporation or limited liability company (?LLC?) that is administratively dissolved may apply for reinstatement within 5 years of the date of the administrative dissolution by filing an application for reinstatement.
