Hawaii Termination of Operating Agreement

State:
Multi-State
Control #:
US-OG-768
Format:
Word; 
Rich Text
Instant download

Description

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.

How to fill out Termination Of Operating Agreement?

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FAQ

To dissolve your Hawaii Corporation, file Form DC-13, Hawaii Articles of Dissolution with the Hawaii Department of Commerce and Consumer Affairs, Business Registration Division (BREG) by mail, fax, or in person. The articles of dissolution cannot be filed online.

If I decide to stop operating my business, do I need to cancel my license? Yes. Cancel your license by signing into Hawaii Tax Online or cancel your license(s) by submitting a Form GEW-TA-RV-1.

After voting for the closure of your company, you will have to file formal paperwork with the Business Registration Division of the Department of Commerce and Consumer Affairs. Use Form LLC-11 Articles of Termination. You can submit by mail, fax, or in-person. The filing comes with a $25 fee.

To dissolve a corporation, California's default rules call for written consent by shareholders holding at least 50% of the voting power?the same minimum requirement if there was a vote at a meeting. However, the corporation's articles can require a higher voting percentage.

Steps to Take to Close Your Business File a Final Return and Related Forms. Take Care of Your Employees. Pay the Tax You Owe. Report Payments to Contract Workers. Cancel Your EIN and Close Your IRS Business Account. Keep Your Records.

An operating agreement is a document that outlines the way your LLC will conduct business. You aren't required to file an operating agreement in Hawaii, but it is an essential component of your business.

Hawaii Limited Liability Company Dissolution FAQ There is a $25 filing fee to dissolve your Hawaii Limited Liability Company. Processing may be expedited for an additional $25 fee.

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Hawaii Termination of Operating Agreement