Iowa Statement of Cancellation

State:
Iowa
Control #:
IA-SKU-0349
Format:
PDF
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Description

Statement Of Cancellation

The Iowa Statement of Cancellation is a form used by Iowa-based consumers to cancel a contract or purchase agreement in certain circumstances. It is a legal document that serves to protect consumers' rights in the event of a dispute with a vendor or supplier. The Iowa Statement of Cancellation form is available from the Iowa Attorney General's office, and must be completed and signed by the consumer in order to be legally binding. There are three types of Iowa Statement of Cancellation: Cancellation of a Service Agreement, Cancellation of a Home Solicitation Sale, and Cancellation of an Automobile Sale. The Cancellation of a Service Agreement is used when a consumer is cancelling a service contract, such as for repairs, installation, or maintenance. The Cancellation of a Home Solicitation Sale is used when a consumer is cancelling the purchase of goods or services that were solicited at a consumer's home, place of employment, or dormitory. The Cancellation of an Automobile Sale is used when a consumer is cancelling the purchase of a vehicle. All of these documents must be filled out and signed in order to be legally binding. The Iowa Statement of Cancellation is also accompanied by a Notice of Cancellation that must be sent to the vendor or supplier within three business days of signing the form. The Notice of Cancellation should include the consumer's name, the vendor's name and address, and the date of the cancellation.

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FAQ

A Biennial Report in Iowa is a regular filing that your entity must file every two years with the Secretary of State's Office. The year in which you file your Biennial Report will depend on the structure of your business entity.

A certificate of organization form, sometimes referred to as the articles of organization, is the document that one must complete and submit to the state to establish the creation of an LLC within Iowa. It sets forth the name of the proposed company and contact information for its registered agent, among other details.

What to file You must submit a statement of dissolution and termination, and filing fees to the Iowa Secretary of State Business Services Division to formally dissolve your LLC. By filing these statements, you are formally terminating the LLC's status as a business entity registered directly with the state.

How do you dissolve an Iowa Corporation? To dissolve your Iowa corporation, file Articles of Dissolution with the Secretary of State (SOS). There is no SOS dissolution form. Draft your Articles of Dissolution and submit the document and filing fee to the Iowa Secretary of State, Business Services Division (SOS).

To close an LLC completely, you need to file a final tax return with the state and the IRS. Make sure you check the box to show this is the final return for the LLC. Fill out Schedule K-1 and give a copy to each member so that they know what to report on their own personal taxes in terms of losses and gains.

Changes in LLC membership are recorded on your Iowa LLC's operating agreement. The operating agreement contains your members' names and addresses, which means that when you want to add a new member, you just need to update your LLC's operating agreement with the new member's information.

As stated earlier, dissolving an LLC requires you to submit formal paperwork. In Iowa, this document is known as the Statement of Dissolution. The filing comes with a $5 fee. The Business Services Division of the Secretary of State normally takes 2-3 business days to finish processing LLC filings.

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Iowa Statement of Cancellation