The Iowa Resolution to Adopt Fictitious Name [490.401] is a document that allows a business to operate under a different or assumed name in the state of Iowa. The resolution must be filed with the Iowa Secretary of State and must include the type of business, the assumed name, the county in which the business is located, the beginning and ending date of the assumed name, and the name and address of each individual or corporation that has an ownership interest in the business. There are two different types of resolutions; a General Resolution and a Statement of Authority. The General Resolution must be adopted by the directors or members of the business and the Statement of Authority must be adopted by the officers of the business. Once the resolution is filed with the Iowa Secretary of State, the assumed name can be used in any and all business activities.
Iowa Resolution to Adopt Fictitious Name [490.401]
Description
How to fill out Iowa Resolution To Adopt Fictitious Name [490.401]?
If you are seeking a method to correctly prepare the Iowa Resolution to Adopt Fictitious Name [490.401] without engaging a legal expert, then you are in the perfect place.
US Legal Forms has established itself as the most comprehensive and esteemed library of official templates for all personal and business needs. Every document you find on our online platform is created in compliance with federal and state laws, assuring you that your paperwork is in order.
Another fantastic feature of US Legal Forms is that you will never misplace the documents you have purchased - you can find any of your downloaded templates under the My documents tab in your profile whenever you need them.
- Verify that the document displayed on the page corresponds with your legal circumstance and state laws by reviewing its text description or utilizing the Preview mode.
- Enter the document title in the Search tab at the top of the page and select your state from the list to discover another template if there are any discrepancies.
- Repeat the content check and click Buy now when you are certain that the paperwork meets all requirements.
- Log in to your account and click Download. If you do not have an account yet, register for the service and select a subscription plan.
- Use your credit card or the PayPal option to purchase your US Legal Forms subscription. The blank will be available for download immediately afterward.
- Select the format you prefer to receive your Iowa Resolution to Adopt Fictitious Name [490.401] and download it by clicking the appropriate button.
- Upload your template to an online editor for quick completion and signature or print it out to manually prepare your hard copy.
Form popularity
FAQ
Iowa Fictitious Name Resolution Registration of a fictitious name is required for most entities that plan to use an assumed name. Sole-proprietorships and general partnerships that use an alternate name are required to file with the county recorder.
Liquidation of Assets After a company is dissolved, it must liquidate its assets. Liquidation refers to the process of sale or auction of the company's non-cash assets. Note that only those assets your company owns can be liquidated. Thus, you can't liquidate assets that are used as collateral for loans.
Shareholders must authorize the liquidation and dissolution of the corporation by special resolution. If there is more than one class or group of shareholders, each class or group must pass a special resolution to authorize the dissolution even if these shareholders are not otherwise entitled to vote.
Dissolving a corporation successfully takes several key steps. Such requirements may vary across the fifty states. Generally, it is recommended that business owners get legal assistance to file the necessary documents with the proper state agencies.
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).
Iowa corporate bylaws define the internal rules of a corporate business entity and are adopted by the board of directors after articles of incorporation have been filed with the Secretary of State. The bylaws must be drafted into a legal document by the directors and kept at the executive office.
While there is no legal requirement that a corporation must dissolve if it's no longer doing business, there are good reasons to do so. A small business that remains incorporated, even if it is inactive, must continue to file state and federal income taxes, even if it did no business during the year and had no income.