Illinois Dissolution of Unit

State:
Multi-State
Control #:
US-OG-367
Format:
Word; 
Rich Text
Instant download

Description

This form is used when the present owners of the Leases (or portions of the Leases) that are included in a Unit desire to dissolve the Unit, terminate its existence, and declare the Leases to no longer be included in the Unit.
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How to fill out Dissolution Of Unit?

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FAQ

The default rule is that approval is by majority vote of the directors. Alternatively, the board can approve dissolution if all directors give their written consent. Make sure to properly record the resolution to dissolve, directors' votes or written consents, and members' votes or written consents.

To legally separate in Illinois, one spouse will need to file a request with a circuit court in the county where they live. They can also file in the county they last lived in as a couple. A court clerk will be able to give you the forms you need.

First, you need to be sure to include the legal name of your company. Second, your articles of dissolution should state the date when your company will be dissolved. Finally, there should be a statement that your corporation's board of directors or your LLC's members approved the dissolution.

This is done by filing a form with the Illinois Secretary of State called ?Articles of Dissolution? (Form BCA 12.20) and paying a nominal fee. The form will contain some basic information regarding your corporation as well as the method by which you obtained shareholder authorization for the dissolution.

The Certificate of Dissolution must be filed in every divorce case, whether it is a marriage or a civil union. The information you provide in the form is used by the Illinois Department of Public Health for statistical purposes. It does not have anything to do with whether a divorce is granted by the judge.

Prepare a Petition for Dissolution of Marriage, which will be filed with the Circuit Court Clerk. Each Petition for Dissolution of Marriage should include the following information: Date of marriage and the state and county in which it was registered.

How do you dissolve an Illinois Corporation? To dissolve your corporation in Illinois, you submit in duplicate the completed BCA 12.20, Articles of Dissolution form by mail or in person to the Secretary of State along with the filing fee.

How to Dissolve an Illinois LLC. To dissolve/terminate your domestic LLC in Illinois, you must submit the completed form LLC-35-15, Statement of Termination in duplicate to the Illinois Secretary of State by mail or in person along with the filing fee.

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Illinois Dissolution of Unit