Indiana Sample Letter for Certificate of Administrative Dissolution - Revocation
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How to fill out Sample Letter For Certificate Of Administrative Dissolution - Revocation?
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Completing the reinstatement process online saves both time and money: Certificate of Clearance from the Department of Revenue. Completed Application for Reinstatement. Completed Business Entity Report.
People who continue to operate a business that has been dissolved, are taking a serious risk. That's because once the company dissolves, the corporate protections no longer exist. That means that someone who operates the dissolved business, can be sued personally for anything the (dissolved) company does.
Administrative dissolution is an action taken by the Secretary of State that results in the loss of a business entity's rights, powers and authority. Reinstatement is the action taken that restores an administratively dissolved business entity's rights, powers, and authority.
If your business has been administratively dissolved or revoked, you cannot conduct business in Indiana. Don't panic. If you intend to continue doing business, you can reinstate the business if it has not been administratively dissolved or revoked for more than five (5) years.
When the revocation of dissolution is effective, it relates back to and takes effect as of the effective date of the dissolution and the corporation resumes carrying on its business as if dissolution had never occurred.
Administrative dissolution is an involuntary dissolution action taken by the Secretary of State, or whatever they call it in your state, that results in the loss of the business entity's rights to do business in that particular location.
Obtaining a Certificate of Clearance Submit an Affidavit for Reinstatement (AD-19) and a Responsible Officer Information form (ROC-1) to the. Indiana Department of Revenue. ... Wait for the Certificate of Clearance to be mailed to you by the Department of Revenue. ... Process an Application for Reinstatement through INBiz.
