Indiana 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

Hear this out loud PauseThe Certificate of Dissolution puts all on notice that the LLC has elected to wind up the business of the LLC and is in the process of paying liabilities and distributing assets. In order to terminate the LLC, the LLC also must file a Certificate of Cancellation (Form LLC-4/7).

To dissolve an Indiana Corporation that has not yet conducted business, file Form 39035, Articles of Dissolution Prior to Issuing Shares or Commencing Business. Submit one original and one copy to the SOS by mail, express mail, or in person.

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.

Close your business Decide to close. Sole proprietors can decide on their own, but any type of partnership requires the co-owners to agree. ... File dissolution documents. ... Cancel registrations, permits, licenses, and business names. ... Comply with employment and labor laws. ... Resolve financial obligations. ... Maintain records.

To dissolve your LLC in Indiana, submit one original and one copy of the Indiana Articles of Dissolution (Form 49465) to the Indiana Secretary of State (SOS) by mail or in person. Articles of Dissolution can be filed online if you pay using an IN.gov payment account or a MasterCard, Discover or Visa credit card.

Hear this out loud PauseTo remove a member from your LLC, a withdrawal notice, a unanimous vote, or a procedure depicted in the articles of organization may entail. The member in question of removal may need to get compensated for his share of membership interests.

To dissolve a limited partnership in Indiana, you must file a certificate of dissolution with the Secretary of State. Regardless of which type of partnership you have, there are a few other things you'll need to consider when dissolving a partnership in Indiana.

Hear this out loud PauseAdministrative 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.

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Indiana Dissolution of Unit