Dear [Recipient's Name], RE: DISSOLUTION OF CORPORATION I hope this letter finds you well. I am writing to formally notify you of the dissolution of [Corporation Name] in accordance with the state laws of Kansas. Please consider this letter as an official announcement of the closure of our company. [Corporation Name] is an established corporation based in the state of Kansas. After careful consideration and evaluation, the board of directors and shareholders have unanimously decided to dissolve the corporation. This decision has been made due to various reasons such as [mention reasons, for example, financial constraints, changes in market conditions, shifts in business objectives, or retirement of key individuals]. Please be aware that the dissolution process adheres to the legal requirements set forth by the Kansas Business Corporation Act. We have complied with all necessary procedures, including notifying the Kansas Secretary of State and settling outstanding obligations, to legally dissolve the corporation. As part of the dissolution process, the remaining assets and liabilities of [Corporation Name] will be handled in accordance with Kansas state laws governing the dissolution of corporations. The remaining assets will be liquidated and distributed to the shareholders in proportion to their respective ownership interests, after settling all outstanding debts and liabilities. Additionally, any unresolved legal matters or pending lawsuits will be concluded in accordance with applicable laws. It is important to note that [Corporation Name]'s dissolution does not affect any contracts or agreements previously entered into by the corporation. All obligations and commitments made by [Corporation Name] will remain valid and enforceable until their specified terms expire. In light of the corporation's dissolution, effective [Effective Date], all services and operations provided by [Corporation Name] will cease. We kindly request that you update your records accordingly and direct any future correspondence or inquiries to the following address: [Contact Person] [New Mailing Address] [City, State, ZIP Code] [Phone Number] [Email Address] For any further assistance or if you have any questions pertaining to this process, please do not hesitate to contact us. Our team will be available during the winding-up period to address any concerns you may have. Thank you for your support and cooperation throughout the years. We sincerely appreciate the business relationship and trust you have placed in [Corporation Name]. Our team members are grateful for the opportunity to have served you. Yours sincerely, [Your Name] [Your Title] [Corporation Name] [Corporation Address] [City, State, ZIP Code] [Phone Number] [Email Address] Keywords: Kansas, dissolution of corporation, corporation closure, Kansas Business Corporation Act, corporate assets, liquidation, outstanding debts, legal matters, pending lawsuits, contracts, obligations, effective date, update records.
Kansas Sample Letter for Dissolution of Corporation
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How to fill out Kansas Sample Letter For Dissolution Of Corporation?
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FAQ
To dissolve your corporation in Pennsylvania, you provide the completed Articles of Dissolution-Domestic (DSCB: 15-1977/5877) form to the Department of State, Corporation Bureau, by mail or in person. You may fax file if you have a customer deposit account with the Bureau.
Although the content will vary, certain elements should be included in every letter of dissolution. These include: The name of the recipient and the name of the person sending the letter. The purpose of the letter, including the relationship to be terminated and the date of termination, stated in the first paragraph.
This intent to dissolve should include the following information: A detailed description of the claim. Information regarding the claim, the amount of the claim, and whether it is admitted to or not. A mailing address where any claims can be sent. A deadline: This must be at least 120 days after the written notice date.
Online filing: You can dissolve your Kansas corporation by filing electronically on the Kansas.gov Business Center website. You can get there by going to the SOS website and clicking on ?Business Filing Center.? Then you can choose to file the dissolution.
If you're shutting your business down completely, you must file Articles of Dissolution to terminate your company's existence. If you discontinue business in a state where you had foreign qualified, you must file Articles of Withdrawal to avoid fines, penalties, and a potential loss of liability protection.
Articles of dissolution are the reverse of organization or incorporation articles ? they end your business entity's existence.
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.
Is there a filing fee to dissolve or cancel a Kansas LLC? It costs $35 to dissolve your Kansas LLC. If you file online, dissolution will only cost $30.
