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Kentucky Cancellation of Statement Of Qualification (Limited Liability Partnership)

State:
Kentucky
Control #:
KY-SKU-0832
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PDF
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Description

Cancellation of Statement of Qualification

Kentucky Cancellation of Statement of Qualification (Limited Liability Partnership) is a legal document filed with the Kentucky Secretary of State. It is used to dissolve the limitations on the liability of the partners of a limited liability partnership (LLP). It is also used to terminate the registration of the LLP in the state of Kentucky. There are two types of Kentucky Cancellation of Statement of Qualification (Limited Liability Partnership): Voluntary Cancellation and Administrative Cancellation. Voluntary Cancellation is filed by the partners of the LLP and requires the LLP to pay all debts and liabilities before the cancellation is effective. Administrative Cancellation is filed by the Kentucky Secretary of State when the LLP fails to pay its annual registration fees or comply with other requirements of the state. The LLP must also pay all debts and liabilities before the cancellation is effective.

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FAQ

To change your registered agent in Kentucky, you must complete and file a Statement of Change of Registered Agent form with the Kentucky Secretary of State. The Kentucky Statement of Change of Registered Agent must be submitted by mail, in person, or online and costs $10 to file.

To amend your Kentucky Articles of Incorporation, submit the Articles of Amendment and an exact copy to the Kentucky Secretary of State (SOS). The form is in your online account when you sign up for registered agent service with Northwest. You can also find the form on the SOS website.

To register a foreign corporation in Kentucky, you must file a Kentucky Certificate of Authority with the Kentucky Secretary of State. You can submit this document by mail, online, or in person. The Certificate of Authority for a foreign Kentucky corporation costs $90 to file.

The main difference between a Limited Liability Limited Partnership and a Limited Partnership is to limit the vicarious liability of the general partners in the same fashion that registration as an Limited Liability Partnership limits the liability of the general partners of a general partnership.

Documents required for LLC Incorporation in USA Legal Name of Partners. Percentage of partnership for each partner. A Certified Copy of Passport. Existing Foreign Tax Id Number (Pan Card) Original Voter ID Card and Driving License (Incase Certified Passport is not available)

The Certificate of Limited Liability Partnership is a more generalized form than a Limited Liability Partnership Agreement. The application for the certificate requires the listing of your business' name and address, the names and contact info of your partners, information on your registered agent, etc.

An LLP is formed by filing a statement of qualification with the state. LLP status is effective on the date that statement is filed, unless a later date is specified in the statement. The filing of a statement of qualification to transform a partnership into an LLP does not create a new partnership.

How do I amend a foreign LLC in Kentucky? You can amend your LLC by filing an Amended Certificate of Authority with the SOS. There is a $40 filing fee. Once the amendment has been approved, the SOS will mail a stamped postcard to your LLC's principal office that proves the foreign LLC has been amended.

You can register as a foreign LLC in Kentucky by filing a Certificate of Authority application with the Secretary of State and paying the $90 state fee.

More info

The cancellation of a statement of qualification transforms the LLP into a simple partnership but does not trigger dissolution. The state may revoke the statement of qualification of an LLP for the failure to file an annual report; this revocation has the same effect as cancellation.What you get: Instant access to fillable Microsoft Word or PDF forms. The partnership cancels its Statement of Qualification. 5. The Partnership certifies that it has no outstanding tax obligations. The status remains effective, regardless of changes in the partnership, until the statement is canceled pursuant to section 486A. Use this form to file a Statement of Amendment or Cancellation. The limited liability partnership cancels its statement of qualification. 4. Future Effective date: A future effective date must be within 90 days of filing dat. 3. The domestic limited liability partnership has not filed a cancellation of its statement of qualification.

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Kentucky Cancellation of Statement Of Qualification (Limited Liability Partnership)