A Kentucky Statement of Partnership Dissolution is a legal document used to dissolve a partnership in the state of Kentucky. It is filed with the Kentucky Secretary of State and provides the date of dissolution, the names of the partners, and the purpose of the dissolution. The document also requires a statement of facts and declarations of intent, and must be signed by all parties involved. There are two types of Kentucky Statement of Partnership Dissolution: voluntary and involuntary. A voluntary dissolution is initiated by the partners themselves and requires the consent of all parties. An involuntary dissolution is initiated by a court order and does not require the consent of all parties.
Kentucky Statement of Partnership Dissolution
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Statement Of Partnership Dissolution
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A reinstatement packet, consisting of an application for reinstatement, reinstatement annual report and statement of change of principal office and registered office (if you are making changes to your address) must be mailed to the Office of the Secretary of State.
In Kentucky, business entities are required by law to formally dissolve. In order to properly close, a domestic entity must file articles of dissolution, and a foreign entity must file a certificate of withdrawal. These forms are available for download on this website.
Mail filings: In total, mail filing approvals for Kentucky LLCs take around 1 week. This accounts for the 1 business day processing time after the Secretary of State receives your filing, plus the time your documents are in the mail. Online filings: Online filings for Kentucky LLCs are approved immediately.
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.
What does "inactive" status on a name search mean? Entities that are "inactive" are either in "good standing" or "bad standing." If an entity has "inactive status and bad standing," either the entity did not file an annual report for the year, or the registered agent has resigned and a new agent has not been appointed.
Is there a filing fee to dissolve or cancel a Kentucky LLC? There is a $40 filing fee to file Kentucky Articles of Dissolution.
Any corporation, limited liability company, limited partnership or limited liability limited partnership whose status was administratively dissolved or revoked can submit an electronic reinstatement application. Review the instructions for filing a reinstatement.
How to File Your Kentucky Articles of Organization Submit your LLC's official name. Provide the name and address of your LLC's initial Registered Agent and Registered Office. Include signed consent from your LLC's Registered Agent. Provide the address of your LLC's Principal Office.
