Maine Statement of Intent To Dissolve By Written Consent of Members Or Directors is a formal document filed with the Maine Secretary of State. This document is used to dissolve a business entity in Maine, such as a limited liability company (LLC) or corporation. The document must be signed by all the members or directors of the business entity and must state the name of the business, its filing date, and the date of its dissolution. It must also include the signatures of all members or directors, the address of the business, and any other relevant information. There are two types of Maine Statement of Intent to Dissolve by Written Consent of Members or Directors: (1) Dissolution by All Members or Directors; and (2) Dissolution by a Majority of Members or Directors.
Maine Statement of Intent To Dissolve By Written Consent of Members Or Directors
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How to fill out Maine Statement Of Intent To Dissolve By Written Consent Of Members Or Directors?
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Complete Schedule N (Form 990 or 990-EZ), Liquidation, Termination, Dissolution or Significant Disposition of Assets. Include a description of the assets and any transaction fees, the date of distribution, the fair market value of the assets and information about the recipients of the assets.
Dissolving a 501(c)(3) is the process of disbanding an organization and ending its non- profit status. Regardless of the reasons for dissolving its 501(c)(3) status, an organization must follow a series of steps with the state and the Internal Revenue Service (IRS) for the action to officially occur.
A document informing the secretary of state that your corporation will be dissolving.
The formal method involves a series of steps, including a Board decision, filing two specific forms with the Maine Secretary of State (the Statement of Intent to Dissolve and the Articles of Dissolution), and filing a final IRS Form 990.
Steps to dissolving a nonprofit File a final form. In this type of dissolution, the IRS mandates that the board of directors of the nonprofit organization complete certain requirements to "dissolve," or shut down, the 501(c)(3).Vote for dissolution.File Form 990.File the paperwork.
For federal tax purposes, you'll need to file IRS Form 990 or IRS Form 990-EZ. You must include a completed Schedule N (Liquidation, Termination, Dissolution, or Significant Disposition of Assets), as well as copies of your certificate of dissolution and resolution to wind up and dissolve.
If you would like to dissolve a Maine Corporation, file a signed, original form MBCA-11, Articles of Dissolution with the Maine Secretary of State, Bureau of Corporations, Elections, and Commissions (SOS). Maine SOS forms are fillable so you can just enter your information, print, and mail them to the SOS.
How to Start a Nonprofit in Maine Name Your Organization.Recruit Incorporators and Initial Directors.Appoint a Registered Agent.Prepare and File Articles of Incorporation.File Initial Report.Obtain an Employer Identification Number (EIN)Store Nonprofit Records.Establish Initial Governing Documents and Policies.