Michigan Certificate of Termination of Unit

State:
Multi-State
Control #:
US-OG-735
Format:
Word; 
Rich Text
Instant download

Description

This form is signed by and on behalf of the Unit Operator covering lands in which a Unit was formed and established by the Unit Agreement. Pursuant to the specified Article/Section of the Agreement, the purposes for which the Unit was established are no longer in effect and the parties to the Agreement (being the original Working Interest Owners in Tracts included in the Unit, or their successors) have elected to terminate the Agreement.

How to fill out Certificate Of Termination Of Unit?

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FAQ

Process to dissolve an Assumed Name or Co-Partnership If you discontinue doing business under your assumed name, you need to file a Dissolution of Assumed Name (DBA) or Dissolution of CoPartnership form. The filing fee is $10.00. Fees may be paid by cash, check, money order, or credit/debit card.

Assumed names expire every 5 years from the date of filing. Renewals must be filed 30-90 days prior to the expiration date.

In Michigan, if you and the members of the LLC want to discontinue business, then it is necessary to dissolve their business legally to avoid any administrative and legal consequences. To dissolve an LLC in Michigan, you are required to submit a complete Article of Dissolution to the Secretary of State.

Can I cancel my DBA? Yes, to cancel your Michigan DBA, you must file paperwork with the agency you registered with and pay a fee. LLCs, LPs, and corporations: Cancel online through the Corporations Online Filing System or by filing a Certificate of Termination of Assumed Name.

To dissolve your LLC in Michigan, submit a completed Michigan Certificate of Dissolution form to the Department Licensing and Regulatory Affairs (LARA) by mail or in person. The form cannot be filed online. Use of LARA forms is optional.

A domestic corporation that wants to dissolve in Michigan will need a tax clearance certificate after filing for dissolution. Within 60 days after submitting the certificate of dissolution to LARA, the business must request a tax clearance certificate from the Michigan Department of Treasury, Tax Clearance Division.

What Are Articles of Organization for an LLC in Michigan? The Articles of Organization is a document created by LLCs in Michigan to declare how the owners of the company, called members, plan to operate their business. Choosing to create a company as an LLC can be a smart move for many businesses.

If changing your business name, you must amend the articles with the Michigan Department of Licensing and Regulatory Affairs (LARA). There will be a fee for this amendment, made payable to the State of Michigan.

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Michigan Certificate of Termination of Unit