North Carolina Dissolving a Law Firm

State:
Multi-State
Control #:
US-L07054
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

This Plan of Dissolution of a Law Firm covers covers all necessary topics for the dissolution of the firm. Included are: Plan of dissolution, liquidation objectives, surrender of leasehold estates, estimated balance sheet items, termination of personnel, accounts receivable billing and collecting, cash management, professional liability, and indemnity issues.

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FAQ

File Articles of Dissolution This will include the complete name of the limited liability company being dissolved, the effective date of the dissolution, and any other relevant information that the members may elect to provide. The form can be submitted to the Secretary of State online, in person, or by mail.

North Carolina General Statute 55B requires any limited liability company organized after June 5, 1969 to qualify in North Carolina as a Professional Limited Liability Company (PLLC).

How do you dissolve a North Carolina Corporation? To dissolve a North Carolina corporation, you just need to file form B-06, Articles of Dissolution by Board of Directors and Shareholders, Business Corporation with the North Carolina Secretary of State, Corporations Division (SOS).

File Articles of Dissolution This will include the complete name of the limited liability company being dissolved, the effective date of the dissolution, and any other relevant information that the members may elect to provide. The form can be submitted to the Secretary of State online, in person, or by mail.

If you want to close a North Carolina business, you do so by voluntarily filing Articles of Dissolution for the entity type (Business Corporation, Nonprofit Corporation, Limited Liability Company (LLC)).

There is a $30 fee ($32 if you file online) to file articles to dissolve a corporation or LLC in North Carolina. You can have a document processed the same day it is received if you pay a $200 expedite fee. For an additional $100, processing can be completed within 24 hours (excluding weekends/holidays).

Dissolution of a Professional Limited Liability Company (1) Complete Articles of Dissolution and file with the NC Secretary of State Corporations Division along with their applicable fee. A template for the articles can be found on the NC Secretary of State's website (Form L?07).

If you want to close a North Carolina business, you do so by voluntarily filing Articles of Dissolution for the entity type (Business Corporation, Nonprofit Corporation, Limited Liability Company (LLC)).

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North Carolina Dissolving a Law Firm