US Legal Forms - among the biggest libraries of authorized varieties in the USA - gives an array of authorized papers themes you are able to acquire or printing. Making use of the internet site, you can find a large number of varieties for business and person reasons, sorted by groups, says, or key phrases.You will find the newest models of varieties just like the North Carolina Declaration of Dissolution of Unit within minutes.
If you currently have a monthly subscription, log in and acquire North Carolina Declaration of Dissolution of Unit in the US Legal Forms catalogue. The Obtain key will show up on every single form you look at. You have accessibility to all in the past saved varieties within the My Forms tab of your respective profile.
In order to use US Legal Forms the first time, here are straightforward directions to help you get started:
Each template you included in your bank account does not have an expiration date and is your own property permanently. So, if you would like acquire or printing an additional version, just go to the My Forms portion and click about the form you require.
Obtain access to the North Carolina Declaration of Dissolution of Unit with US Legal Forms, by far the most substantial catalogue of authorized papers themes. Use a large number of skilled and status-distinct themes that meet up with your organization or person requirements and demands.
Filing fee is $30. This document must be filed with the Secretary of State.
To dissolve your nonprofit, you will need a plan of dissolution. At a minimum, the plan must provide that all of your nonprofit's liabilities and obligations are to be paid and discharged, or otherwise adequately provided for, and also provide for the proper distribution of any remaining assets.
Federal law requires a tax-exempt charitable nonprofit that is dissolving to distribute its remaining assets ONLY to another tax-exempt organization or to the federal government or a state or local government for a public purpose.
Submit the Articles of Dissolution and the Coversheet to the SOS online, by mail, or in person and include payment. The North Carolina SOS accepts cash, certified checks, money orders, business or personal checks (with address and telephone number). Checks, etc., should be payable to North Carolina Secretary of State.
Authorizing Dissolution North Carolina's Nonprofit Corporation Act ("NCA") provides for voluntary dissolution through either: if there are members, action by the directors followed by a vote of the members; or. if there are no members, a vote of the directors.
The dissolution clause is a statement that explains what said organization will do with its assets in the event that the organization dissolves. This clause is particularly important given that the assets of a nonprofit are not owned by any person or group.
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.
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).