[Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Designation] [Company's Name] [Company's Address] [City, State, Zip Code] Subject: Notification of Official Notice of Intent to Administratively Dissolve or Revoke Corporation Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing to bring to your attention the current status of [Company's Name] in regard to its corporate standing in the state of New Mexico. It has come to our attention that [Company's Name] is facing the possibility of administrative dissolution or revocation, as outlined by the New Mexico law governing corporations. Pursuant to Section [relevant section number] of the New Mexico State Business Corporation Act, I hereby notify you, as [Company's Name]'s designated registered agent, of the official intent to administratively dissolve or revoke our corporation's status. This official notice is being issued due to [Provide a brief explanation for the cause of the notice — e.g., failure to file annual reports, or appointment of a new registered agent within the statutory timeframe, etc.]. The failure to address this matter promptly may result in severe penalties, including the forfeiture of our corporation's existence. To rectify the situation and maintain [Company's Name]'s good standing, it is imperative that the following steps be taken within [specify a reasonable time period, typically 30 days]: 1. Address the specific issue that led to this notice promptly. 2. Submit any outstanding documentation or fees required by the New Mexico Secretary of State's office to rectify the situation. 3. Proactively engage legal counsel or seek professional assistance to ensure compliance with all statutory obligations. If necessary, I encourage you to reach out to the New Mexico Secretary of State's office or consult legal assistance to obtain specific guidance tailored to our unique circumstances. Failing to comply with the requirements of the New Mexico law may result in severe repercussions for the corporation, including the possibility of permanent dissolution and loss of legal protection. We take this matter with the utmost seriousness, and I kindly request your immediate attention to rectify the situation and prevent any further administrative action against [Company's Name]. If you have any questions or require additional information, please do not hesitate to contact me at [Phone Number] or [Email Address]. Your timely cooperation in this matter is greatly appreciated. We deeply value [Company's Name]'s existence and are committed to taking the necessary steps to ensure its continued operation within the statutory framework of New Mexico business laws. Thank you for your attention to this important matter. Sincerely, [Your Name] [Your Designation] [Company's Name] Alternate Types of New Mexico Sample Letters regarding Notification of Official Notice of Intent to Administratively Dissolve or Revoke Corporation (if applicable): 1. New Mexico Sample Letter regarding Overdue Annual Report Filing: This type of letter specifically addresses the failure to file annual reports by the due date, leading to the notice of intent to administratively dissolve or revoke the corporation. 2. New Mexico Sample Letter regarding Appointment of a New Registered Agent: This letter informs the recipient that their appointment as a registered agent didn't meet the statutory requirements, necessitating the notice of intent to administratively dissolve or revoke the corporation. Please note that the above-mentioned alternate types of letters may vary in content and specific mentions based on the circumstances leading to the notice of intent to administratively dissolve or revoke the corporation.
New Mexico Sample Letter regarding Notification of Official Notice of Intent to Administratively Dissolve or Revoke Corporation
Description
How to fill out New Mexico Sample Letter Regarding Notification Of Official Notice Of Intent To Administratively Dissolve Or Revoke Corporation?
If you have to full, down load, or print legal document layouts, use US Legal Forms, the most important selection of legal forms, which can be found on the Internet. Make use of the site`s simple and easy handy look for to discover the paperwork you will need. Numerous layouts for enterprise and personal functions are categorized by categories and suggests, or search phrases. Use US Legal Forms to discover the New Mexico Sample Letter regarding Notification of Official Notice of Intent to Administratively Dissolve or Revoke Corporation in just a couple of mouse clicks.
Should you be currently a US Legal Forms client, log in to the bank account and click on the Acquire switch to obtain the New Mexico Sample Letter regarding Notification of Official Notice of Intent to Administratively Dissolve or Revoke Corporation. You may also access forms you in the past delivered electronically in the My Forms tab of the bank account.
Should you use US Legal Forms for the first time, refer to the instructions under:
- Step 1. Be sure you have chosen the form for the proper town/country.
- Step 2. Utilize the Review solution to check out the form`s content material. Don`t overlook to read the explanation.
- Step 3. Should you be not satisfied together with the type, utilize the Lookup area on top of the display screen to get other types from the legal type format.
- Step 4. Once you have located the form you will need, click on the Purchase now switch. Pick the prices plan you favor and include your qualifications to register to have an bank account.
- Step 5. Process the purchase. You can utilize your bank card or PayPal bank account to perform the purchase.
- Step 6. Select the file format from the legal type and down load it on your device.
- Step 7. Complete, revise and print or sign the New Mexico Sample Letter regarding Notification of Official Notice of Intent to Administratively Dissolve or Revoke Corporation.
Each legal document format you buy is your own forever. You might have acces to every single type you delivered electronically inside your acccount. Select the My Forms section and decide on a type to print or down load yet again.
Be competitive and down load, and print the New Mexico Sample Letter regarding Notification of Official Notice of Intent to Administratively Dissolve or Revoke Corporation with US Legal Forms. There are millions of skilled and express-certain forms you may use for your personal enterprise or personal demands.
Form popularity
FAQ
People who continue to operate a business that has been dissolved, are taking a serious risk. That's because once the company dissolves, the corporate protections no longer exist. That means that someone who operates the dissolved business, can be sued personally for anything the (dissolved) company does.
To dissolve your New Mexico corporation you must file both the Statement of Intent to Dissolve and the Articles of Dissolution. Each one requires a $50 filing fee. Payment must be made by check or money order. You may expedite processing of your dissolution by the PRC.
Administrative dissolution is an involuntary dissolution action taken by the Secretary of State, or whatever they call it in your state, that results in the loss of the business entity's rights to do business in that particular location.
Administrative dissolution is the taking away of the rights, powers, and authority of a domestic corporation, LLC, or other statutory business entity by the state administrator overseeing business entities, due to the entity's failure to comply with certain obligations of the business entity statute.
Once a company is dissolved, it no longer exists as a legal entity and cannot conduct business or enter into contracts. Dissolution may also trigger a number of certain legal obligations, such as the distribution of remaining assets to creditors or shareholders. It also might involve the filing of final tax returns.
This intent to dissolve should include the following information: A detailed description of the claim. Information regarding the claim, the amount of the claim, and whether it is admitted to or not. A mailing address where any claims can be sent. A deadline: This must be at least 120 days after the written notice date.
After dissolution, a corporation is generally expected to pay all its existing debts and then liquidate its remaining assets to its shareholders. This sometimes becomes difficult, however, where there are unknown claims that may exist against the corporation.
