New York Sample Letter for Petition for Reinstatement of Dissolved Corporation

State:
Multi-State
Control #:
US-0413LTR
Format:
Word; 
Rich Text
Instant download

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Sample Letter for Petition for Reinstatement of Dissolved Corporation

How to fill out Sample Letter For Petition For Reinstatement Of Dissolved Corporation?

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FAQ

You can't revive a New York LLC because New York does not administratively dissolve LLCs. If you dissolve your LLC yourself, you'll need to start over and form a new LLC.

A voluntarily dissolved New York corporation may be restored to active status by a court order filed with the Department of State. You may petition the court at any time. There is no time limit after which you would be ineligible for a court order of reinstatement.

The first thing you have to do is to contact the Department of Taxation and Finance. Ask them about the payment of corporate taxes. Once you submit all the past-due returns and pay all the fees, they will send you a written consent for your New York reinstatement and a Certificate of Payment of Taxes.

All is not lost for entrepreneurs that have a lapsed corporation or limited liability company. It is possible to get a dissolved business back into good standing again. Entrepreneurs need to file a reinstatement in order to restore to active status.

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.

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New York Sample Letter for Petition for Reinstatement of Dissolved Corporation