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Revocation refers to cases in which the Articles of Incorporation for a Corporation or Articles of Organization for an LLC are revoked by the Secretary of State. Another term for Revocation is Administrative Dissolution.
Revocation is the. withdrawal of a school's charter during its term, while renewal relates to the decision by a. charter-granting authority to enter into a new contract once the term of an existing contract.
Revocation Letter means the letter issued by the IRS to the organization providing notice that the organiza- tion's exempt status is revoked for failing to file an Annual Return or notice for three consecutive years on or before the date set by the Secretary for the filing such third Annual Re- turn or notice.
Companies that fail to meet their annual filing obligations risk losing their good standing. If you've forgotten to file the right forms or delayed payment, individual states can take action against your business by dissolving your corporation or limited liability company (LLC) and revoking its status.
When the annual filing deadline is missed, the entity goes into default. If it remains in default for one year, the business charter is revoked. And if nothing is done for another 5 years, the entity is permanently revoked.
Reinstatement examples include re-establishing, re-forming, reincorporating, and reorganizing your small business.
How To Reinstate A Rhode Island Corporation Submit all documents and fees that you failed to file. Pay penalties for each year your were revoked. Letter of good standing from the Rhode Island Division of Taxation (RIDT). If your name isn't available, you'll need to file a name change amendment.
Companies that fail to meet their annual filing obligations risk losing their good standing. If you've forgotten to file the right forms or delayed payment, individual states can take action against your business by dissolving your corporation or limited liability company (LLC) and revoking its status.