South Carolina Liquidation Proposal

State:
Multi-State
Control #:
US-CC-9-345-NE
Format:
Word; 
Rich Text
Instant download

Description

This sample form, a detailed Liquidation Proposal document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

SECTION 33-44-202. Organization. (a) One or more persons may organize a limited liability company, consisting of one or more members, by delivering articles of organization to the office of the Secretary of State for filing.

South Carolina Code of Laws Sections 33-44-108 through 33-44-111 contain the state law governing registered agents for limited liability companies. This includes the need to have an agent and office for service of process, the procedures for changing the agent or office, and what an agent must do to resign.

To remove a member from your LLC, a withdrawal notice, a unanimous vote, or a procedure depicted in the articles of organization may entail. The member in question of removal may need to get compensated for his share of membership interests.

To dissolve a South Carolina LLC, file Articles of Termination, in duplicate, with the South Carolina Secretary of State, Division of Business Filings (SOS). The form is available on the SOS website (see link below). You may type or print on SOS forms in black ink.

How do you dissolve a South Carolina Corporation? To dissolve a South Carolina corporation, file Articles of Dissolution with the South Carolina Secretary of State, Division of Business Filings (SOS). Submit the form in duplicate, with a self-addressed stamped envelope, so the SOS can return a copy to you.

S.C. Code Ann. § 33-44-504(e) provides that Section is the exclusive remedy by which a judgment creditor may satisfy a judgment out of the distributional interests in an LLC.

Section 33-44-805 - Articles of termination (a) At any time after dissolution and winding up, a limited liability company may terminate its existence by filing with the Secretary of State articles of termination stating: (1) the name of the company; (2) the date of the dissolution; and (3) that the company's business ...

File the application for reinstatement in duplicate. Include your Tax Compliance Certificate from the DOR with your application for reinstatement. Submit the application, certificate and fee to the SOS by mail or in person. The South Carolina SOS accepts cash, personal checks, and money orders.

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South Carolina Liquidation Proposal