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Texas Certificate of Termination Of A Nonprofit Corporation Or Cooperative Association

State:
Texas
Control #:
TX-GB-652
Format:
PDF
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Description

Certificate of Termination Of A Nonprofit Corporation Or Cooperative Association The Texas Certificate of Termination Of A Nonprofit Corporation Or Cooperative Association is a document issued by the Texas Secretary of State that officially terminates the legal existence of a nonprofit corporation or a cooperative association registered in Texas. It is also known as a Certificate of Dissolution, Certificate of Surrender, or Certificate of Cancellation. The certificate must be signed and filed by the officers of the organization, the president, the secretary, and the treasurer. The document must include the name of the organization, the date and place of its incorporation, the date on which the dissolution was adopted, the name and address of the registered agent, the date on which the dissolution became effective, and the name and address of the person filing the document. There are two types of Texas Certificate of Termination Of A Nonprofit Corporation Or Cooperative Association: voluntary and involuntary. A voluntary termination is usually done when the nonprofit or cooperative organization has completed its purpose and is no longer needed. The directors of the organization must pass a resolution to dissolve and file the certificate with the Texas Secretary of State. An involuntary termination is done when the nonprofit or cooperative organization does not comply with the laws and regulations of the state or when it fails to pay taxes, fees, or other debts. The Secretary of State will then file a Certificate of Termination Of A Nonprofit Corporation Or Cooperative Association.

The Texas Certificate of Termination Of A Nonprofit Corporation Or Cooperative Association is a document issued by the Texas Secretary of State that officially terminates the legal existence of a nonprofit corporation or a cooperative association registered in Texas. It is also known as a Certificate of Dissolution, Certificate of Surrender, or Certificate of Cancellation. The certificate must be signed and filed by the officers of the organization, the president, the secretary, and the treasurer. The document must include the name of the organization, the date and place of its incorporation, the date on which the dissolution was adopted, the name and address of the registered agent, the date on which the dissolution became effective, and the name and address of the person filing the document. There are two types of Texas Certificate of Termination Of A Nonprofit Corporation Or Cooperative Association: voluntary and involuntary. A voluntary termination is usually done when the nonprofit or cooperative organization has completed its purpose and is no longer needed. The directors of the organization must pass a resolution to dissolve and file the certificate with the Texas Secretary of State. An involuntary termination is done when the nonprofit or cooperative organization does not comply with the laws and regulations of the state or when it fails to pay taxes, fees, or other debts. The Secretary of State will then file a Certificate of Termination Of A Nonprofit Corporation Or Cooperative Association.

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Texas Certificate of Termination Of A Nonprofit Corporation Or Cooperative Association