Texas Sample Letter for Annual Report - Dissolved Corporation
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How to fill out Sample Letter For Annual Report - Dissolved Corporation?
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FAQ
After a company is dissolved, it must liquidate its assets. Liquidation refers to the process of sale or auction of the company's non-cash assets. Note that only those assets your company owns can be liquidated. Thus, you can't liquidate assets that are used as collateral for loans.
How do you dissolve a Texas corporation? To dissolve your Texas corporation, you file Form 651 Certificate of Termination of Domestic Entity and accompany that with a tax clearance certificate from the Texas Comptroller of Public Accounts indicating that all taxes have been paid by the entity.
Lawsuits may be filed and served against a dissolved corporation whether the cause of action arose before or after dissolution. California Code of Civil Procedure section 416.20; Corporations Code section 2011(a)(1).
All states have enacted laws that allow for a dissolved corporation, limited liability company, etc., to exist for a certain amount of time (varying from state to state) following dissolution for purposes of engaging in all activities necessary to wind up the business and to sue or be sued.
Reinstatement in California Dissolved California entities cannot be reinstated, so in case like that you would need to file as a new entity.
Yes, in certain circumstances. You may be able to sue a dissolved corporation or a dissolved limited liability company for a period of time after dissolution, especially if it failed to wind up its business and dissolve properly.
