Virginia Articles Of Dissolution-Nonstock Corporation

State:
Virginia
Control #:
VA-SCC-904
Format:
PDF
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Description

Articles Of Dissolution-Nonstock Corporation Virginia Articles Of Dissolution-Nonstock Corporation is a document used to officially terminate a nonstick corporation in the state of Virginia. A nonstick corporation is a type of organization that is not organized for the purpose of making a profit, but instead for purposes such as promoting a social cause or providing a service. The Articles of Dissolution must be filed with the Virginia State Corporation Commission in order to legally dissolve the nonstick corporation. The different types of Virginia Articles of Dissolution-Nonstock Corporation include: • Voluntary Dissolution: This type of dissolution is initiated by the members of the corporation with a majority vote. • Involuntary Dissolution: This type of dissolution is initiated by the Virginia State Corporation Commission due to the nonstick corporation not meeting the requirements of its Articles of Incorporation or failing to pay taxes or fees. • Administrator Dissolution: This type of dissolution is initiated by the Virginia State Corporation Commission when there are no members of the nonstick corporation who are able to act on behalf of the organization.

Virginia Articles Of Dissolution-Nonstock Corporation is a document used to officially terminate a nonstick corporation in the state of Virginia. A nonstick corporation is a type of organization that is not organized for the purpose of making a profit, but instead for purposes such as promoting a social cause or providing a service. The Articles of Dissolution must be filed with the Virginia State Corporation Commission in order to legally dissolve the nonstick corporation. The different types of Virginia Articles of Dissolution-Nonstock Corporation include: • Voluntary Dissolution: This type of dissolution is initiated by the members of the corporation with a majority vote. • Involuntary Dissolution: This type of dissolution is initiated by the Virginia State Corporation Commission due to the nonstick corporation not meeting the requirements of its Articles of Incorporation or failing to pay taxes or fees. • Administrator Dissolution: This type of dissolution is initiated by the Virginia State Corporation Commission when there are no members of the nonstick corporation who are able to act on behalf of the organization.

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Virginia Articles Of Dissolution-Nonstock Corporation