Virginia Articles Of Revocation Of Dissolution Nonstick Corporation is a document used to reinstate a Virginia Nonstick Corporation that has been dissolved due to failure to file annual reports or pay taxes. This document is filed with the Virginia State Corporation Commission and contains information about the corporation, such as its name, address, number of authorized shares, registered agent information, and the company’s governing documents. There are two types of Virginia Articles Of Revocation Of Dissolution Nonstick Corporation: Short Form and Long Form. The Short Form is used when the company has not been dissolved for more than two years, while the Long Form is used when the company has been dissolved for more than two years. Both forms must be signed and notarized by a corporate officer or authorized representative.
Virginia Articles Of Revocation Of Dissolution Nonstock Corporation
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To dissolve your Virginia Corporation that has not issued shares or has not commenced business, you file Form SCC751, Articles of Termination of Corporate Existence. This form needs to be signed by a majority of initial directors or if there are none, by a majority of the incorporators.
Unlike a stock corporation that issues shares of stock to investors who then become "owners" and are entitled to share in the corporation's profits, a nonstock corporation does not have any shareholders or "owners."
For federal tax purposes, you'll need to file IRS Form 990 or IRS Form 990-EZ. You must include a completed Schedule N (Liquidation, Termination, Dissolution, or Significant Disposition of Assets), as well as copies of your articles of dissolution, resolution or proposal to dissolve, and plan of distribution.
The corporation must have been dissolved voluntarily by filing articles of dissolution, and the dissolution must not have been revoked. The chairman or any vice-chairman of the board of directors, the president, or any other of its officers authorized to act on behalf of the corporation must sign the articles.
If your nonprofit has members, you'll need a proposal to dissolve. If your nonprofit doesn't have members, you'll need a resolution to dissolve. In either case, you'll also likely need a plan of distribution that indicates how the nonprofit's remaining assets will be distributed after all creditors have been paid.
Visit to file articles of dissolution and/or termination of a Virginia Stock Corporation in real time. Questions? P.O. Box 1197 Richmond, VA 23219 Richmond, VA 23218-1197 Pay online with a credit card or eCheck. No additional processing fees apply for filing online.
Unless the bylaws require otherwise, if an annual or special meeting is adjourned to a different date, time, or place, notice need not be given if the new date, time, or place, if any, is announced at the meeting before adjournment.