West Virginia Declaration of Dissolution of Unit

State:
Multi-State
Control #:
US-OG-373
Format:
Word; 
Rich Text
Instant download

Description

This declaration form is used for the purpose of providing notice that the purpose for which the Unit was formed no longer exists and the Unit is deemed to be dissolved and the Designation of Unit no longer in effect.

How to fill out Declaration Of Dissolution Of Unit?

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FAQ

When you are ready to dissolve your West Virginia corporation, you file original Articles of Dissolution with the West Virginia Secretary of State, Business Division (SOS). West Virginia SOS does not require the use of their forms. They do not require original signatures.

To terminate your Virginia Corporation that has issued shares and has commenced business in Virginia, complete and file Form SCC743, Articles of Dissolution and Form SCC750, Articles of Termination of Corporate Existence. File by mail or in person.

Dissolution of a company is when a company is dissolved by order of a Tribunal, i.e. National Company Law Tribunal (NCLT), after the completion of its winding-up process. The company's dissolution brings its existence to an end, and its name is struck off by the Registrar of Companies (ROC).

Articles of dissolution are the reverse of organization or incorporation articles ? they end your business entity's existence.

The first step to closing up shop is receiving shareholder approval to formally close the corporation. The board of directors should adopt a resolution to dissolve the corporation and receive approval for the action.

Although the content will vary, certain elements should be included in every letter of dissolution. These include: The name of the recipient and the name of the person sending the letter. The purpose of the letter, including the relationship to be terminated and the date of termination, stated in the first paragraph.

File a dissolution, termination, withdrawal, or cancellation online quickly and conveniently through the One Stop Business Portal. The Secretary of State's Office also provides forms that meet minimum state law requirements available online through the Secretary of State Form Search.

First, you need to be sure to include the legal name of your company. Second, your articles of dissolution should state the date when your company will be dissolved. Finally, there should be a statement that your corporation's board of directors or your LLC's members approved the dissolution.

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West Virginia Declaration of Dissolution of Unit