Oklahoma City Oklahoma Certificate of Dissolution

State:
Oklahoma
City:
Oklahoma City
Control #:
OK-SOS-FM-0019
Format:
PDF
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Description

This is an official form from the Oklahoma Secretary of State, which complies with all applicable laws and statutes. USLF amends and updates the forms as is required by Oklahoma statutes and law.

How to fill out Oklahoma Certificate Of Dissolution?

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FAQ

In exchange for getting back their investment (in full or part), the shareholders return their shares to the company, which are then canceled. If a company returns any money to its shareholders while still having a debt outstanding, the creditor can sue, and the shareholders may have to return the received amounts.

To dissolve your corporation in Oklahoma, you submit the completed Oklahoma Certificate of Dissolution form by mail, in person or by fax to the Secretary of State along with the filing fee.

A corporate dissolution may be ordered by the Court of Common Pleas to protect shareholders' investments. This may happen when three conditions exist: The directors of the company have engaged in illegal or fraudulent activities. Assets of the company have been spent unwisely or otherwise wasted.

Modes of dissolution A corporation may be dissolved voluntarily or involuntarily. Voluntary dissolution could be done by (1) shortening the corporate term, (2) filing a request for dissolution (where no creditors are affected), and (3) filing a petition for dissolution (where creditors are affected).

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) and copies of your certificate of dissolution, resolution to dissolve, and, if applicable, plan of dissolution.

To dissolve/terminate your domestic LLC in Oklahoma, you must submit the completed Articles of Dissolution of an Oklahoma Limited Liability Company form to the Oklahoma Secretary of State by mail, in person or by fax along with the filing fee. If you file by fax, include a cover sheet with all credit card information.

A certificate of incorporation Oklahoma includes: The name of your business's agent for service of process. The number of stock shares your business can issue. The address and name of each incorporator. The address and name of every member of the board of directors.

In most cases, a simple majority vote is sufficient to pass the resolution for corporate dissolution. The Board needs to develop a plan of dissolution once the shareholders approve the dissolution.

You can download the Oklahoma Certificate of Incorporation form from the Oklahoma Secretary of State website....Online Under ?Domestic Organizations,? select ?Domestic Profit Corporation.? Enter your name and email address. Complete the Oklahoma Certificate of Incorporation. Submit and pay the filing fee.

A certified copy of your Articles of Organization or Articles of Incorporation can be ordered by mail, in person, or online, but we recommend online. Online processing costs $10 plus $1 per page and takes about an hour.

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Oklahoma City Oklahoma Certificate of Dissolution