Pearland Texas Dissolution Package to Dissolve Corporation

Name: Pearland Texas Dissolution Package to Dissolve Corporation
Brand: US Legal Forms
Rating: 4.62 (405 reviews)

Category:

Corporations - Dissolution

State:

Texas

City:

Pearland

Control #:

TX-DP-0001

Format:

Instant download

Description

The dissolution of a corporation package contains all forms to dissolve a corporation in Texas, step by step instructions, addresses, transmittal letters, and other information.

Are you looking for a comprehensive guide on the different types of Pearland Texas Dissolution Package to Dissolve a Corporation? Look no further! In this detailed description, we will explore the various options available to dissolve a corporation in Pearland, Texas, along with essential keywords to ensure you have all the information you need. 1. Pearland Texas Dissolution Package: The Pearland Texas Dissolution Package is a comprehensive set of legal documents and services designed to dissolve a corporation in Pearland, Texas. This package includes everything you need to successfully complete the dissolution process, ensuring compliance with state laws and regulations. 2. Dissolve Corporation: When a corporation in Pearland, Texas, is no longer operational or wishes to terminate its existence, it must go through the process of dissolution. Dissolution is the legal procedure that formally ends a corporation's existence, relieving it of any ongoing obligations or legal responsibilities. Keywords related to Pearland Texas Dissolution Package to Dissolve Corporation: — Corporation Dissolution: Refers to the process of legally terminating a corporation's operations and existence. — Pearland, Texas: Specific location where the dissolution package is applicable, offering location-specific guidelines and requirements. — Legal Documents: Refers to the necessary paperwork required to initiate and complete the dissolution process. — Compliance: Ensuring adherence to state laws and regulations governing the dissolution of corporations. — Obligations: Denotes the legal duties and responsibilities a corporation must fulfill before dissolving. — Termination of Existence: The cessation of a corporation's legal existence, marking the completion of the dissolution process. Types of Pearland Texas Dissolution Packages: 1. Basic Dissolution Package: This package includes the foundational documents necessary for dissolving a corporation, such as the Certificate of Dissolution and Articles of Dissolution, enabling a straightforward dissolution process. 2. Expedited Dissolution Package: Designed for corporations requiring a speedy dissolution, this package offers expedited processing of the dissolution documents, reducing the overall waiting time. 3. Dissolution Support Package: Ideal for corporations unfamiliar with the dissolution process, this package includes professional legal guidance throughout every step of the dissolution process. 4. Tax Obligations Dissolution Package: Tailored for corporations with complex tax situations, this package provides assistance in fulfilling all tax obligations related to the dissolution process, ensuring compliance with tax laws. 5. Comprehensive Dissolution Package: This all-inclusive package encompasses all necessary forms, legal guidance, and expedited processing, providing a hassle-free dissolution process from start to finish. Whether you need a simple dissolution package or require specialized assistance, Pearland Texas offers a range of dissolution packages designed to suit your specific needs, making the process efficient, compliant, and stress-free.

Oakland Formulario de oferta comercial que especifica la aceptación con firma

View this form

Cuyahoga Formulario de oferta comercial que especifica la aceptación con firma

View this form

Allegheny Formulario de oferta comercial que especifica la aceptación con firma

View this form

Salt Lake Formulario de oferta comercial que especifica la aceptación con firma

View this form

Contra Costa Formulario de oferta comercial que especifica la aceptación con firma

View this form

Employment Application and Job Offer Packa...

View this form

Sample Job Description Format

View this form

Wisconsin UCC1 Financing Statement Additio...

View this form

Solicitud para Programar una Audiencia par...

View this form

Pedestrian Access Easement

View this form

Employment Application and Job Offer Packa...

View this form

Notice to Opt Out from Participation in El...

View this form

Culinary Associate Checklist

View this form

HIPAA Notice of Privacy Practices

View this form

Permission to Survey (Pipeline Right of Way)

View this form

How to fill out Pearland Texas Dissolution Package To Dissolve Corporation?

If you are searching for a legitimate document, it’s hard to discover a superior site compared to the US Legal Forms platform – one of the most comprehensive repositories online.

With this repository, you can access thousands of document samples for organizational and individual needs categorized by types and regions, or keywords.

With our enhanced search feature, locating the current Pearland Texas Dissolution Package to Dissolve Corporation is as straightforward as 1-2-3.

Obtain the document. Choose the format and download it to your device.

Edit as needed. Complete, amend, print, and sign the acquired Pearland Texas Dissolution Package to Dissolve Corporation. Each document you add to your account has no expiration date and belongs to you indefinitely. You can access them through the My documents section, so if you require another copy for enhancement or printing, you can return and save it again whenever you wish. Utilize the extensive US Legal Forms catalog to find the Pearland Texas Dissolution Package to Dissolve Corporation you were seeking along with thousands of other specialized and state-specific samples on one platform!

If you are already familiar with our system and possess a registered account, all you need to do to obtain the Pearland Texas Dissolution Package to Dissolve Corporation is to Log In to your account and click the Download button.
If this is your first time using US Legal Forms, simply adhere to the guidelines below.
Ensure you have selected the desired form. Review its description and utilize the Preview function to assess its content. If it does not satisfy your requirements, use the Search feature at the top of the page to locate the appropriate document.
Confirm your choice. Click the Buy now button. After that, select your preferred pricing plan and provide your information to create an account.
Complete the purchase. Use your credit card or PayPal account to finalize the registration process.

Form popularity

FAQ

Once your company has voted to dissolve, formally filed articles of dissolution with the incorporating state, liquidated its assets and settled its debts and other obligations, a final legal notice is sent out to any entity that may have an interest in the company.

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).

Summary chart for terminating a Texas entity. Texas Domestic Entity TypeGoverned by BOCFeeFor-profit or professional corporation that neither commenced business nor issued sharesForm 651 Word, PDF$40For-profit or professional corporation that commenced business and/or issued sharesForm 651 Word, PDF$405 more rows

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.

In both voluntary and involuntary dissolution, a company must follow formal steps of asset liquidation, settling debts, and paying shareholders. Voluntary dissolution requires permission from a company's board and shareholders, while the government orders involuntary dissolution.

How much does it cost to dissolve a California business? There is no fee to file the California dissolution forms.

Steps to Take to Close Your Business File a Final Return and Related Forms. Take Care of Your Employees. Pay the Tax You Owe. Report Payments to Contract Workers. Cancel Your EIN and Close Your IRS Business Account. Keep Your Records.

The first step in dissolving a corporation usually involves having your board of directors and shareholders vote to approve the dissolution. Under most state rules, you start by holding a meeting of the board of directors to vote on a resolution to approve the dissolution of the corporation.

Is there a filing fee to dissolve or cancel an Alabama LLC? To dissolve your LLC or corporation in Alabama, the Secretary of State filing fee of $100 is required. You will need to contact the Judge of Probate Office to verify their recording fees, but it is a minimum $50.

Interesting Questions

Trusted and secure by over 3 million people of the world’s leading companies

Texas Dissolution Package to Dissolve Corporation

TEXAS CORPORATE DISSOLUTION

STATUTORY REFERENCE
TEXAS BUSINESS CORPORATION ACT, Articles 6.01 through 6.07

In Texas a corporation may be dissolved either voluntarily or involuntarily.Â THIS SUMMARY ADDRESSES ONLY VOLUNTARY DISSOLUTION.

Voluntary dissolution is accomplished by the incorporators or initial directors of a corporation that has not issued shares or has not commenced business.Â If the corporation has issued shares, then the dissolution is accomplished by the written consent of all of its shareholders or by following the statutory procedures requiring a vote of the shareholders.

A corporation which has not commenced business and which has not issued any shares may be voluntarily dissolved by its incorporators or its directors at any time by filing Articles of dissolution shall be signed by a majority of the incorporators or directors.Â The Articles must set forth: 1. The name of the corporation.
2. The date of issuance of its certificate of incorporation.
3. That none of its shares has been issued.
4. That the corporation has not commenced business.
5. That the amount, if any, actually paid for its shares, less disbursements for necessary expenses, has been returned to the person(s) entitled to those funds.
6. That no debts of the corporation remain unpaid.
7. That a majority of the incorporators or directors elect that the corporation be dissolved. An original and a copy of the articles of dissolution are filed with the Secretary of State.Â When the Articles are filed, a certificate from the Comptroller of Public Accounts that all franchise taxes have been paid must also be filed.

A corporation which has issued shares may be voluntarily dissolved by the written consent of all of its shareholders.Â When a written consent is executed, and the other statutory requirements are met, articles of dissolution are filed with the Secretary of State.

In the alternative, a corporation which has issued shares may be voluntarily dissolved by theÂ corporation if the dissolution is authorized in the following manner: 1. The board of directors must adopt a resolution recommending that the corporation be dissolved and directing that the question of such dissolution be submitted to a vote at a meeting of shareholders.Â The meeting can be either an annual meeting or a special meeting.
2. Written notice must be given to each shareholder of record entitled to vote.Â The notice must be within the time and in the manner provided in the Texas Business Corporation Act for the giving of notice of meetings of shareholders, and, whether the meeting be an annual or special meeting and must state that the purpose, (or one of the purposes) of the meeting is to consider the advisability of dissolving the corporation.
3. At the meeting a vote of shareholders must be taken on a resolution to dissolve the corporation. The resolution must be adopted on the affirmative vote of the holders of at least two-thirds of the outstanding shares of the corporation entitled to vote.Â If any class or series of shares is entitled to vote as a class on the resolution, the resolution requires adoption the affirmative vote of the holders of at least two-thirds of the outstanding shares within each class or series of shares and at least two-thirds of the outstanding shares otherwise entitled to vote. Shares entitled to vote as a class are entitled to vote only as a class unless the articles of incorporation provide to the contrary. When the resolution is adopted, and the other provisions of the Texas Business Corporation Act are complied with, then articles of dissolution are filed with the Secretary of State.

Before articles of dissolution may be filed: 1. The corporation must cease to carry on its business (except as may be necessary to wind up the corporation's business affairs).
2. The corporation must mail, by registered or certified mail, each known claimant against the corporation a written notice of the corporation's intent to dissolve.
3. The corporation must collect its assets, dispose of its properties that are not to be distributed in kind to its shareholders, pay, satisfy, or discharge all its debts, liabilities, and obligations, or make adequate provision for payment, satisfaction, or discharge of its debts, obligations, and liabilities, and do any other acts required to liquidate its business and affairs.Â If the properties and assets of the corporation are not sufficient to discharge all the corporation's obligations, the corporation must distribute its assets so far as they will go to the just and equitable payment, satisfaction, or discharge of its debts, liabilities, and obligations or it must make adequate provision for that distribution. After satisfying its obligations, or making adequate provision to satisfy its obligations, the corporation must then distribute the remainder of its properties and assets, either in cash or in kind, to its shareholders according to their respective rights and interests. Note: All Information and Previews are subject to the Disclaimer located on the main forms page, and also linked at the bottom of all search results.

Texas Dissolution Package to Dissolve Corporation

TEXAS CORPORATE DISSOLUTION

STATUTORY REFERENCE
TEXAS BUSINESS CORPORATION ACT, Articles 6.01 through 6.07

In Texas a corporation may be dissolved either voluntarily or involuntarily.Â THIS SUMMARY ADDRESSES ONLY VOLUNTARY DISSOLUTION.

Pearland Texas Dissolution Package to Dissolve Corporation

Description

Related forms

Viewed forms

How to fill out Pearland Texas Dissolution Package To Dissolve Corporation?

Form popularity

FAQ

What happens when dissolving a company?

What are the methods of dissolving a corporation?

How much does it cost to dissolve a corporation in Texas?

How do I file a dissolution of a corporation in Texas?

What are the two types of dissolution of a corporation?

How much is it to dissolve a company?

What do you need to dissolve a company?

What is involved in dissolving a corporation?

How much does it cost to dissolve an LLC in Alabama?

Interesting Questions

What is the purpose of a dissolution package in Pearland, Texas?

Why would I need to dissolve my corporation in Pearland, Texas?

What are the key components of a Pearland, Texas dissolution package?

Where can I obtain a dissolution package for Pearland, Texas?

How much does it cost to file a dissolution package in Pearland, Texas?

Are there any specific requirements or documents needed for a Pearland, Texas dissolution package?

Trusted and secure by over 3 million people of the world’s leading companies

Pearland Texas Dissolution Package to Dissolve Corporation

Description

Related forms

Viewed forms

How to fill out Pearland Texas Dissolution Package To Dissolve Corporation?

Form popularity

FAQ

What happens when dissolving a company?

What are the methods of dissolving a corporation?

How much does it cost to dissolve a corporation in Texas?

How do I file a dissolution of a corporation in Texas?

What are the two types of dissolution of a corporation?

How much is it to dissolve a company?

What do you need to dissolve a company?

What is involved in dissolving a corporation?

How much does it cost to dissolve an LLC in Alabama?