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Montana Articles of Dissolution for Profit Corporation

Montana Articles Of Dissolution Form

Name: Montana Articles of Dissolution for Profit Corporation
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.88 (391 reviews)

Category:

Montana Corporations - Domestic

State:

Montana

Control #:

MT-BS-36

Format:

Instant download

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Description

This form is an official Montana form which complies with all applicable state codes and statutes. USLF updates all state forms as is required by state statutes and law.

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FAQ

Dissolution. 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.

Hold a Board of Directors meeting and record a resolution to Dissolve the Montana Corporation. Hold a Shareholder meeting to approve Dissolution of the Montana Corporation. File all required Annual Reports with the Montana Secretary of State. File all required tax returns with the Montana Department of Revenue.

Call a Board Meeting. File a Certificate of Dissolution With the Secretary of State. Notify the Internal Revenue Service (IRS) Close Accounts and Credit Lines, Cancel Licenses, Etc.

There is no fee to file the certificate of dissolution. However, there is a non-refundable $15 special handling fee for processing documents delivered in person at the Sacramento SOS office. It can take the SOS many weeks to process a certificate. However, expedited service is available for an additional fee.

Step 1: Corporation or LLC action. Step 2: Filing the Certificate of Dissolution with the state. Step 3: Filing federal, state, and local tax forms. Step 4: Notifying creditors your business is ending. Step 5: Settling creditors' claims.

Dissolve the Legal Entity (LLC or Corporation) with the State. An LLC or Corporation needs to be officially dissolved. Pay Any Outstanding Bills. You need to satisfy any company debts before closing the business. Cancel Any Business Licenses or Permits. File Your Final Federal and State Tax Returns.

Definition. The ending of a corporation, either voluntarily by filing a notice of dissolution with the Secretary of State or as ordered by a court after a vote of the shareholders, or involuntarily through government action as a result of failure to pay taxes.

Failing to dissolve the corporation allows third parties to continue to sue the corporation as if it is still in operation. A judgment might mean that shareholders use the money received from distributed assets when the corporation closed down to satisfy judgments against the corporation.

Montana Articles Of Dissolution Form

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