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Dissolution of corporation refers to the closing of a corporate entity which can be a complex process. Ending a corporation becomes more complex with more owners and more assets.
Participants must submit filings to the Commission electronically in administrative proceedings using the Commissions Electronic Filings in Administrative Proceedings (eFAP) system accessed through the Commissions website, , at .
Once debts are paid and property is properly disposed of an application to dissolve can be made online or the Dissolution Form can be completed and submitted to the Corporate Registry. Once the dissolution application is processed, the Corporate Registry issues a Certificate of Dissolution.
The SECs EDGAR filing system is open for submitting files Monday thru Friday 6:00 a.m. to 10:00 p.m. ET, excluding SEC Federal Holidays as listed below. Files submitted after 5:30 p.m. ET will receive the next business days filing date except for Section 16 Form 3, 4, 5 filings.
Youll need to file articles of dissolution for your nonprofit, but before doing so you must send the Attorney General (AG) a written notice of your nonprofits intention to dissolve. The notice must include a copy or summary of your plan of dissolution.
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Once the decision has been made to dissolve, the nonprofit must stop transacting business, except to wind down its activities. The assets of a charitable nonprofit can only be used for exempt purposes.  This means that assets may not go to staff or board members.
These terms are often used interchangeably, but have distinct legal meanings. Dissolution is the winding up of the affairs of the entity in advance of the termination of the entity. Termination of the entity occurs when the entity ceases to legally exist.
While both words are concerned with the end of a business partnership, dissolution refers to the process itself, and usually to the departure (or death) of one or more individuals from the entity, while termination refers to the cessation of all operations, including the disposal of all assets.
A corporation seeking voluntary dissolution shall submit a verified request signed by its duly authorized representatives containing the corporate name, SEC registration number, principal office, a statement requesting for the dissolution, and reason for the dissolution.
A document informing the secretary of state that your corporation will be dissolving.

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