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To dissolve your Montana Corporation, you submit the completed Articles of Dissolution for Profit Corporation form as well as a Tax Certificate from the Department of Revenue, to the Secretary of State by mail, fax or in person. Submit your dissolution along with the filing fee.
When you dissolve a company, all debts owed must still be repaid. You must either repay the debts before commencing dissolution, or you choose a method of closing the company such as liquidation if you cannot repay them. Some directors consider dissolving a company with debt as a means of avoiding liquidation costs.
By dissolving an LLC properly, it means that the LLC is no longer a legal business entity so you wont be expected to pay any fees or taxes, or file any more documents. Despite no longer operating, it is possible for members to create a new LLC and run it in the same way as the dissolved company.
How is Property Divided? Montana Law recognizes that spouses who work as homemakers and spouses who work outside the home both contribute to the property acquired during the marriage. Property is to be divided equitably between the parties upon dissolution. An equitable dissolution is not always a 50/50 distribution.
Liabilities, or debts, must be divided at divorce. Before dividing a debt, the court will have to characterize it as either marital or separate and then assign responsibility for it based on the same equitable principles applied to distribution of assets.

People also ask

To dissolve your Montana Corporation, you submit the completed Articles of Dissolution for Profit Corporation form as well as a Tax Certificate from the Department of Revenue, to the Secretary of State by mail, fax or in person. Submit your dissolution along with the filing fee.
In a joint property, what property rights do divorced women have? If the property is registered as a joint property of a couple that is getting married, the wife will be entitled to claim it after the divorce process. The court will award him his portion based on his contribution to the property.
Involuntary Dissolution -- Procedure By reason of the default, the limited liability company may be involuntarily dissolved by order of the secretary of state, thereby forfeiting its right to transact any business in this state.
How do you dissolve/terminate a Montana Limited Liability Company? To terminate your domestic LLC in Montana, you must provide the completed Articles of Termination for a Limited Liability Company form to the Secretary of State by mail, fax or in person, along with the filing fee.
Involuntary Dissolution -- Procedure By reason of the default, the limited liability company may be involuntarily dissolved by order of the secretary of state, thereby forfeiting its right to transact any business in this state.

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