Revocation dissolution form 2025

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  1. Click ‘Get Form’ to open the revocation dissolution form in the editor.
  2. Begin by entering the name of the corporation in the designated field. Ensure accuracy as this identifies your entity.
  3. Next, input the date when the Certificate of Dissolution was issued. This is crucial for tracking your corporation's status.
  4. In the following section, provide the date on which a resolution to revoke the dissolution was adopted. Remember, this date must be within sixty days of the previous entry.
  5. Confirm that your corporation has not begun distributing its assets and has not initiated any court supervision proceedings for winding up.
  6. Have a duly authorized officer sign and date the document in black ink, affirming that all facts stated are true under penalties of perjury.
  7. If applicable, ensure that a majority of board members sign where indicated, typing or printing their names if no officers are available.

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Once a company is dissolved, it no longer exists as a legal entity and cannot conduct business or enter into contracts. Dissolution may also trigger a number of certain legal obligations, such as the distribution of remaining assets to creditors or shareholders.
When a domestic (NC) entity is dissolved, its called administrative dissolution. When a foreign (out-of-state) entity is dissolved, its called administrative revocation. Reinstatement and requalification are the processes for reinstating a business that has been previously dissolved or revoked.
What is Involuntary Dissolution? Involuntary dissolution is the legal termination of a company by a third party. It can occur due to several reasons, like not complying with state or federal laws, engaging in illegal activity, or being unable to settle outstanding debts.
Revocation is an annulment or cancellation of a statement or agreement. In the context of contracts, revocation may refer to the offeror canceling an offer.
Types of LLC Dissolution Dissolutions fall into three categories: judicial, administrative, and voluntary.
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People also ask

A corporation with an Active-Pending Termination status can be returned to Active status by filing a Revocation of Election to Terminate, also known as a Revocation of Election to Wind Up and Dissolve, that meets the requirements of California Corporations Code sections 173, 193, 1901 and 1902 as applicable.
Form 966 is typically filed by C corporations (including S corporations that were previously C corporations) that have made the decision to terminate their existence and wind up their affairs.

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