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What are the articles of disillusionment?

Business entities such as LLCs and corporations must pay annual taxes or fees or file annual reports in many states. Articles of dissolution are the reverse of organization or incorporation articles they end your business entitys existence.

What are the articles of dissolution?

Articles of dissolution legally terminate a business entity such as an LLC or corporation. Filing requirements vary by state, but common steps include settling debts, notifying creditors, and canceling licenses.

What does dissolution mean?

Dissolution is the act of bringing an end or termination of a legal relationship between two parties, such as a partnership, contract or marriage.

What are the articles of dissolution in Canada?

If your corporation is ceasing operations, is already no longer in business, or was never actively used, it must submit a filing called articles of dissolution with the government in which your corporation was formed in order to formally dissolve your corporation or non-profit corporation.