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C-159A Certificate of Dissolution Form to Dissolve a Profit Corporation pursuant to Action of Board and Shareholders 2025

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The document C-159S is a form used by domestic profit corporations in New Jersey to request dissolution following approval from the Board of Directors and shareholders. It outlines the necessary information required for filing, including corporation details, registered agent, directors/officers, board resolution text, and voting results. Additionally, it specifies the need for a Tax Clearance Certificate and payment of fees to complete the dissolution process. The document serves as a guide for corporations to ensure compliance with New Jersey laws regarding dissolution.
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Once the board resolution to dissolve is passed, and approved by the shareholders, the next step is to file the Certificate of Dissolution with the New Jersey Division of Revenue. Its a document that formally announces the corporations intent to dissolve and begins the legal wind-up process.
3. File an Article of Dissolution. An article of dissolution, certification of dissolution, or certificate of cancellation is a document where you mention to officially dissolve your business. You can fill out the form on your states corporation division on the Secretary of State website.
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.
The certificate of dissolution and termination is available online for download and there is a fee for filing. By filing these articles, you are formally terminating the LLCs status as a business entity registered directly with the state. This is also referred to as the formal process of dissolution.
Also known as articles of dissolution or certificate of cancellation in certain states. The certificate filed with the state once a company no longer wishes to continue in existence in its domiciled state.

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NJ Certificate of dissolution online NJ Certificate of dissolution and termination Certificate of dissolution NJ LLC form a-5088-tc njsa 42:2c Njsa 14A:12-3 c-159s

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People also ask

Corporate or LLC dissolution is an official filing with the state where your business was originally formed. The action will terminate the legal existence of your company wherever it does business.
Divorce is called dissolution in New Jersey because you are dissolving a legal union. The process and information below are the same for a divorce, dissolution of a civil union, termination of a domestic partnership, or annulment.

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C-159A Certificate of Dissolution - NJ.gov

Set forth the names and addresses of the Incorporators and Directors/Trustees constituting the First Board. NOTE: Address cannot be that of the corporation.

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The Right of Minority Stockholders to Prevent the Dissolution

by RA Sprecher Cited by 17 A minority stockholder may enjoin the majority stock- holders from proceeding to dissolve the corporation, where the majority are not acting in good faith..

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