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 Llc 55 2012

Llc 5 5 2012-2025 Form

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What is the LLC 55?

The LLC 55 form is a crucial document used for the dissolution of a limited liability company (LLC) in Illinois. This form officially notifies the state that the LLC is ceasing operations and provides a record of its dissolution. Completing the LLC 55 is essential for ensuring that the company is removed from the state’s business registry, which helps prevent future liabilities and obligations associated with the entity.

How to Obtain the LLC 55

To obtain the LLC 55 form, individuals can visit the Illinois Secretary of State's website or contact their office directly. The form is typically available for download in a PDF format, which can be filled out electronically or printed for manual completion. It is important to ensure that the correct version of the form is used, as outdated forms may not be accepted.

Steps to Complete the LLC 55

Completing the LLC 55 form involves several key steps:

  • Provide the name of the LLC as registered with the state.
  • Include the LLC's file number, which can be found on previous state correspondence.
  • Specify the effective date of dissolution, if different from the filing date.
  • List the names and addresses of the members or managers of the LLC.
  • Sign and date the form, ensuring that the signature is from an authorized individual.

Legal Use of the LLC 55

The LLC 55 form serves as a legal document that formalizes the dissolution of an LLC. It is important to file this form to prevent any future legal obligations or liabilities associated with the company. Proper filing ensures compliance with state laws and protects the interests of the members involved. Failure to file the LLC 55 may result in continued tax obligations and potential legal repercussions.

Filing Deadlines / Important Dates

Filing the LLC 55 form should be done promptly after the decision to dissolve the LLC has been made. While there is no specific deadline for filing, it is advisable to submit the form as soon as possible to avoid ongoing fees or penalties. Additionally, if the LLC has any outstanding debts or obligations, these should be resolved before filing for dissolution to ensure a smooth process.

Required Documents

When completing the LLC 55 form, certain documents may be required to support the dissolution process. These may include:

  • Operating agreement of the LLC, if applicable.
  • Minutes from meetings where the dissolution was discussed and approved.
  • Any relevant tax clearance documents, confirming that all taxes have been paid.

Form Submission Methods

The LLC 55 form can be submitted in several ways to the Illinois Secretary of State:

  • Online submission through the Secretary of State's website, if available.
  • Mailing the completed form to the appropriate state office.
  • In-person delivery at designated state offices.

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