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 Articles of Dissolution Connecticut Secretary of the State CT Gov 2010

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Understanding Articles of Dissolution in Connecticut

The Articles of Dissolution is a formal document submitted to the Connecticut Secretary of the State to officially dissolve a business entity. This process is essential for legally terminating the existence of a corporation, limited liability company (LLC), or partnership in Connecticut. Filing this document ensures that the business is no longer recognized as a legal entity and helps prevent future liabilities or obligations.

Steps to Complete the Articles of Dissolution

Completing the Articles of Dissolution involves several important steps:

  1. Gather necessary information about the business, including its name, the date of formation, and the reason for dissolution.
  2. Ensure that all outstanding debts and obligations of the business are settled before filing.
  3. Obtain the appropriate form from the Connecticut Secretary of the State's website or office.
  4. Fill out the form accurately, providing all required details.
  5. Submit the completed Articles of Dissolution form along with any required fees to the Secretary of the State.

Key Elements of the Articles of Dissolution

The Articles of Dissolution must include specific information to be valid. Key elements typically required are:

  • The name of the business as registered with the state.
  • The date of formation of the business entity.
  • The reason for dissolution, which may include voluntary decision or completion of business purpose.
  • Signature of an authorized person, such as a director or member of the business.

Legal Use of the Articles of Dissolution

Filing the Articles of Dissolution is a legal requirement for businesses wishing to cease operations in Connecticut. This document protects the owners from future liabilities related to the business and formally notifies the state of the entity's dissolution. It is crucial for ensuring compliance with state laws and preventing potential penalties.

Obtaining the Articles of Dissolution

The Articles of Dissolution can be obtained directly from the Connecticut Secretary of the State's website. The form is available for download, and businesses can also request a physical copy by contacting the office. It is important to ensure that the correct version of the form is used based on the type of business entity being dissolved.

Filing Deadlines and Important Dates

When filing the Articles of Dissolution, it is vital to be aware of any applicable deadlines. Generally, businesses should file as soon as they decide to dissolve to avoid ongoing fees or penalties. Additionally, specific timelines may apply based on the type of entity and any pending obligations, such as taxes or legal matters.

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