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Articles of Dissolution (After Issuance of Shares) - Utah
Articles of Dissolution (After Issuance of Shares) is a legal document that was released by the Utah Department of Commerce - a government authority operating within Utah.
FAQ
Q: What are Articles of Dissolution?
A: Articles of Dissolution are legal documents that officially terminate a corporation or limited liability company (LLC) in Utah after it has issued shares or memberships.
Q: When are Articles of Dissolution required?
A: Articles of Dissolution are required when a corporation or LLC in Utah wants to close down and cease its operations after issuing shares or memberships.
Q: What information is required in the Articles of Dissolution?
A: The Articles of Dissolution must include the name of the corporation or LLC, the date of dissolution, the reason for dissolution, and a statement indicating that the corporation or LLC has not yet commenced business or that all debts and liabilities have been paid.
Q: Is there a fee for filing the Articles of Dissolution?
A: Yes, there is a fee for filing the Articles of Dissolution. The fee amount may vary, so it is best to check with the Utah Division of Corporations and Commercial Code for the current fee schedule.
Q: What happens after the Articles of Dissolution are filed?
A: After the Articles of Dissolution are filed and approved by the Utah Division of Corporations and Commercial Code, the corporation or LLC will be officially dissolved and its legal existence will come to an end.
Q: Can a dissolved corporation or LLC continue its business activities?
A: No, a dissolved corporation or LLC cannot continue its business activities. Its legal existence has come to an end, and any remaining assets or liabilities must be dealt with according to Utah law.
Q: Can the name of a dissolved corporation or LLC be reused?
A: Once a corporation or LLC is dissolved in Utah, its name becomes available for use by other entities. However, it is advisable to check with the Utah Division of Corporations and Commercial Code to ensure that the name is not already in use.
Q: Is it possible to reinstate a dissolved corporation or LLC?
A: Yes, it is possible to reinstate a dissolved corporation or LLC in Utah under certain circumstances. The process for reinstatement may vary depending on the specific circumstances of the dissolution.
Form Details:
- Released on August 1, 2018;
- The latest edition currently provided by the Utah Department of Commerce;
- Ready to use and print;
- Easy to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the Utah Department of Commerce.
