Limited Liability Company Statement of Dissolution is a legal document that was released by the Utah Department of Commerce - a government authority operating within Utah.
Q: What is a Limited Liability Company (LLC)?
A: An LLC is a business structure that provides the limited liability protection of a corporation and the flexibility of a partnership.
Q: What is a Statement of Dissolution?
A: A Statement of Dissolution is a legal document filed by an LLC to formally dissolve the company and cease its operations.
Q: Why would an LLC file a Statement of Dissolution?
A: An LLC may file a Statement of Dissolution if the business is closing down, no longer performing business activities, or if the members decide to dissolve the company.
Q: What information is required in a Statement of Dissolution?
A: The Statement of Dissolution typically requires the LLC's name, date of dissolution, and signatures of authorized individuals.
Q: How do I file a Statement of Dissolution in Utah?
A: To file a Statement of Dissolution in Utah, you can submit the completed form to the Utah Division of Corporations and Commercial Code, along with the required filing fee.
Q: What are the consequences of filing a Statement of Dissolution?
A: Filing a Statement of Dissolution formally ends the LLC's existence as a legal entity, and the company must cease all business activities and comply with any remaining legal obligations.
Form Details:
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.