Statement of Dissolution (Domestic or Foreign Partnership) - Kentucky

Statement of Dissolution (Domestic or Foreign Partnership) is a legal document that was released by the Kentucky Secretary of State - a government authority operating within Kentucky.

FAQ

Q: What is a Statement of Dissolution?
A: A Statement of Dissolution is a formal document that partners of a partnership file to dissolve the partnership.

Q: What is a domestic partnership?
A: A domestic partnership is a partnership formed within the state of Kentucky.

Q: What is a foreign partnership?
A: A foreign partnership is a partnership formed outside of the state of Kentucky.

Q: When should I file a Statement of Dissolution?
A: You should file a Statement of Dissolution when you want to formally dissolve your partnership.

Q: What information is needed to file a Statement of Dissolution?
A: You will need the name of the partnership, the date of dissolution, and the reason for dissolution.

Q: Is there a fee to file a Statement of Dissolution?
A: Yes, there is a fee to file a Statement of Dissolution with the Kentucky Secretary of State.

Q: What happens after I file a Statement of Dissolution?
A: After you file a Statement of Dissolution, your partnership will be officially dissolved.

Q: Do I need to notify anyone else about the dissolution of my partnership?
A: Yes, you may need to notify other parties such as creditors, employees, and other partners.

Q: Can I revive a dissolved partnership?
A: Yes, you may be able to revive a dissolved partnership by filing a Statement of Revocation of Dissolution.