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An LLC dissolution form is a legal document that formally terminates the existence of a limited liability company (LLC) in Nevada.
There could be various reasons to dissolve your Nevada LLC, such as ending business operations, selling the company, or restructuring your organization.
You can download the Nevada LLC dissolution form from the Nevada Secretary of State's website or obtain it through legal document service providers.
The dissolution form typically requires details about your LLC's name, date of formation, and the reason for dissolution. It may also require information about the registered agent and managers of the LLC.
Yes, there is a filing fee to submit the Nevada LLC dissolution form. The fee amount can be found on the Nevada Secretary of State's website or by contacting their office.
It's recommended to resolve any pending lawsuits or debts before dissolving your Nevada LLC. However, if there are remaining obligations, the LLC's assets may be used to settle them.
While there is no specific deadline, it is generally advisable to file the dissolution form as soon as possible once the decision to dissolve the LLC has been made.
Once your Nevada LLC dissolution form is approved, the Secretary of State will officially terminate the LLC's legal existence. You may need to take additional steps to close business accounts, notify creditors, and fulfill any remaining obligations.
Yes, it is possible to revive a dissolved Nevada LLC under certain circumstances. You may need to follow specific procedures and meet certain requirements as determined by state laws.
For additional information and detailed instructions regarding Nevada LLC dissolution, it is recommended to visit the Nevada Secretary of State's website or consult with a legal professional.
LIMITED LIABILITY COMPANY
VOLUNTARY DISSOLUTION
STATUTORY REFERENCE
NEVADA REVISED STATUTES, §§ 86.491 through 86.541
In settling accounts after dissolution, the liabilities of a limited-liability
company must be paid in the following order:
1. To creditors, including members who are creditors, in the
order of priority as provided and to the extent otherwise permitted by
law, except those to members of the limited-liability company on account
of their contributions;
2. To members of the limited-liability company in respect of their
share of the profits and other compensation by way of income on their contributions;
and
3. To members of the limited-liability company in respect of their
contributions to capital.
Subject to any statement in the operating agreement, members share in the
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to their claims for profits or for compensation by way of income on their
contributions, respectively, in proportion to the respective amounts of
the claims.
When all debts, liabilities and obligations have been paid and discharged, or adequate provision has been made for those debts, liabilities, and obligations, and all of the remaining property and assets have been distributed to the members, articles of dissolution must be filed with the Secretary of State.Ă‚Â The articles must be signed by a manager, or if there is no manager, then by a member of the limited liability company.
Upon filing of the articles of dissolution, the existence of the company ceases except for the purpose of suits, other proceedings and appropriate action as provided in this chapter. The manager or managers in office at the time of dissolution, or the survivors of them, are thereafter trustees for the members and creditors of the dissolved company and as such have authority to distribute any property of the company discovered after dissolution, convey real estate and take such other action as may be necessary on behalf of and in the name of the dissolved company.
Note: All Information and Previews are subject to the Disclaimer located on the main forms page, and also linked at the bottom of all search results.
LIMITED LIABILITY COMPANY
VOLUNTARY DISSOLUTION
STATUTORY REFERENCE
NEVADA REVISED STATUTES, §§ 86.491 through 86.541
In settling accounts after dissolution, the liabilities of a limited-liability
company must be paid in the following order:
1. To creditors, including members who are creditors, in the
order of priority as provided and to the extent otherwise permitted by
law, except those to members of the limited-liability company on account
of their contributions;
2. To members of the limited-liability company in respect of their
share of the profits and other compensation by way of income on their contributions;
and
3. To members of the limited-liability company in respect of their
contributions to capital.
Subject to any statement in the operating agreement, members share in the
companyCFCbCb C"b,b"CFC"b,B CB"C"bB,C"b B"CFCbCB"C"bB,CB CFCB"CB"C"b,E!CB,CB"C"b,E>CB"CFCbCb C"b,b"CFCB"CB"C"b,E!CB,Cb&CB!CFCbCB"C"bB,CB!CFC"b,E!CbCB"CFCbCb C"b,b"CFC"b,B CB"C"bB,C"b B"CFCbCB"C"bB,CB!CFC"b,E!CbCB"CFCbCb C"b,b"CFC"b,E!CbCB"CFCbCbCB"CFCB"CB"C"b,E!CB,Cb&CB!CFC"b,E!CbCB,CFCbCB"C"bB,CB&CFC"b,E!CbCB!CFCbCb C"b,b"CFCB"CB"C"b,E!CB,Cb&CB!CFCbCB"C"bB,CB!CFC"b,E!CbCB,CFCbCb C"b,b"CFC"b,B CB"C"bB,C"b B"CFCbCB"C"bB,CB!CFC"b,E!CbCB"CFCbCb C"b,b"CFC"b,E!CbCB"CFCbCbCB"CFCB"CB"C"b,E!CB,Cb&CB!CFC"b,E!CbCB,CFCbCB"C"bB,CB&CFC"b,E!CbCB>CFCbCb C"b,b"CFCB"CB"C"b,E!CB,Cb&CB!CFCbCB"C"bB,CB!CFC"b,E!CbCB"s assets in respect to their claims for capital and in respect
to their claims for profits or for compensation by way of income on their
contributions, respectively, in proportion to the respective amounts of
the claims.
When all debts, liabilities and obligations have been paid and discharged, or adequate provision has been made for those debts, liabilities, and obligations, and all of the remaining property and assets have been distributed to the members, articles of dissolution must be filed with the Secretary of State.Ă‚Â The articles must be signed by a manager, or if there is no manager, then by a member of the limited liability company.
Upon filing of the articles of dissolution, the existence of the company ceases except for the purpose of suits, other proceedings and appropriate action as provided in this chapter. The manager or managers in office at the time of dissolution, or the survivors of them, are thereafter trustees for the members and creditors of the dissolved company and as such have authority to distribute any property of the company discovered after dissolution, convey real estate and take such other action as may be necessary on behalf of and in the name of the dissolved company.
Note: All Information and Previews are subject to the Disclaimer located on the main forms page, and also linked at the bottom of all search results.