Alaska Sample Letter regarding Notification of Official Notice of Intent to Administratively Dissolve or Revoke Corporation
Description
How to fill out Sample Letter Regarding Notification Of Official Notice Of Intent To Administratively Dissolve Or Revoke Corporation?
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FAQ
You may reinstate within two years following the date of dissolution. You can file with the Alaska Division of Corporations, Business, and Professional Licensing in person, by fax, or by mail. If you fax your request, a Credit Card Payment Form is required.
Judicial dissolution, sometimes called the corporate death penalty, is a legal procedure in which a corporation is forced to dissolve or cease to exist.
To dissolve your corporation in Alaska, you must file a Certificate of Election to Dissolve, before or at the same time as, the Articles of Dissolution form. File in duplicate with the Alaska Division of Corporations, Business, and Professional Licensing by mail, fax or in person.
Once your small business has fallen into bad standing, it may be involuntarily dissolved by the state. This means the existence of the business has been terminated, even if you didn't mean for it to happen. The good news is a business that is involuntarily dissolved may file for reinstatement.
A company may face involuntary dissolution in the event of a serious disagreement with shareholders over whether or not it should be dissolved. It may also be the result of bankruptcy, failure to file reports with the state, failure to pay taxes, or other irreparable conditions.
People who continue to operate a business that has been dissolved, are taking a serious risk. That's because once the company dissolves, the corporate protections no longer exist. That means that someone who operates the dissolved business, can be sued personally for anything the (dissolved) company does.
A dissolution is a formal closure of a business with its state of incorporation. Formally closing a business means the registered company is no longer seen as active through the eyes of the state. If an LLC or corporation does not file articles of dissolution, the state will continue to see the business as active.
BUSINESS LICENSING SECTION: Submit Business License: Request to Cancel (form 08-4732) to cancel any business licenses associated with this entity. Go to .BusinessLicense.Alaska.Gov for more information and forms. PROFESSIONAL LICENSING SECTION: Email License@Alaska.Gov for more information and appropriate forms.
