Sample Letter regarding Notification of Official Notice of Intent to Administratively Dissolve or Revoke Corporation [Your Name] [Your Address] [City, State, ZIP Code] [Date] [Recipient's Name] [Recipient's Position] [Company Name] [Company Address] [City, State, ZIP Code] Dear [Recipient's Name], Re: Official Notice of Intent to Administratively Dissolve or Revoke Corporation — [Company Name] I am writing this letter to bring to your attention the official notice of intent to administratively dissolve or revoke the corporation, [Company Name], registered under the Alaskan jurisdiction. This notice is being issued by the Alaska Department of Commerce, Community, and Economic Development (DICED), as per the provisions outlined in the Alaska Statutes. We have received communication from the DICED, notifying us that [Company Name] has failed to comply with certain legal obligations and requirements mandated by the state of Alaska. These obligations include, but are not limited to, maintaining a registered agent, filing required reports, and paying necessary fees and assessments. As the registered agent for [Company Name], it is your duty to ensure the fulfillment of all legal obligations and to maintain accurate records with the relevant authorities. However, it has come to our attention that several notifications and reminders regarding these obligations have been disregarded, leading to the issuance of this official notice of intent. The notice informs us that if [Company Name] fails to rectify the non-compliance issues within a specific timeframe, the corporation will be administratively dissolved or revoked by the DICED. This will result in the company losing its legal existence, which will have severe consequences, such as the inability to conduct business operations, losing legal protections, and potential liability for officers and directors. To avoid the impending administrative dissolution or revocation, it is imperative that immediate action is taken to rectify the outstanding issues. We strongly advise you to consult legal counsel and take the necessary steps to address these matters promptly. This may involve submitting the pending reports, paying the outstanding fees, and ensuring compliance with all relevant legal obligations. Failure to act within the specified timeframe may result in irreparable harm to [Company Name] and its stakeholders. Therefore, it is of utmost importance that you treat this matter with the urgency and attention it deserves. Please note that this letter serves as a formal notification of the impending consequences and should be considered as an official warning. We trust that you will take the necessary measures to remedy the situation promptly and avoid any further ramifications. If you have any questions or require assistance, please do not hesitate to contact our office at [Your Contact Information]. We are here to support you in resolving this matter as efficiently and effectively as possible. Thank you for your immediate attention to this matter. Yours sincerely, [Your Name] [Your Position] [Company Name]
Alaska Sample Letter regarding Notification of Official Notice of Intent to Administratively Dissolve or Revoke Corporation
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How to fill out Alaska 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.
