This Plan of Dissolution of a Law Firm covers covers all necessary topics for the dissolution of the firm. Included are: Plan of dissolution, liquidation objectives, surrender of leasehold estates, estimated balance sheet items, termination of personnel, accounts receivable billing and collecting, cash management, professional liability, and indemnity issues.
Colorado Dissolving a Law Firm
Category:
State:
Multi-State
Control #:
US-L07054
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Word;
PDF;
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FAQ
Federal law requires a tax-exempt charitable nonprofit that is dissolving to distribute its remaining assets ONLY to another tax-exempt organization or to the federal government or a state or local government for a public purpose.
Colorado requires that all articles of dissolution be filed online using the state's online filing system. (However, if you want some to see what an old, printed articles of dissolution form looks like, one is still available for download from the SOS website.) There is a $25 fee to file the articles.
Is there a filing fee to dissolve or cancel a Colorado Corporation? To dissolve a corporation or LLC in Colorado requires a $25 filing fee.
What are 5 steps that are necessary in order to dissolve your Colorado business? Obtain agreement to dissolve ing to corporation formalities & contracts. File a Certification of Dissolution (Articles of Dissolution) File federal, state, and local tax returns. Notify creditors, customers, and employees.
A dissolution/withdrawal must be filed electronically through our website. On the ?Summary? page of the entity, scroll down and select File a form. Once the form is ready for filing, the system will proceed to the first of three payment pages. Your filing is complete once you see a Confirmation page.
6 Steps to Dissolve a Corporation #1 ? Seek Approval from the Board of Directors and Shareholders. First, hold a meeting with the board of directors. ... #2 ? File Articles of Dissolution. ... #3 ? Finalize Taxes. ... #4 ? Notify Creditors. ... #5 ? Liquidate and Distribute Assets. ... #6 ? Wrap Up Operations.
First, you need to be sure to include the legal name of your company. Second, your articles of dissolution should state the date when your company will be dissolved. Finally, there should be a statement that your corporation's board of directors or your LLC's members approved the dissolution.