Connecticut Sample Letter for Official Notice of Intent to Administratively Dissolve or Revoke
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How to fill out Sample Letter For Official Notice Of Intent To Administratively Dissolve Or Revoke?
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FAQ
To dissolve a Connecticut corporation, you just need to file a Certificate of Dissolution with the Connecticut Secretary of the State, Commercial Recording Division (SOTS). Connecticut has forms available for use but you can draft your own articles of dissolution as long as they contain the required information.
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.
If you voluntarily dissolve your LLC or Limited Partnership you may file a reinstatement, returning to active status while keeping your original date of formation. Reinstatement following a voluntary dissolution is only available for LLCs and Limited Partnerships.
Administrative dissolution is the taking away of the rights, powers, and authority of a domestic corporation, LLC, or other statutory business entity by the state administrator overseeing business entities, due to the entity's failure to comply with certain obligations of the business entity statute.
To reinstate your LLC, you'll have to submit the following to the Connecticut Secretary of the State: a completed Reinstatement Package. a $120 reinstatement fee. an annual report for the current year. any penalties owed.
Typical items include: meeting with your LLC members to vote on the dissolution. distributing your LLC assets. assigning a dissolution date. deciding on how to handle business debts. contacting creditors.
Connecticut LLC Cost. Connecticut's state fee for LLC formation is $120. Connecticut LLCs also need to file an annual report every year, which costs $80. Depending on your industry and business needs, you might have additional expenses, such as licensing fees, business insurance, and registered agent fees.
Although the content will vary, certain elements should be included in every letter of dissolution. These include: The name of the recipient and the name of the person sending the letter. The purpose of the letter, including the relationship to be terminated and the date of termination, stated in the first paragraph.
