The Idaho Statement of Dissolution is a document filed with the Idaho Secretary of State to officially dissolve a business entity. Depending on the type of business entity, there are two types of Idaho Statement of Dissolution documents: (1) the Statement of Dissolution for a Corporation, and (2) the Statement of Dissolution for a Limited Liability Company. The Statement of Dissolution for a Corporation must be signed by the corporation's president, secretary, or other authorized officer. The Statement of Dissolution for a Limited Liability Company must be signed by a managing member or other authorized person. Both documents must include the name of the business entity, the date of dissolution, the effective date of the filing, and the signature of the signatory. Once the Statement of Dissolution is filed, the business entity is officially dissolved and is no longer required to file annual reports with the Idaho Secretary of State.
Idaho Statement of Dissolution
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How to fill out Idaho Statement Of Dissolution?
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FAQ
Dissolution is a legal process that terminates a business entity's existence. If a corporation or LLC is not properly dissolved, it continues to exist as a legal entity under state law. This means that it still faces corporate or LLC filing requirements, such as annual reports and franchise taxes.
LLC ownership is personal property to its members. Therefore the operating agreement and Idaho state laws declare the necessary steps of membership removal. To remove a member from your LLC, a withdrawal notice, a unanimous vote, or a procedure depicted in the articles of organization may entail.
The statement of dissolution must be signed by a manager/member/authorized person of the LLC. Please identify the name of the signer by typing his/her name below the signature. If you have questions or need help, call the Secretary of State's office at (208) 334-2301.
To amend your Certificate of Organization for an Idaho LLC, you must submit an Amendment to Certificate of Organization with the Idaho Secretary of State. You'll also need to pay the $30 online filing fee or the $50 paper filing fee, depending on how you file.
To dissolve your corporation in Idaho, you can sign in to your SOSBiz account and choose ?terminate business.? Or, you can provide the completed Articles of Dissolution form in duplicate to the Secretary of State by mail or in person, along with the filing fee.
30-25-702. WINDING UP. (a) A dissolved limited liability company shall wind up its activities and affairs and, except as otherwise provided in section 30-25-703, Idaho Code, the company continues after dissolution only for the purpose of winding up. (G) Perform other acts necessary or appropriate to the winding up.
To dissolve your corporation in Idaho, you can sign in to your SOSBiz account and choose ?terminate business.? Or, you can provide the completed Articles of Dissolution form in duplicate to the Secretary of State by mail or in person, along with the filing fee.