Idaho Statement of Dissolution

State:
Idaho
Control #:
ID-SKU-234
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PDF
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Description

Statement of Dissolution

An Idaho Statement of Dissolution is a document that is filed with the Secretary of State in Idaho to officially dissolve a business entity. It is a legal document that provides notice to the public that the entity is no longer in existence. There are three types of Idaho Statement of Dissolution: (1) Statement of Dissolution for a Post-Incorporation Dissolution, (2) Statement of Dissolution for a Pre-Incorporation Dissolution, and (3) Statement of Dissolution for a Limited Liability Company (LLC). The document must include the name of the business entity, the date of dissolution, the name and address of the registered agent, the date and place of incorporation, and the signature of an authorized representative of the business. The document must be filed with the Secretary of State in Idaho and payment of the applicable fees must be made. After the filing of the Idaho Statement of Dissolution, the business entity is officially dissolved.

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FAQ

30-21-102(36), Idaho Code Line 3. Governor means a manager of a manager-managed limited liability company, or a member of a member-managed limited liability company. The document must be signed by an organizer or authorized person. Only one signature is required, but space has been provided for more than one.

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.

Is an Operating Agreement REQUIRED in Idaho? No. Idaho state law does not require businesses to implement an operating agreement.

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.

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.

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.

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.

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Idaho Statement of Dissolution