The Kentucky Statement of Dissociation is a document used in Kentucky for the purpose of dissolving an association between two individuals or groups. It is a legally binding document that officially terminates an agreement between the two parties. There are two types of Kentucky Statement of Dissociation; the Dissociation of a Sole Member and the Dissociation of Joint Members. The Dissociation of a Sole Member is used when two parties are dissociating and one is the sole member of the association. The Dissociation of Joint Members is used when two parties are dissociating and both are joint members of the association. The Kentucky Statement of Dissociation must be signed by both parties in the presence of a notary. It must also include the date of the document, the names of all parties involved, and the specific reason for the dissociation. Upon completion, the document should be filed in the county where the association was formed.
Kentucky Statement of Dissociation
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How to fill out Kentucky Statement Of Dissociation?
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FAQ
In Kentucky, business entities are required by law to formally dissolve. In order to properly close, a domestic entity must file articles of dissolution, and a foreign entity must file a certificate of withdrawal. These forms are available for download on this website.
What does "inactive" status on a name search mean? Entities that are "inactive" are either in "good standing" or "bad standing." If an entity has "inactive status and bad standing," either the entity did not file an annual report for the year, or the registered agent has resigned and a new agent has not been appointed.
How to File Your Kentucky Articles of Organization Submit your LLC's official name. Provide the name and address of your LLC's initial Registered Agent and Registered Office. Include signed consent from your LLC's Registered Agent. Provide the address of your LLC's Principal Office.
If your Kentucky LLC was administratively dissolved by the Kentucky Secretary of State (SOS), you can reinstate at any time. You just have to complete and submit the Reinstatement Application. The reinstatement application packet is available on the SOS Business Services website.
Is there a filing fee to dissolve or cancel a Kentucky LLC? There is a $40 filing fee to file Kentucky Articles of Dissolution.
How do I amend a foreign LLC in Kentucky? You can amend your LLC by filing an Amended Certificate of Authority with the SOS. There is a $40 filing fee. Once the amendment has been approved, the SOS will mail a stamped postcard to your LLC's principal office that proves the foreign LLC has been amended.