Maryland Articles of Incorporation for Close Corporation
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How to fill out Maryland Articles Of Incorporation For Close Corporation?
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FAQ
Every state has a form for the articles of incorporation. You can find your state's form on the website of the state agency that handles business filings. In most states, that's the secretary of state, but some states have a different business filing agency.
Dissolve the Legal Entity (LLC or Corporation) with the State. An LLC or Corporation needs to be officially dissolved. Pay Any Outstanding Bills. You need to satisfy any company debts before closing the business. Cancel Any Business Licenses or Permits. File Your Final Federal and State Tax Returns.
Are articles of incorporation public? The answer is yes. These documents, which are filed with the Secretary of State or similar agency to create a new business entity, are available for public viewing.In some states, including Arizona, the articles of incorporation can be downloaded by anyone for free.
Failing to dissolve the corporation allows third parties to continue to sue the corporation as if it is still in operation. A judgment might mean that shareholders use the money received from distributed assets when the corporation closed down to satisfy judgments against the corporation.
You can find information on any corporation or business entity in Maryland or another state by performing a search on the Secretary of State website of the state or territory where that corporation is registered.
In many instances, the Secretary of State's office allows businesses to request a copy of their articles of incorporation by phone, or in person. In some instances, a request for copies of incorporation may be initiated by fax, email, or by writing the Secretary of State or Department of State's office.
You must file Form 966, Corporate Dissolution or Liquidation, if you adopt a resolution or plan to dissolve the corporation or liquidate any of its stock. You must also file your corporation's final income tax return.
Hold a Board of Directors meeting and record a resolution to Dissolve the Maryland Corporation. Hold a Shareholder meeting to approve Dissolution of the Maryland Corporation. File all required Annual Personal Property Returns with the Maryland Department of Assessments and Taxation. Clear up any business debts.
Corporate Dissolution The general rules for voluntary dissolution are found in Maryland's General Corporation Law (GCL). The GCL contains two methods for voluntary dissolution: action by the board of directors followed by a stockholder vote; and. written consent of all stockholders.