Maryland Articles of Cancellation (Domestic Limited Liability Company) is the document used to formally dissolve a Domestic Limited Liability Company (LLC) in the state of Maryland. The document serves to cancel the LLC’s Certificate of Formation and provide notice to the Maryland Department of Assessments and Taxation (SEAT) that the LLC is no longer in business. There are two types of Maryland Articles of Cancellation (Domestic Limited Liability Company): Voluntary Cancellation and Involuntary Cancellation. Voluntary Cancellation is the process of voluntarily terminating the LLC due to the decision of the members or managers, while Involuntary Cancellation is the process of terminating the LLC due to state law or order. Both types of cancellation require the members or managers to file a Certificate of Cancellation with the SEAT.
Maryland Articles of Cancellation (Domestic Limited Liability Company) is the document used to formally dissolve a Domestic Limited Liability Company (LLC) in the state of Maryland. The document serves to cancel the LLC’s Certificate of Formation and provide notice to the Maryland Department of Assessments and Taxation (SEAT) that the LLC is no longer in business. There are two types of Maryland Articles of Cancellation (Domestic Limited Liability Company): Voluntary Cancellation and Involuntary Cancellation. Voluntary Cancellation is the process of voluntarily terminating the LLC due to the decision of the members or managers, while Involuntary Cancellation is the process of terminating the LLC due to state law or order. Both types of cancellation require the members or managers to file a Certificate of Cancellation with the SEAT.