What does administrative dissolution mean in Minnesota?

Administrative dissolution is an action taken by the Secretary of State that results in the loss of a business entity's rights, powers and authority. Reinstatement is the action taken that restores an administratively dissolved business entity's rights, powers, and authority.

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Minnesota Statement of Dissolution

Minnesota Statement of Dissolution

Name: Minnesota Statement of Dissolution
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.65 (210 reviews)

Category:

Minnesota Secretary of State - Limited Liability Partnerships

State:

Minnesota

Control #:

MN-SKU-0414

Format:

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Description

Statement of Dissolution A Minnesota Statement of Dissolution is a document used to officially dissolve a Minnesota business entity. It is filed with the Minnesota Secretary of State’s office to declare the dissolution of a corporation, limited liability company (LLC), limited partnership (LP), or limited liability partnership (LLP). It is important to note that filing a Minnesota Statement of Dissolution does not absolve a business entity from any outstanding debts or obligations. There are two types of Minnesota Statement of Dissolution: voluntary and involuntary. Voluntary dissolution occurs when the business entity is dissolved voluntarily by the members or shareholders, while involuntary dissolution occurs when the Secretary of State’s office dissolves the business entity due to non-payment of fees, failure to file required documents, or other reasons. The Minnesota Statement of Dissolution must include the name of the business entity, its address, the date of dissolution, the name and address of the person filing the document, and the signature of the person filing the document. The filing fee is $50.

A Minnesota Statement of Dissolution is a document used to officially dissolve a Minnesota business entity. It is filed with the Minnesota Secretary of State’s office to declare the dissolution of a corporation, limited liability company (LLC), limited partnership (LP), or limited liability partnership (LLP). It is important to note that filing a Minnesota Statement of Dissolution does not absolve a business entity from any outstanding debts or obligations. There are two types of Minnesota Statement of Dissolution: voluntary and involuntary. Voluntary dissolution occurs when the business entity is dissolved voluntarily by the members or shareholders, while involuntary dissolution occurs when the Secretary of State’s office dissolves the business entity due to non-payment of fees, failure to file required documents, or other reasons. The Minnesota Statement of Dissolution must include the name of the business entity, its address, the date of dissolution, the name and address of the person filing the document, and the signature of the person filing the document. The filing fee is $50.

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How to fill out Minnesota Statement Of Dissolution?

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Administrative dissolution is an action taken by the Secretary of State that results in the loss of a business entity's rights, powers and authority. Reinstatement is the action taken that restores an administratively dissolved business entity's rights, powers, and authority.

If your entity is on the "Certificate of Administrative Dissolutions" and you want the entity to be reinstated, you must contact our office at 608-261-7577 and request the forms to reinstate the entity.

Articles of Dissolution filed under Minnesota Statutes, sections 302A. 7291 or 302A. 727 is used to dissolve a corporation that has issued shares and must have filed or be accompanied by an 'Intent to Dissolve' filing.

How do I close a business? To close your business and all of your tax accounts through e-Services, you must be an e-Services Master for the business. You can also email business.registration@state.mn.us, or call 651-282-5225 or 1-800-657-3605 (toll-free). Note: If your business closed more than a year ago, contact us.

If you do not revive your business within the 90-day time frame, we will Administratively Dissolve/Cancel your business. To revive your business: File all tax returns. Pay all taxes, fee, penalties, and interest.

NOTE: To cancel your Limited Liability Partnership registration, you must write ?Cancellation? on the form in box four. A signature of at least 2 partners or authorized agent is required. Use this form to file your annual renewal once every calendar year.

Revocation refers to cases in which the Articles of Incorporation for a Corporation or Articles of Organization for an LLC are revoked by the Secretary of State. Another term for Revocation is Administrative Dissolution.

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Enter the name and mailing address to which any correspondence regarding this filing should be sent. This field must be completed for the Bureau to return the.Pa.C.S. § 1905 or § 5905. Complete and file the Certificate of Dissolution with the Department of State. Complete and include this form with your paper submission. Enter the name and address to return an acknowledgement copy of this form to. This must be a physical address. Principal office mailing address. HOW WAS THE DISSOLUTION APPROVED: Complete the information as required. If membership approval was not required, check the appropriate section.

Minnesota Statement of Dissolution

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