Montana Cancellation of Domestic Limited Partnership

State:
Montana
Control #:
MT-BS-08
Format:
PDF
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Description

This form is an official Montana form which complies with all applicable state codes and statutes. USLF updates all state forms as is required by state statutes and law.

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FAQ

To file your assumed business name, you have to fill out the Application for Registration of Assumed Business Name available from the Montana Secretary of State. The filing fee is $20.

File your Articles of Organization with the Montana Secretary of State and wait for your LLC to be approved. The state of Montana no longer has a file by mail option (as of 2017). All LLCs in Montana must be filed online. The Montana LLC filing fee is $70 (one-time payment).

File Articles of Dissolution with the state. Visit an online legal document creation service such as Legal Docs.com or Legal Zoom.com and write the LLC's Articles of Dissolution. These documents are necessary to legally separate each LLC member from the entity.

Professional LLCs The main difference between a LLC and a PLLC is that only professionals recognized in a state through licensing, such as architects, medical practitioners and lawyers, can form PLLCs. The articles of organization are similar to those for a standard LLC, but extra steps are necessary to file.

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.

Just as you filed paperwork with the state to form your LLC, you must file articles of dissolution or a similar document to dissolve the LLC. These papers are filed with the same state agency that handed your original LLC formationusually the secretary of state.

Owners are exposed to liability as a partner, so they form an LLC and conduct their partnership business as an LLC. The LLC takes the full liability but shields the owners from personal liability. An LLC can choose to be taxed as a corporation if it does not want to be taxed as a partnership.

A domestic LLC is a business operating in the same state where it was created. It files its Articles of Organization as a Limited Liability Company.

If your LLC was formed in the state of Montana and you wish to dissolve (or terminate) your business, you must file the Articles of Termination for a Limited Liability Company with the Secretary of State's office. You can find this form on the Secretary of State's website.

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Montana Cancellation of Domestic Limited Partnership