[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [North Carolina Secretary of State] [Corporation Division] [Address] [Raleigh, NC] Subject: Reinstatement of [Corporation Name] Dear [North Carolina Secretary of State], I am writing to request the reinstatement of my corporation, [Corporation Name]. Unfortunately, due to circumstances beyond my control, my corporation was administratively dissolved by the North Carolina Secretary of State. I fully understand the consequences of this administrative dissolution, which include the loss of certain rights and privileges. In light of this, I truly regret any inconvenience caused, and I am keen to rectify the situation by promptly reinstating my corporation, ensuring it is in good standing once again. To facilitate the reinstatement process, I have taken the following necessary steps: 1. Payment of Outstanding Fees: I understand that in order to proceed with the reinstatement process, all outstanding fees and penalties must be paid. Therefore, enclosed with this letter is the full payment for the following outstanding fees: a. Annual report filing fees b. Late filing penalties c. Any other applicable fees 2. Submission of Annual Reports: As part of the reinstatement process, I have completed and attached the required annual reports for each year my corporation was dissolved. These reports provide detailed information on the financial status of my corporation during the period it was dissolved. 3. Compliance with Legal Formalities: I assure you that I have taken immediate steps to bring my corporation into compliance with all the legal formalities required by the North Carolina corporations' laws. I have resolved any outstanding issues and made necessary changes to ensure future adherence. I kindly request that you review and verify the enclosed documents to confirm that I have satisfied all requirements for reinstatement. If there are any additional steps I need to take or if you require any further information, please do not hesitate to contact me at the provided contact details. I understand the importance of maintaining the active status of my corporation and complying with all state regulations, and I am fully committed to doing so moving forward. I apologize for any oversight or delay that led to the administrative dissolution and appreciate your diligence in processing my reinstatement request. Thank you for your attention to this matter. I eagerly look forward to receiving confirmation of the reinstatement of my corporation, [Corporation Name]. Sincerely, [Your Name] [Your Title] [Corporation Name] [Enclosures: Payment Receipts, Completed Annual Reports]
North Carolina Sample Letter for Reinstatement of Corporation
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How to fill out North Carolina Sample Letter For Reinstatement Of Corporation?
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My company has already been administratively dissolved. How can I get reinstated? Fix the problem that caused it to be dissolved. For example, if you have overdue annual reports, you will have to file them all. ... Fill out the Reinstatement Form. ... File the Reinstatement Form and pay fee reinstatement fee.
Once a company is dissolved, it no longer exists as a legal entity and cannot conduct business or enter into contracts. Dissolution may also trigger a number of certain legal obligations, such as the distribution of remaining assets to creditors or shareholders. It also might involve the filing of final tax returns.
When you need to change your North Carolina LLC's Articles of Organization, you must file an Amendment of Articles of Organization with the North Carolina Secretary of State. Filing an amendment can be done by mail, in person, or online, and costs $50.
After dissolution, a corporation is generally expected to pay all its existing debts and then liquidate its remaining assets to its shareholders. This sometimes becomes difficult, however, where there are unknown claims that may exist against the corporation.
Administrative dissolution is an involuntary dissolution action taken by the Secretary of State, or whatever they call it in your state, that results in the loss of the business entity's rights to do business in that particular location.
People who continue to operate a business that has been dissolved, are taking a serious risk. That's because once the company dissolves, the corporate protections no longer exist. That means that someone who operates the dissolved business, can be sued personally for anything the (dissolved) company does.
Filing fee for this Application for Reinstatement is $100.00, payable by check made to the order of the Secretary of State. 2. This Application must be filed with the Secretary of State.
Administrative dissolution is the taking away of the rights, powers, and authority of a domestic corporation, LLC, or other statutory business entity by the state administrator overseeing business entities, due to the entity's failure to comply with certain obligations of the business entity statute.
