North Carolina Plan of Liquidation

State:
Multi-State
Control #:
US-CC-9-130
Format:
Word; 
Rich Text
Instant download

Description

This sample form, a detailed Plan of Liquidation document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
Free preview
  • Preview Plan of Liquidation
  • Preview Plan of Liquidation
  • Preview Plan of Liquidation

How to fill out Plan Of Liquidation?

Are you in the place where you need to have documents for both company or personal uses virtually every day? There are plenty of authorized papers templates available on the Internet, but finding versions you can depend on is not simple. US Legal Forms provides a large number of kind templates, such as the North Carolina Plan of Liquidation, that happen to be composed to fulfill federal and state specifications.

In case you are presently acquainted with US Legal Forms site and possess a merchant account, just log in. Following that, you may obtain the North Carolina Plan of Liquidation template.

Unless you have an account and would like to begin using US Legal Forms, follow these steps:

  1. Find the kind you require and make sure it is for your correct city/region.
  2. Utilize the Preview button to check the form.
  3. Read the information to actually have selected the correct kind.
  4. If the kind is not what you`re looking for, use the Lookup area to find the kind that suits you and specifications.
  5. If you get the correct kind, click Purchase now.
  6. Opt for the costs program you want, fill out the specified information to make your money, and pay for an order using your PayPal or bank card.
  7. Decide on a handy file format and obtain your duplicate.

Discover all of the papers templates you might have bought in the My Forms food list. You can obtain a further duplicate of North Carolina Plan of Liquidation at any time, if possible. Just click on the essential kind to obtain or print out the papers template.

Use US Legal Forms, probably the most considerable assortment of authorized varieties, in order to save time as well as steer clear of faults. The service provides appropriately manufactured authorized papers templates that can be used for an array of uses. Generate a merchant account on US Legal Forms and commence creating your lifestyle a little easier.

Form popularity

FAQ

There is a $30 fee ($32 if you file online) to file articles to dissolve a corporation or LLC in North Carolina. You can have a document processed the same day it is received if you pay a $200 expedite fee. For an additional $100, processing can be completed within 24 hours (excluding weekends/holidays).

If the name was ever registered with the state it will be in the entity database. The company will typically be determined to be dissolved or inactive. If it's dissolved you can more than likely use the name, but if the business is inactive the state may not let you use the name.

When administrative dissolution occurs, a business can still operate, have bank accounts, and accept payments. However, a creditor cannot go after any possible assets of that entity. If the suspended or defunct entity receives payment from clients, the checks must go into a corporate bank account.

In its most basic form, the corporation needs to vote to dissolve and then file the proper documents with the North Carolina Secretary of State's office. The process is slightly different if you have issued shares or have not issued shares, and if you have a board of directors or not.

Online filings are processed in 3-5 business days. Documents for LLC or corporation dissolution are processed by the North Carolina SOS in seven to ten business days when mailed. Same day expedited service costs an additional $200. 24 hour expedited service costs an additional $100.

A plan of dissolution, which specifies how the nonprofit corporation's remaining assets shall be distributed, must be attached to the Articles of Dissolution.

What happens if my company is administratively dissolved? You may lose some of the benefits of being incorporated. For example, if your company is not reinstated within 5 years, you may lose the right to use the same name.

Once an entity is administratively dissolved, it may apply to the Secretary of State for reinstatement (or requalification, in the case of foreign entities). The entities must submit an application and correct all reasons that led to the dissolution or else prove to the Secretary that the grounds do not exist.

Trusted and secure by over 3 million people of the world’s leading companies

North Carolina Plan of Liquidation