Nebraska Statement of Dissolution

State:
Nebraska
Control #:
NE-SKU-0234
Format:
PDF
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Description

Statement of Dissolution

A Nebraska Statement of Dissolution is a document that is legally filed with the Nebraska Secretary of State to dissolve a business entity in the state. It is a necessary step when a business wishes to terminate its existence in the state and cease all operations. There are two types of Nebraska Statements of Dissolution: (1) Dissolution by Incorporated(s) and (2) Dissolution by Court Order. A Dissolution by Incorporated(s) is filed when all the incorporates of a business entity agree to dissolve the business. It requires the signature of all the incorporates and must include the date of dissolution, the name of the business entity, and the name and address of the registered agent. A Dissolution by Court Order is filed when the court orders the dissolution of a business entity. It requires the signature of the court clerk and must include the date of dissolution, the name of the business entity, and the court order. Both types of Nebraska Statements of Dissolution must be notarized and submitted to the Nebraska Secretary of State with the applicable filing fees.

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FAQ

Nebraska requires business owners to submit their Statement of Dissolution by mail or online. You can also have a professional service provider file your Articles of Dissolution for you. Incfile prepares the Articles of Dissolution for you, and files them to the state for $149 + State Fees.

How to dissolve a business in 7 steps Step 1: Get approval of the owners of the corporation or LLC.Step 2: File the Certificate of Dissolution with the state.Step 3: File federal, state, and local tax forms.Step 4: Wind up affairs.Step 5: Notify creditors your business is closing.Step 6: Settle creditors' claims.

Dissolving a corporation successfully takes several key steps. Such requirements may vary across the fifty states. Generally, it is recommended that business owners get legal assistance to file the necessary documents with the proper state agencies.

LLCs will prepare a Statement of Dissolution. You can submit your document for filing online, in person at the Secretary of State's Office, or by mail. In addition to filing dissolution documents, Nebraska law requires companies to publish a notice of dissolution in the local newspaper.

Less... Hold a Board of Directors meeting and record a resolution to Dissolve the Nebraska Corporation.Hold a Shareholder meeting to approve Dissolution of the Nebraska Corporation.File all required Biennial Reports with the Nebraska Secretary of State.Clear up any business debts.

You can submit your document for filing online, in person at the Secretary of State's Office, or by mail. In addition to filing dissolution documents, Nebraska law requires companies to publish a notice of dissolution in the local newspaper.

Liquidation of Assets After a company is dissolved, it must liquidate its assets. Liquidation refers to the process of sale or auction of the company's non-cash assets. Note that only those assets your company owns can be liquidated. Thus, you can't liquidate assets that are used as collateral for loans.

6. Create an operating agreement. An operating agreement is a document that outlines the way your LLC will conduct business. Nebraska doesn't require an LLC to file an operating agreement, but it is an essential component of your business.

More info

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.

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Nebraska Statement of Dissolution