Nevada Dissolution After Beginning of Business(NRS78.580)

State:
Nevada
Control #:
NV-SKU-1573
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Description

Dissolution After Beginning of Business(NRS78.580) Nevada Dissolution After Beginning of Business(NRS78.580) is the process of legally ending the existence of a business in the State of Nevada. This process must be done in accordance with Nevada Revised Statutes (NRS) 78.580. There are two types of Nevada Dissolution After Beginning of Business(NRS78.580): voluntary and involuntary. Voluntary dissolution is initiated by the business owners and requires the filing of a Certificate of Cancellation with the Nevada Secretary of State. Involuntary dissolution is initiated by the state and can be due to failure to pay taxes or comply with any other Nevada laws. In either case, dissolution must be completed before any assets of the business can be distributed. After the dissolution process is complete, the business can no longer conduct business in Nevada and any assets must be distributed in accordance with the law.

Nevada Dissolution After Beginning of Business(NRS78.580) is the process of legally ending the existence of a business in the State of Nevada. This process must be done in accordance with Nevada Revised Statutes (NRS) 78.580. There are two types of Nevada Dissolution After Beginning of Business(NRS78.580): voluntary and involuntary. Voluntary dissolution is initiated by the business owners and requires the filing of a Certificate of Cancellation with the Nevada Secretary of State. Involuntary dissolution is initiated by the state and can be due to failure to pay taxes or comply with any other Nevada laws. In either case, dissolution must be completed before any assets of the business can be distributed. After the dissolution process is complete, the business can no longer conduct business in Nevada and any assets must be distributed in accordance with the law.

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Nevada Dissolution After Beginning of Business(NRS78.580)