This is an official form from the Oklahoma Secretary of State, which complies with all applicable laws and statutes. USLF amends and updates the forms as is required by Oklahoma statutes and law.
Oklahoma Cancellation of Foreign Limited Partnership
State:
Oklahoma
Control #:
OK-SOS-FM-94
Format:
PDF
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How to fill out Oklahoma Cancellation Of Foreign Limited Partnership?
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FAQ
Oklahoma Statutes, § 18-2012.2, state that every Oklahoma LLC may adopt an operating agreement, but it isn't required by the Secretary of State. Despite it not being required, there are several reasons it is recommended to have one.
By David M. Under the LLC laws of the various states, there is always a procedure to formally shut down a single-member limited liability company (SMLLC). In most cases, closing an SMLLC, known in legal lingo as dissolving and winding up the business, usually involves a few basic steps.
To reinstate your Oklahoma entity you need to file Certificate of Renewal, Revival, Extension and Restoration (for corporations) or Application for Reinstatement (for LLCs) with Oklahoma Secretary of State and pay any fees, missing annual reports and penalties.
Take a Formal Vote on Dissolving the LLC. The owners, called members," of the LLC should vote on whether to dissolve the company. File a Certificate of Dissolution. Send a Notice to Your Creditors. Wind Up the Business. File a Certificate of Cancellation. File Final Tax Returns.
You must file Form 966, Corporate Dissolution or Liquidation, if you adopt a resolution or plan to dissolve the corporation or liquidate any of its stock. You must also file your corporation's final income tax return.
Certificate of Cancellation means the certificate required to be filed with the Secretary of State of the State of Delaware pursuant to Section 18-203 of the Act in connection with a dissolution of the Company.
File dissolution documents with your state or local government to deregister a business's legal name. When you legally close your business, you also cancel its legal name. The process for dissolving a business differs by state, and some states do not require sole proprietors and partners to file dissolution documents.
Written Resolution. Pay creditors. Distribute to Members. Complete Articles of Dissolution. File with Secretary of State. File with Oklahoma Tax Commission. File with IRS. Unemployment Authority.
Collect outstanding accounts receivable. liquidate (sell) your business assets and inventory to the extent possible. pay your employees (including vacation if your state requires it) and independent contractors.