Oregon Articles of Dissolution (Nonprofit) are legal documents used to dissolve a nonprofit corporation in the state of Oregon. The articles must be filed with the Oregon Secretary of State and include information such as the name of the nonprofit, the date of dissolution, and the name and address of the nonprofit's registered agent. There are two types of Oregon Articles of Dissolution (Nonprofit): a Standard Dissolution and a Voluntary Dissolution. A Standard Dissolution is used when a nonprofit no longer wishes to continue its operations and has no debts or liabilities, while a Voluntary Dissolution is used when the nonprofit has debts or liabilities that need to be paid and/or disposed of before the nonprofit can be dissolved. Both types of articles must be signed by an authorized officer of the nonprofit and must include the name and address of the registered agent.
Oregon Articles of Dissolution (Nonprofit)
Description
How to fill out Oregon Articles Of Dissolution (Nonprofit)?
Handling legal documentation requires attention, precision, and using properly-drafted templates. US Legal Forms has been helping people countrywide do just that for 25 years, so when you pick your Oregon Articles of Dissolution (Nonprofit) template from our service, you can be certain it meets federal and state laws.
Dealing with our service is simple and fast. To obtain the required paperwork, all you’ll need is an account with a valid subscription. Here’s a quick guide for you to find your Oregon Articles of Dissolution (Nonprofit) within minutes:
- Make sure to carefully check the form content and its correspondence with general and law requirements by previewing it or reading its description.
- Search for an alternative official template if the previously opened one doesn’t match your situation or state regulations (the tab for that is on the top page corner).
- ​Log in to your account and download the Oregon Articles of Dissolution (Nonprofit) in the format you prefer. If it’s your first time with our service, click Buy now to continue.
- Register for an account, choose your subscription plan, and pay with your credit card or PayPal account.
- Decide in what format you want to obtain your form and click Download. Print the blank or upload it to a professional PDF editor to submit it paper-free.
All documents are created for multi-usage, like the Oregon Articles of Dissolution (Nonprofit) you see on this page. If you need them in the future, you can fill them out without re-payment - simply open the My Forms tab in your profile and complete your document any time you need it. Try US Legal Forms and accomplish your business and personal paperwork rapidly and in total legal compliance!
Form popularity
FAQ
To dissolve your nonprofit, you will need a plan of dissolution. The plan must indicate who will receive your nonprofit's remaining assets after all creditors have been paid. If your nonprofit has voting members, the board first must approve the plan of dissolution and then submit it to the members.
Complete Schedule N (Form 990 or 990-EZ), Liquidation, Termination, Dissolution or Significant Disposition of Assets. Include a description of the assets and any transaction fees, the date of distribution, the fair market value of the assets and information about the recipients of the assets.
If the leadership of the organization decides that winding down is the best option, the organization will need a ?plan of dissolution.? A plan of dissolution is essentially a written description of how the nonprofit intends to distribute its remaining assets and address its remaining liabilities.
Steps to dissolving a nonprofit File a final form. In this type of dissolution, the IRS mandates that the board of directors of the nonprofit organization complete certain requirements to "dissolve," or shut down, the 501(c)(3).Vote for dissolution.File Form 990.File the paperwork.
Governance responsibility is vested in the board of directors or trustees. These individuals are accountable to state and federal authorities to ensure the organization operates in a legally compliant manner and for the purposes outlined at formation.
To dissolve/terminate your LLC in Oregon, you must provide the completed Articles of Amendment/Dissolution ? Limited Liability Company form to the Oregon Secretary of State Corporation Division by mail, in person or by fax with a Fax Cover Sheet. Original signature is NOT required.