Utah Articles of Dissolution (After Issuance of Shares) are a type of legal document filed with the Utah Department of Commerce to dissolve a corporation after the issuance of shares. This document allows a corporation to legally terminate its operations, cease business activities, and wind up its affairs. The Articles of Dissolution must be signed, dated, and filed by an officer of the corporation. There are two types of Utah Articles of Dissolution (After Issuance of Shares): 1. Voluntary Dissolution: A voluntary dissolution is initiated by the shareholders of a corporation who vote in favor of its dissolution. This type of dissolution requires the filing of the Articles of Dissolution, along with other documents, including a certificate of dissolution and a dissolution resolution. 2. Forced Dissolution: A forced dissolution is initiated by a court order. This type of dissolution requires the filing of the Articles of Dissolution, along with other documents, including a certificate of dissolution and a court order of dissolution. In both cases, once the Articles of Dissolution are filed, the corporation is legally dissolved and all remaining assets must be distributed to the shareholders in accordance with the law.
Utah Articles of Dissolution (After Issuance of Shares) are a type of legal document filed with the Utah Department of Commerce to dissolve a corporation after the issuance of shares. This document allows a corporation to legally terminate its operations, cease business activities, and wind up its affairs. The Articles of Dissolution must be signed, dated, and filed by an officer of the corporation. There are two types of Utah Articles of Dissolution (After Issuance of Shares): 1. Voluntary Dissolution: A voluntary dissolution is initiated by the shareholders of a corporation who vote in favor of its dissolution. This type of dissolution requires the filing of the Articles of Dissolution, along with other documents, including a certificate of dissolution and a dissolution resolution. 2. Forced Dissolution: A forced dissolution is initiated by a court order. This type of dissolution requires the filing of the Articles of Dissolution, along with other documents, including a certificate of dissolution and a court order of dissolution. In both cases, once the Articles of Dissolution are filed, the corporation is legally dissolved and all remaining assets must be distributed to the shareholders in accordance with the law.
