Utah Statement of Termination

State:
Utah
Control #:
UT-SKU-0141
Format:
PDF
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Description

Statement of Termination

A Utah Statement of Termination is a legal document that is used to terminate an existing contract or agreement in the state of Utah. It is also known as a Utah Termination Agreement or a Utah Contract Termination Agreement. The Utah Statement of Termination is a binding document that must be signed and dated by both parties in order to be valid. It must include the names of the parties involved, a description of the contract or agreement to be terminated, the date of termination, and the signatures of both parties. There are two types of Utah Statement of Termination: one for mutual termination and one for unilateral termination. In the case of mutual termination, both parties agree to the termination of the agreement and both sign the document. In the case of unilateral termination, one party terminates the agreement and the other party does not sign the document.

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FAQ

Submit a UT Registration Information Change form When you remove a member from a Utah LLC, you must submit an LLC Registration Information Change form ($13) with the Utah Division of Corporations. You can file this form online, by mail, or by fax. By Fax: (801) 530-6438.

Utah DBAs expire every three years and require renewal. You can renew your Utah DBA online. The processing fee to renew your assumed name is $27.

File articles of dissolution with the Secretary of State. You can submit this document by mail to Utah Division of Corporations and Commercial Code. There is no filing fee required for filing articles of dissolution. The state agency usually takes five to seven business days to process the articles of dissolution.

You can cancel/dissolve a DBA by completing the Letter of Cancellation . How do I obtain copies/certificates of a DBA? You can obtain copies/certificates of a DBA by doing a Business Registration Search , then finding the entity you are looking for, then you click on the details of that entity.

In Utah you're required to submit a statement of dissolution form to the Division of Corporations and Commercial Code, which can be found online. There is a mandatory fee for regular processing, and additional fees for optional expedited processing. Regular processing takes about five to seven business days.

To cancel a Business Name Registration (DBA) a letter of cancellation must be presented to the division. The cancellation letter should include the following information: 1) Statement requesting the Division to cancel the Business Name Registration (DBA). 2) Address of the business.

This is often called filing for a DBA, or doing business as. For example, if ?ABC Company LLC? wants to do business as ?ABC Furniture Rental? then the owners have to file a DBA. Utah requires a business to file for a DBA designation if it seeks to do business under a name other than its formal "legal" name.

You can register as many DBAs as you want. But remember that each requires a separate registration and filing fee, a separate brand identity (name, logo design, etc.), and periodic renewal registrations.

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Utah Statement of Termination