What is the difference between a stock corporation and a non-stock corporation?

A stock corporation has authorized capital stock divided into shares of stock either with or without par value. It's engaged in income-generating activities and authorized to declare dividends. A non-stock corporation has no authorized capital stock.

US Legal Forms
Virginia Articles Of Termination Of Corporate Existence Stock...

Virginia Articles Of Termination Of Corporate Existence Stock Corporation

Name: Virginia Articles Of Termination Of Corporate Existence Stock Corporation
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.88 (497 reviews)

Category:

Virginia Secretary of State - Corporation

State:

Virginia

Control #:

VA-SCC-750

Format:

Instant download

This website is not affiliated with any governmental entity

Public form

Description

Articles Of Termination Of Corporate Existence Stock Corporation Virginia Articles of Termination of Corporate Existence Stock Corporation are documents that dissolve or terminate a corporation registered with the state of Virginia. This document must be completed, signed, and filed with the State Corporation Commission in order to officially end the existence of the corporation. Depending on the type of corporation, the required documents may include a Certificate of Dissolution or a Certificate of Revocation of a Corporate Charter. Additionally, the dissolution of the corporation must be approved by a majority of the shareholders. The two types of Virginia Articles of Termination of Corporate Existence Stock Corporation are: 1) Certificate of Dissolution and 2) Certificate of Revocation of a Corporate Charter. The Certificate of Dissolution is used to end the existence of a corporation that has no outstanding liabilities, while the Certificate of Revocation of a Corporate Charter is used when a corporation needs to be dissolved due to violations of Virginia law. Both documents must be filed with the State Corporation Commission for official termination of the corporation.

Virginia Articles of Termination of Corporate Existence Stock Corporation are documents that dissolve or terminate a corporation registered with the state of Virginia. This document must be completed, signed, and filed with the State Corporation Commission in order to officially end the existence of the corporation. Depending on the type of corporation, the required documents may include a Certificate of Dissolution or a Certificate of Revocation of a Corporate Charter. Additionally, the dissolution of the corporation must be approved by a majority of the shareholders. The two types of Virginia Articles of Termination of Corporate Existence Stock Corporation are: 1) Certificate of Dissolution and 2) Certificate of Revocation of a Corporate Charter. The Certificate of Dissolution is used to end the existence of a corporation that has no outstanding liabilities, while the Certificate of Revocation of a Corporate Charter is used when a corporation needs to be dissolved due to violations of Virginia law. Both documents must be filed with the State Corporation Commission for official termination of the corporation.

View Consulting Agreement after Retirement of Chairman of the Board of Directors and Chief Executive Officer

View this form

View Agreement with Retired Chief Executive Officer to Provide Transitional Services as a Consultant

View this form

View Consultant Agreement for Services Relating to Finances and Financial Reporting of Company with Confidentiality Provisions

View this form

View Uniform Marketing and Delivery Agreement of Cooperative

View this form

View Feasibility Study Outline

View this form

How to fill out Virginia Articles Of Termination Of Corporate Existence Stock Corporation?

How much time and resources do you typically spend on drafting official paperwork? There’s a better way to get such forms than hiring legal experts or wasting hours browsing the web for an appropriate blank. US Legal Forms is the top online library that offers professionally drafted and verified state-specific legal documents for any purpose, such as the Virginia Articles Of Termination Of Corporate Existence Stock Corporation.

To acquire and complete an appropriate Virginia Articles Of Termination Of Corporate Existence Stock Corporation blank, adhere to these simple steps:

Look through the form content to ensure it complies with your state laws. To do so, check the form description or use the Preview option.
In case your legal template doesn’t satisfy your needs, find a different one using the search tab at the top of the page.
If you already have an account with us, log in and download the Virginia Articles Of Termination Of Corporate Existence Stock Corporation. Otherwise, proceed to the next steps.
Click Buy now once you find the right blank. Opt for the subscription plan that suits you best to access our library’s full opportunities.
Create an account and pay for your subscription. You can make a payment with your credit card or through PayPal - our service is totally safe for that.
Download your Virginia Articles Of Termination Of Corporate Existence Stock Corporation on your device and complete it on a printed-out hard copy or electronically.

Another advantage of our library is that you can access previously downloaded documents that you safely keep in your profile in the My Forms tab. Pick them up at any moment and re-complete your paperwork as frequently as you need.

Save time and effort completing formal paperwork with US Legal Forms, one of the most trustworthy web solutions. Join us now!

Form Rating

4.88

Satisfied(497)

Form popularity

FAQ

A stock corporation has authorized capital stock divided into shares of stock either with or without par value. It's engaged in income-generating activities and authorized to declare dividends. A non-stock corporation has no authorized capital stock.

To incorporate your company, you must file the Articles of Incorporation with the Virginia State Corporate Commission (SCC). You can file online, or download the PDF from the Virginia SCC website and submit via mail or in person.

There are two types of corporations in Virginia, stock corporations, which are authorized to issue shares to persons who become shareholders, the owners of the corporation, and nonstock corporations, which may have members, but not owners. Stock corporations are usually formed to generate a profit for the shareholders.

Stock corporations are those which have capital stock divided into shares and are authorized to distribute to the holders of such shares, dividends, or allotments of the surplus profits on the basis of the shares held. All other corporations are nonstock corporations.

Whereas non-stock corporations aren't organized for profit and aren't authorized to issue company stock, stock corporations are typically organized for profit and can raise capital for the corporation's operations or expansion by issuing company stock to people willing to invest in the company.

Visit to file articles of dissolution and/or termination of a Virginia Stock Corporation in real time. Questions? P.O. Box 1197 Richmond, VA 23219 Richmond, VA 23218-1197 Pay online with a credit card or eCheck. No additional processing fees apply for filing online.

With the articles of termination of corporate existence, the corporation shall file a statement certifying that the corporation has filed returns and has paid all state taxes to the time of the statement.

More info

Complete and file form SCC750 or prepare articles that meet the requirements of § 13.1-. 750 of the Code of Virginia.Minimize the risk of using outdated forms and eliminate rejected fillings. No debt of the corporation remains unpaid. Article IV. □ If shares were issued, the net assets of the corporation remaining after winding up have been. Articles of Termination of Corporate Existence (PDF, 47. Articles of Termination of Corporate Existence (PDF, 47. DivisionForm NameExpedited ServicesExpedited Service Request FormFictitious Names Corporations have a completely independent life separate from its shareholders. 31A-5-504 Voluntary dissolution of domestic insurance corporations. (1).

Virginia Articles Of Termination Of Corporate Existence Stock Corporation

Description

Related forms

How to fill out Virginia Articles Of Termination Of Corporate Existence Stock Corporation?

Show more info

Form Rating

Form popularity

FAQ

What is the difference between a stock corporation and a non-stock corporation?

Where can I find articles of incorporation in Virginia?

What is a stock corporation in Virginia?

What is the purpose of stock corporation?

Is a stock corporation the same as a corporation?

How do I dissolve a stock corporation in Virginia?

What is the Virginia Code 13.1 750?

More info

Trusted and secure by over 3 million people of the world’s leading companies