Wyoming Dissolution of Articles

State:
Wyoming
Control #:
WY-LLC-003
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PDF
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Description

Dissolution of Articles
Wyoming Dissolution of Articles is a legal document that is used to officially dissolve a business entity in the state of Wyoming. It is also known as a Certificate of Dissolution and must be filed with the Wyoming Secretary of State. It is used to formally dissolve corporations, limited liability companies, limited partnerships, and other business entities formed in the state. This document must contain the name of the entity being dissolved, the date of formation, the legal entity type (such as corporation or LLC), and the name and signature of the authorized signatory. The signatory must be an officer, director, manager, or member of the business entity. A Certificate of Dissolution must be accompanied by a Certificate of Good Standing. This document is used to confirm that the company is in compliance with all applicable Wyoming laws and regulations. The three types of Wyoming Dissolution of Articles are: 1. Voluntary Dissolution: A voluntary dissolution is used when the company is voluntarily choosing to dissolve itself. This type of dissolution is usually initiated by a majority vote of the company’s members or shareholders. 2. Administrative Dissolution: An administrative dissolution is when the Wyoming Secretary of State dissolves the business entity due to non-compliance with state laws and regulations. 3. Judicial Dissolution: A judicial dissolution is when a court orders the dissolution of the business entity due to a legal dispute.

Wyoming Dissolution of Articles is a legal document that is used to officially dissolve a business entity in the state of Wyoming. It is also known as a Certificate of Dissolution and must be filed with the Wyoming Secretary of State. It is used to formally dissolve corporations, limited liability companies, limited partnerships, and other business entities formed in the state. This document must contain the name of the entity being dissolved, the date of formation, the legal entity type (such as corporation or LLC), and the name and signature of the authorized signatory. The signatory must be an officer, director, manager, or member of the business entity. A Certificate of Dissolution must be accompanied by a Certificate of Good Standing. This document is used to confirm that the company is in compliance with all applicable Wyoming laws and regulations. The three types of Wyoming Dissolution of Articles are: 1. Voluntary Dissolution: A voluntary dissolution is used when the company is voluntarily choosing to dissolve itself. This type of dissolution is usually initiated by a majority vote of the company’s members or shareholders. 2. Administrative Dissolution: An administrative dissolution is when the Wyoming Secretary of State dissolves the business entity due to non-compliance with state laws and regulations. 3. Judicial Dissolution: A judicial dissolution is when a court orders the dissolution of the business entity due to a legal dispute.

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FAQ

There are two ways to dissolve a Wyoming partnership: Don't file your annual report and let the partnership be administratively dissolved by the Wyoming Secretary of State. File the dissolution certificate with the Wyoming Secretary of State.

Articles of Dissolution must be mailed into the Wyoming Secretary of State. They cannot be filed online. It's a simple pre-made form from their website, or you may use our drafting service. Articles of Dissolution must be mailed into the Wyoming Secretary of State.

Filing Fee: $60.00 Make check or money order payable to Wyoming Secretary of State. The business entity is active and in good standing with this office. Processing time is up to 15 business days following the date of receipt in our office.

5 steps to dissolve a partnership Review your partnership agreement.Prepare and approach your partner to discuss the current business situation.Prepare dissolution papers.Close all joint accounts and resolve finances.Communicate the change to clients, customers, and suppliers.

To dissolve your Wyoming Corporation, you submit in duplicate the completed Profit Corporation Articles of Dissolution by Incorporators or Initial Directors or Profit Corporation Articles of Dissolution by Shareholders form to the Secretary of State by mail or in person, along with the filing fee.

If the partners are able to proceed amicably then dissolving a partnership can be very straightforward. However, complications can occur when they are in dispute. In this guide, we'll explain the different ways to dissolve a partnership and take you through the process step by step so you know exactly what to expect.

Dissolving a partnership without an agreement They do not need to supply a reason for leaving and this can happen with immediate effect. The Partnership Act also means that a partnership can be automatically dissolved in the event of numerous other occurrences, such as: One of the partners going bankrupt.

In the dissolution process, any partner may dissolve the partnership at any time by providing a notice of dissolution. The partnership is then required to wind up its business activities and distribute its assets.

More info

Articles of dissolution can be filed when you want to end your limited liability company (LLC) or corporation. Select "Articles of Dissolution" and click Continue.Learn about closing a business and dissolving a corporation or LLC with an Articles of Dissolution. Call CorpNet at 1-888-449-2638. 6772, and we will walk you through every step of the process. Complete and file the Articles of Dissolution with the Department of State. Certificate of Account Status: Please note that additional documentation is required in order to complete this filing. Number of votes cast for and against dissolution were:. Following articles of dissolution for the purpose of dissolving the corporation. Articles of Dissolution will voluntarily dissolve the Florida limited liability company.

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Wyoming Dissolution of Articles