Oakland Michigan Sample Letter regarding Notification of Official Notice of Intent to Administratively Dissolve or Revoke Corporation

• Category: Letters - Legal - Corporations
• State: Multi-State
• County: Oakland
• Control #: US-0128LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Corporation Name] [Corporation Address] [City, State, ZIP] Subject: Notification of Official Notice of Intent to Administratively Dissolve/Revoke Corporation Dear [Corporation Name], We hope this letter finds you well. We are writing to inform you that the State of Michigan, specifically the Oakland County Bureau of Business Registration, has issued an Official Notice of Intent to Administratively Dissolve/Revoke your corporation's status. The primary purpose of this letter is to inform you that your corporation, [Corporation Name], is at risk of administrative dissolution/revocation due to non-compliance with the regulations and requirements set forth by the state and county authorities. This letter serves as a formal notice and an opportunity for you to rectify the situation before any further action is taken. Upon careful review of our records, it has come to our attention that your corporation has failed to meet the following obligations: 1. Failure to file necessary annual reports: As per the regulations outlined by the State of Michigan and the Oakland County Bureau of Business Registration, all registered corporations are required to submit annual reports by a specified deadline. Your corporation has failed to comply with this obligation for the past [number of years]. 2. Failure to maintain a registered agent: It has been noted that your corporation no longer maintains a registered agent in the State of Michigan, as required by law. This is a critical requirement for maintaining your corporation's status and ensuring smooth communication between your business and state authorities. 3. Failure to pay required fees: The associated fees for annual reports, registered agent services, and any outstanding payments must be promptly remitted to the appropriate authorities. The non-payment of these fees indicates a lack of commitment towards maintaining good standing with the state and county. The consequences of administrative dissolution/revocation may include, but are not limited to: 1. Loss of liability protection: If your corporation is dissolved/revoked, it may result in personal liability for the shareholders, directors, or officers for any legal claims or debts incurred by the corporation. 2. Loss of business name: Once your corporation is dissolved/revoked, the registered name may become available for use by another entity, potentially causing substantial confusion and reputational harm. 3. Difficulty with transactions and contracts: Dissolution/revocation status may impede your ability to enter into contracts, obtain loans, or engage in other legal transactions on behalf of the corporation. We urge you to take immediate action to rectify the situation. Failure to do so within [30/60/90 days] from the date of this notice may result in the administrative dissolution/revocation of your corporation. To address this matter and prevent the potential dissolution/revocation, we recommend the following actions: 1. File all outstanding annual reports: Submit all required annual reports for the previous years and for the current year by the deadlines specified by the Oakland County Bureau of Business Registration. 2. Appoint a registered agent: Select and appoint a registered agent who is physically located in the State of Michigan. The registered agent will be responsible for receiving legal documents and correspondence on behalf of your corporation. 3. Pay all outstanding fees: Ensure that all associated fees, including those for annual reports and registered agent services, are paid in full. 4. Review and update corporate information: Verify and update the information on file with the Oakland County Bureau of Business Registration, ensuring its accuracy and completeness. Failure to resolve these outstanding matters may result in further legal actions, penalties, and the potential dissolution/revocation of your corporation. Should you have any questions or require further clarification regarding this notice, please do not hesitate to contact the Oakland County Bureau of Business Registration at [phone number] or [email address]. We strongly advise you to consult with legal counsel to comprehensively address the issues identified in this notice and ensure ongoing compliance with all relevant state and county regulations. Thank you for your immediate attention to this matter and for taking the necessary steps to rectify the non-compliance issues promptly. Sincerely, [Your Name] [Your Title] [Your Corporation] [Contact Information]

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Corporation Name] [Corporation Address] [City, State, ZIP] Subject: Notification of Official Notice of Intent to Administratively Dissolve/Revoke Corporation Dear [Corporation Name], We hope this letter finds you well. We are writing to inform you that the State of Michigan, specifically the Oakland County Bureau of Business Registration, has issued an Official Notice of Intent to Administratively Dissolve/Revoke your corporation's status. The primary purpose of this letter is to inform you that your corporation, [Corporation Name], is at risk of administrative dissolution/revocation due to non-compliance with the regulations and requirements set forth by the state and county authorities. This letter serves as a formal notice and an opportunity for you to rectify the situation before any further action is taken. Upon careful review of our records, it has come to our attention that your corporation has failed to meet the following obligations: 1. Failure to file necessary annual reports: As per the regulations outlined by the State of Michigan and the Oakland County Bureau of Business Registration, all registered corporations are required to submit annual reports by a specified deadline. Your corporation has failed to comply with this obligation for the past [number of years]. 2. Failure to maintain a registered agent: It has been noted that your corporation no longer maintains a registered agent in the State of Michigan, as required by law. This is a critical requirement for maintaining your corporation's status and ensuring smooth communication between your business and state authorities. 3. Failure to pay required fees: The associated fees for annual reports, registered agent services, and any outstanding payments must be promptly remitted to the appropriate authorities. The non-payment of these fees indicates a lack of commitment towards maintaining good standing with the state and county. The consequences of administrative dissolution/revocation may include, but are not limited to: 1. Loss of liability protection: If your corporation is dissolved/revoked, it may result in personal liability for the shareholders, directors, or officers for any legal claims or debts incurred by the corporation. 2. Loss of business name: Once your corporation is dissolved/revoked, the registered name may become available for use by another entity, potentially causing substantial confusion and reputational harm. 3. Difficulty with transactions and contracts: Dissolution/revocation status may impede your ability to enter into contracts, obtain loans, or engage in other legal transactions on behalf of the corporation. We urge you to take immediate action to rectify the situation. Failure to do so within [30/60/90 days] from the date of this notice may result in the administrative dissolution/revocation of your corporation. To address this matter and prevent the potential dissolution/revocation, we recommend the following actions: 1. File all outstanding annual reports: Submit all required annual reports for the previous years and for the current year by the deadlines specified by the Oakland County Bureau of Business Registration. 2. Appoint a registered agent: Select and appoint a registered agent who is physically located in the State of Michigan. The registered agent will be responsible for receiving legal documents and correspondence on behalf of your corporation. 3. Pay all outstanding fees: Ensure that all associated fees, including those for annual reports and registered agent services, are paid in full. 4. Review and update corporate information: Verify and update the information on file with the Oakland County Bureau of Business Registration, ensuring its accuracy and completeness. Failure to resolve these outstanding matters may result in further legal actions, penalties, and the potential dissolution/revocation of your corporation. Should you have any questions or require further clarification regarding this notice, please do not hesitate to contact the Oakland County Bureau of Business Registration at [phone number] or [email address]. We strongly advise you to consult with legal counsel to comprehensively address the issues identified in this notice and ensure ongoing compliance with all relevant state and county regulations. Thank you for your immediate attention to this matter and for taking the necessary steps to rectify the non-compliance issues promptly. Sincerely, [Your Name] [Your Title] [Your Corporation] [Contact Information]