1. Acquire the required paperwork: For both enterprises and nonprofit organizations, the Indiana Secretary of State’s office offers a standard form for submitting an article of dissolution. The form can be obtained by mail by contacting the office directly or downloaded from the Secretary of State’s website.
2. Finish the form: Basic information about the entity, such as its name, address, and identification number, must be provided on the article of dissolution form. Additionally, it needs details on the grounds for dissolution, such as a board of directors’ or shareholders’ vote.
3. Submit the form and fees: After the form is finished, it needs to be delivered to the Indiana Secretary of State’s office along with the required filing fee. A nonprofit organization must pay $5 whereas a business must pay $10 to file an article of dissolution.
4. Notify creditors and other parties: The entity is required to inform its creditors and other interested parties of the approaching dissolution when the article of dissolution has been submitted to the Secretary of State’s office. This usually entails notifying all known creditors, suppliers, and clients via mail or email.
The Indiana Secretary of State’s office is where you can go if you require a copy of your articles of incorporation. The agency keeps a database of all entities registered in the state, and upon request, it can give a certified copy of the articles.
1. Go to the website of the Indiana Secretary of State: On the website, you may learn more about the office’s services, like how to get a copy of your articles of incorporation.
3. Cover the cost: A certified copy of your articles of incorporation in Indiana must be purchased. A ordinary copy costs $10, while a certified copy costs $30.
4. Send your request in: Send the completed request form and payment to the Indiana Secretary of State’s office. Within a few days, the office will process the request and deliver a copy of the articles of incorporation.
The procedure for dissolving a nonprofit organization in Indiana is the same as for dissolving a business. You must follow the same notification procedures as a business and submit an article of dissolution to the Indiana Secretary of State’s office.
1. Acquire the required paperwork: A standard form for filing an article of dissolution for nonprofit organizations is available from the Indiana Secretary of State’s office. The form can be obtained by mail by contacting the office directly or downloaded from the Secretary of State’s website.
2. Fill out the form completely. The article of dissolution form needs the nonprofit organization’s name, address, and tax identification number. Additionally, it needs proof of the cause of dissolution, like a board of directors vote.
3. Send the paperwork and payment: The completed form must be delivered to the Indiana Secretary of State’s office along with the necessary filing fee. An article of dissolution for a nonprofit organization must be filed for a charge of $5.
4. Notify creditors and other parties: The nonprofit organization is required to inform its creditors and other interested parties of the imminent dissolution when the article of dissolution has been submitted to the Secretary of State’s office. This usually entails notifying all known creditors, suppliers, and clients via mail or email.
The legal procedure for formally ending the existence of a company or nonprofit organization is called article dissolution. An article of dissolution must be filed with the relevant state agency, such as the Indiana Secretary of State’s office, as part of this procedure.
The article of dissolution is a legal document that states the grounds for dissolution and gives the entity’s name and identification number as well as other essential information. The entity is regarded as being formally dissolved and is released from all legal obligations and liabilities after the article of dissolution has been submitted and all notification procedures have been satisfied.
Since there is no separation between the company and the owner in Indiana law, closing a sole proprietorship is rather simple. A sole proprietorship can be closed by simply ceasing all business operations and informing any creditors or other interested parties.
A sole proprietorship does not require the filing of an article of dissolution with the Indiana Secretary of State’s office because it is not a distinct legal entity. However, you might need to cancel these registrations individually if you hold a trade name registration or a business license.