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Official certificate confirming the dissolution of a not-for-profit corporation in Canada under the Canada Not-for-profit Corporations Act as of March 18, 2024.
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What is certificate of dissolution?
A certificate of dissolution is a legal document that officially terminates the existence of a corporation or limited liability company (LLC) in a state. It signals that the business has ceased operations and can no longer conduct business under that state’s laws.
Who is required to file certificate of dissolution?
The members or managers of a corporation or LLC are typically required to file the certificate of dissolution. This is usually done when the business has decided to dissolve or disband its operations.
How to fill out certificate of dissolution?
To fill out a certificate of dissolution, one must provide the name of the business, the date of dissolution, the reason for dissolution, and any other required information as dictated by the relevant state agency. The form usually requires signatures from authorized individuals within the business.
What is the purpose of certificate of dissolution?
The purpose of a certificate of dissolution is to formally document the end of a business entity’s existence and to protect the owners from future liabilities associated with the business.
What information must be reported on certificate of dissolution?
Typically, the information that must be reported on a certificate of dissolution includes the business name, registration number, date of dissolution, reason for dissolution, and signatures of the authorized persons.
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