Once you have successfully formed your limited liability company, it is important that you are aware of the steps you need to take to keep your company in good standing with the Secretary of State and avoid personal liability if legal action is taken against your company. There are several things to be aware of: Operating Agreements and Membership Certificates …
What Steps Do I Need to Take to Dissolve My LLC?
The dissolution process is often set forth in the operating agreement for the company. In general, however, the dissolution process begins with winding up business affairs and operations, followed by officially filing a Certificate of Dissolution with the Secretary of State. Winding Up Winding up occurs when a business dissolves, whether voluntarily or by court order. During the wind-up process, …