cal legal forms chapter 27. dissolution--limited liability companies (llcs)

Send to: ACCESS, PATRON ORANGE COUNTY LAW LIBRARY 515 N FLOWER ST SANTA ANA, CA 92703-2304

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California Legal Forms--Transaction Guide Copyright 2014, Matthew Bender & Company, Inc., a member of the LexisNexis Group.

PART III: Transactions in Turbulent Times - Reorganization and Dissolution. CHAPTER 27: Dissolution--Limited Liability Companies (LLCs).

37TTT-27 California Legal Forms--Transaction Guide 27.syn

27.syn Synopsis to Chapter 27: Dissolution--Limited Liability Companies (LLCs).

Form T27-1 Notice of Winding Up Form T27-1 Notice of Winding UpForm T27-2 Consent to Winding Up Form T27-2 Consent to Winding UpForm T27-3 Revocation of Winding Up Form T27-3 Revocation of Winding UpForm T27-4 Articles of Dissolution--No Capital Paid In Form T27-4 Articles of Dissolution--No Capital Paid In

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37TTT-27 California Legal Forms--Transaction Guide Form T27-1

Form T27-1 Notice of Winding Up

Description: This form is a notice of the winding up of a limited liability company. Form T27-1 Notice of Winding UpNOTICE OF WINDING UP OF ___________________ [name of company], A ___________________ [STATE] LIMITED LIABILITY COMPANY ALL CLAIMANTS AGAINST ___________________ [name of company] ARE NOTIFIED THAT: ___________________ [Name of company], a ___________________ [state] [professional] limited liability company, whose principal office is located at ___________________ [street address, city, state], intends to wind up its business. [Please present any claims you may have against the company promptly.] Dated: ____________________

_________________ [name of company] By: _________________ [signature] _________________ [typed name] _________________ [title]

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Form T27-2 Consent to Winding Up

Description: This form is a consent that may be used when the limited liability company is voluntarily wound up by written consent. Form T27-2 Consent to Winding UpCONSENT TO WIND UP ___________________ [NAME OF COMPANY], A ___________________ [list state] [PROFESSIONAL] LIMITED LIABILITY COMPANY The undersigned ___________________ [e.g., governing members or managers] of ___________________ [name of limited liability company] ___________________ consent to the winding up of the company. Dated: ____________________

_________________ [signature] _________________ [typed name and title] _________________ [signature] _________________ [typed name and title]

[Continue with signatures as needed]

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Form T27-3 Revocation of Winding Up

Description: This form is a revocation of a voluntary decision to wind up a limited liability company. Form T27-3 Revocation of Winding UpCONSENT TO REVOCATION OF WINDING UP OF ___________________ [NAME OF COMPANY], A ___________________ [STATE] LIMITED LIABILITY COMPANY We, who sign this document, are [governing members or managers] of ___________________ [name of company], a ___________________ [state] [professional] limited liability company. The company has pursued voluntary winding up. By our signatures below, each of us consents to revoke those proceedings and the winding up of the company. By signature, each [governing member or manager] certifies that the information provided in this consent is correct.

_________________ [signature] _________________ [typed name and title] _________________ [date] _________________ [signature] _________________ [typed name and title] _________________ [date]

[Continue with signatures as needed]

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Form T27-4 Articles of Dissolution--No Capital Paid In

Description: This form contains articles of dissolution, stating that the company has not yet acquired any debts, obligations, or liabilities. Form T27-4 Articles of Dissolution--No Capital Paid InARTICLES OF DISSOLUTION In accordance with the provisions of Article ___________________ of the ___________________ [state] Limited Liability Act, the undersigned [professional] limited liability company adopts the following articles of dissolution: 1. The company name is ___________________ and its file number is _____. 2. The names and respective addresses of ___________________'s [name of limited liability company] managers are as follows:NAMEADDRESS ................ ................ ................ ................ ................ ................

[OR] 2. The company has no managers. 3. ___________________ [Name of company] has not yet acquired any debts, obligations, or liabilities. 4. ___________________ [Name of company] has not yet acquired any property or assets, and distributions to members were therefore not required. 5. The company was dissolved by an act of its ___________________ [organizer or managers]. A copy of the resolution of dissolution, adopted on ___________________ [date] is attached as Exhibit A to these articles. EXECUTED on ___________________ [date]

_________________ [name of company] By: _________________ [signature] _________________ [Manager or Organizer]

cal legal forms chapter 27. dissolution--limited liability companies (llcs)

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