Articles of Dissolution

Definition: A document filed with the state Division of Corporations to formally terminate a corporation or LLC and wind up its business affairs. Filing articles of dissolution begins the legal process of ending the entity's existence.

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Articles of Dissolution in Florida

Articles of dissolution formally terminate a Florida corporation's legal existence. Filing these articles with the Division of Corporations is the final step in the voluntary dissolution process, following the wind-up of all corporate affairs.

Pre-Filing Requirements

Before filing, the Florida corporation must complete its wind-up activities: cease business operations, liquidate assets, pay all known debts and tax obligations, distribute remaining assets to shareholders, provide notice to known creditors under Section 607.1406, and publish notice to unknown creditors. The board of directors recommends dissolution and the shareholders must approve it by the required vote.

Filing and Effect

Articles of dissolution are filed with the Division of Corporations through Sunbiz.org with a filing fee. Upon filing, the corporation ceases to exist as a legal entity, though it may continue to exist for purposes of winding up claims and distributing assets. The dissolved corporation's name becomes available for use by other entities after dissolution.

Related Terms

Barnes Walker Business Law

Barnes Walker guides Florida businesses through the dissolution process. Contact us for entity wind-down assistance.

Florida Law Reference

Fla. Stat. Ch. 61

Governs dissolution of marriage proceedings in Florida, including equitable distribution of marital assets, alimony, and parental responsibility.

Reviewed by the attorneys at Barnes Walker, Goethe, Shea & Robinson, PLLC

Disclaimer: The information and opinions provided are for general educational, informational or entertainment purposes only and should not be construed as legal advice or a substitute for consultation with a qualified attorney. Any information that you read does not create an attorney-client relationship with Barnes Walker, Goethe, Shea & Robinson, PLLC, or any of its attorneys. Because laws, regulations, and court interpretations may change over time, the definitions and explanations provided here may not reflect the most current legal standards. The application of law varies depending on your particular facts and jurisdiction. For advice regarding your specific situation, please contact one of our Florida attorneys for personalized guidance.

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