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How to dissolve a business entity in Kentucky?

How to dissolve a business entity in Kentucky?

In Kentucky, business entities are required by law to formally dissolve. In order to properly close, a domestic entity must file articles of dissolution, and a foreign entity must file a certificate of withdrawal. These forms are available for download on this website.

Do you have to file Articles of dissolution in Kentucky?

In Kentucky, business entities are required by law to formally dissolve. In order to properly close, a domestic entity must file articles of dissolution, and a foreign entity must file a certificate of withdrawal.

Where can I get a form to dissolving a business?

These forms are available for download on this website. If you are dissolving a business entity, the Secretary of State’s office recommends that you contact the following state and federal agencies to ensure that you have no other legal or financial obligations:

Can a business partner refuse to dissolve a corporation?

Dissolving your corporation is a necessary step in the process of winding up your business and ceasing operations. If your business partner disagrees with your decision to dissolve the corporation, the state law where the corporation was formed will govern the options available to you.

In Kentucky, business entities are required by law to formally dissolve. In order to properly close, a domestic entity must file articles of dissolution, and a foreign entity must file a certificate of withdrawal. These forms are available for download on this website.

Can a majority of shareholders dissolve a corporation?

If you own 50 percent or more of the shares of your corporation, you should review the laws of you state for the appropriate steps to take to authorize a dissolution based on a majority shareholder vote.

How to dissolve a business with the Secretary of State?

The Office of the Secretary of State provides forms for dissolving a business entity and for amending a business entity. You may draft your own amendment or dissolution documents as long as they meet the requirements outlined in the Kentucky Revised Statutes.