Articles of Dissolution

Articles of Dissolution

A document filed with the appropriate jurisdiction to end the existence of a corporation or other legal entity. Articles of dissolution dispose of the corporation's assets in accordance with local law. For example, they may order payment of all debts and surrender of other assets to shareholders or other interested parties.
References in periodicals archive ?
Dissolution still includes filing articles of dissolution and provides the LLC's right to revoke the articles of dissolution within 120 days.
When an LLC is dissolved, it generally must file articles of dissolution with the secretary of state of the state of organization.
With the board's approval, the seven-year-old organization founded the day after the Thurston High School shootings will file its articles of dissolution sometime in the next couple of weeks.
It is dissolved when it has been granted Articles of Dissolution (or some other document having the same effect) by the governmental ministry having the authority to do so.