Dissolution and Winding Up

Cal. CORP § 17707.08

California Statutes

(a)

(1) The managers shall sign and cause to be filed in the office of, and on a form prescribed by, the Secretary of State, a certificate of dissolution upon the dissolution of the limited liability company pursuant to this

article unless the event causing the dissolution is that specified in subdivision (

c) of

Section 17707.01, in which case the persons conducting the winding up of the limited liability company’s affairs pursuant to

Section 17707.04 shall have the obligation to sign and cause to be filed the certificate of dissolution.

(2) The certificate of dissolution shall set forth all of the following: (

A) The name of the limited liability company and the Secretary of State’s file number. (

B) Any other information the persons filing the certificate of dissolution determine to include. (

C) The event listed in

Section 17707.01 causing dissolution.

(3) If a dissolution pursuant to subdivision (

b) of

Section 17707.01 is made by the vote of all of the members and a statement to that effect is added to the certificate of cancellation of articles of organization pursuant to subdivision (b), the separate filing of a certificate of dissolution pursuant to this subdivision is not required. (b)

(1) The managers shall sign and cause to be filed in the office of, and on a form prescribed by, the Secretary of State, a certificate of cancellation of articles of organization upon the completion of the winding up of the affairs of the limited liability company pursuant to

Section 17707.04 and distribution of its assets pursuant to

Section 17707.05, unless the event causing the dissolution is that specified in subdivision (

c) of

Section 17707.01, in that case the persons conducting the winding up of the limited liability company’s affairs pursuant to

Section 17707.04 shall have the obligation to sign and cause to be filed the certificate of cancellation of articles of organization.

(2) The certificate of cancellation of articles of organization shall set forth all of the following: (

A) The name of the limited liability company and the Secretary of State’s file number. (

B) That a final franchise tax return, as described by

Section of the Revenue and Taxation Code, or a final annual tax return, as described by

Section of the Revenue and Taxation Code, has been or will be filed with the Franchise Tax Board, as required under

Part 10.2 (commencing with

Section 18401) of Division of the Revenue and Taxation Code. (

C) That upon the filing of the certificate of cancellation, except as provided in

Section 17707.06, the limited liability company shall be canceled and its powers, rights, and privileges shall cease. (

D) Any other information the persons filing the certificate of cancellation of articles of organization determine to include.

(3) The Secretary of State shall notify the Franchise Tax Board of the filing. (

c) Upon filing a certificate of cancellation pursuant to subdivision (b), except as provided in

Section 17707.06, a limited liability company shall be canceled and its powers, rights, and privileges shall cease.

Document details

CollectionCalifornia Statutes
CitationCal. CORP § 17707.08
Date2023-01-01
Typestatute
Languageen
SourceCA_STAT
IdentifierCORP17707.08.2022312

Dissolution and Winding Up

Cal. CORP § 17707.08

California Statutes

Dissolution and Winding Up

Cal. CORP § 17707.08

California Statutes

(a)

(1) The managers shall sign and cause to be filed in the office of, and on a form prescribed by, the Secretary of State, a certificate of dissolution upon the dissolution of the limited liability company pursuant to this

article unless the event causing the dissolution is that specified in subdivision (

c) of

Section 17707.01, in which case the persons conducting the winding up of the limited liability company’s affairs pursuant to

Section 17707.04 shall have the obligation to sign and cause to be filed the certificate of dissolution.

(2) The certificate of dissolution shall set forth all of the following: (

A) The name of the limited liability company and the Secretary of State’s file number. (

B) Any other information the persons filing the certificate of dissolution determine to include. (

C) The event listed in

Section 17707.01 causing dissolution.

(3) If a dissolution pursuant to subdivision (

b) of

Section 17707.01 is made by the vote of all of the members and a statement to that effect is added to the certificate of cancellation of articles of organization pursuant to subdivision (b), the separate filing of a certificate of dissolution pursuant to this subdivision is not required. (b)

(1) The managers shall sign and cause to be filed in the office of, and on a form prescribed by, the Secretary of State, a certificate of cancellation of articles of organization upon the completion of the winding up of the affairs of the limited liability company pursuant to

Section 17707.04 and distribution of its assets pursuant to

Section 17707.05, unless the event causing the dissolution is that specified in subdivision (

c) of

Section 17707.01, in that case the persons conducting the winding up of the limited liability company’s affairs pursuant to

Section 17707.04 shall have the obligation to sign and cause to be filed the certificate of cancellation of articles of organization.

(2) The certificate of cancellation of articles of organization shall set forth all of the following: (

A) The name of the limited liability company and the Secretary of State’s file number. (

B) That a final franchise tax return, as described by

Section of the Revenue and Taxation Code, or a final annual tax return, as described by

Section of the Revenue and Taxation Code, has been or will be filed with the Franchise Tax Board, as required under

Part 10.2 (commencing with

Section 18401) of Division of the Revenue and Taxation Code. (

C) That upon the filing of the certificate of cancellation, except as provided in

Section 17707.06, the limited liability company shall be canceled and its powers, rights, and privileges shall cease. (

D) Any other information the persons filing the certificate of cancellation of articles of organization determine to include.

(3) The Secretary of State shall notify the Franchise Tax Board of the filing. (

c) Upon filing a certificate of cancellation pursuant to subdivision (b), except as provided in

Section 17707.06, a limited liability company shall be canceled and its powers, rights, and privileges shall cease.

Document details

CollectionCalifornia Statutes
CitationCal. CORP § 17707.08
Date2023-01-01
Typestatute
Languageen
SourceCA_STAT
IdentifierCORP17707.08.2022312
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