Edit, Download, and Sign the Articles of Dissolution for New Mexico LLCs

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To fill out this document, start by clearly typing or printing the required information. Ensure that all fields marked with an asterisk are completed as they are mandatory. Gather necessary documents before submission to streamline the process.

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How to fill out the Articles of Dissolution for New Mexico LLCs?

  1. 1

    Download the Articles of Dissolution form.

  2. 2

    Fill in all required fields with accurate information.

  3. 3

    Attach necessary documents as indicated.

  4. 4

    Sign the form in the designated areas.

  5. 5

    Submit the form to the New Mexico Secretary of State.

Who needs the Articles of Dissolution for New Mexico LLCs?

  1. 1

    Business owners dissolving their Limited Liability Companies.

  2. 2

    Accountants managing the affairs of a client’s LLC.

  3. 3

    Legal advisors assisting clients in business dissolution.

  4. 4

    Individuals trying to formalize the end of their business activities.

  5. 5

    Companies that seek to comply with New Mexico's regulatory requirements.

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What are the instructions for submitting this form?

To submit the Articles of Dissolution, mail the completed form to the New Mexico Secretary of State at Business Services Division, 325 Don Gaspar, Suite 300, Santa Fe, NM 87501. You can also contact their office at (505) 827-3600 or (800) 477-3632 for assistance. Ensure all required information and signatures are included to avoid delays.

What are the important dates for this form in 2024 and 2025?

There are no specific upcoming important dates for this form in 2024 or 2025. However, it is advised to complete your dissolution process as soon as possible to avoid any potential compliance issues.

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What is the purpose of this form?

The purpose of this form is to legally dissolve a Limited Liability Company in New Mexico. It serves as an official declaration of the company's intent to cease operations and fulfills regulatory requirements. Completing this form correctly ensures that all obligations are met and records are clear.

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Tell me about this form and its components and fields line-by-line.

This form consists of several critical fields that must be filled out accurately.
fields
  • 1. Company Name: The official name of the LLC that is being dissolved.
  • 2. Business ID Number: The unique identification number assigned to the LLC by the state.
  • 3. Consent of Members: A statement reflecting that the majority of members consent to the dissolution.
  • 4. Contact Information: Details of the authorized person handling the dissolution.
  • 5. Signature: The signature of the authorized person who submits the form.

What happens if I fail to submit this form?

Failure to submit the Articles of Dissolution may result in continued legal obligations for the LLC. This can lead to unnecessary fees and potential legal complications. It is crucial to ensure that this form is submitted correctly and on time.

  • Ongoing Liability: The company may remain liable for taxes and other fees.
  • Legal Complications: There may be legal consequences for failing to properly dissolve the business.
  • Financial Obligations: Continued financial obligations may arise if not dissolved correctly.

How do I know when to use this form?

This form should be used when a Limited Liability Company in New Mexico decides to cease operations. It is necessary to submit this document to officially dissolve the business and protect members from future liabilities. Using this form ensures compliance with state regulations.
fields
  • 1. Formal Business Closure: To formally end the operations of an LLC.
  • 2. Avoid Continued Liabilities: To prevent ongoing obligations associated with an active LLC.
  • 3. Regulatory Compliance: Ensuring all state requirements are followed for dissolution.

Frequently Asked Questions

Who needs to fill out the Articles of Dissolution?

Any business owner in New Mexico who wishes to dissolve their LLC must complete this form.

What is the filing fee for the Articles of Dissolution?

The filing fee for this form is $25.00.

How can I submit the Articles of Dissolution?

You can submit the form by mail to the New Mexico Secretary of State.

Is it possible to edit the PDF before submission?

Yes, you can easily edit the PDF using our PrintFriendly editor.

Do I need to sign the Articles of Dissolution?

Yes, the form must be signed by an authorized person.

What happens if I don't submit this form?

Failure to submit may lead to continued business obligations.

Can I download the edited PDF?

Yes, you can download your edited PDF after making changes.

How soon will I receive confirmation of dissolution?

Confirmation is usually sent after processing the submitted form.

What information do I need to provide?

You will need to provide the current name and business ID of your LLC.

Can I pick up my documents instead of receiving them by mail?

Yes, you can choose to pick up your documents at the Secretary of State's office.

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