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Affidavit of Dormancy - Nebraska
Affidavit of Dormancy is a legal document that was released by the Nebraska Department of Motor Vehicles - a government authority operating within Nebraska.
FAQ
Q: What is an Affidavit of Dormancy?A: An Affidavit of Dormancy is a legal document that certifies that a company or business has not had any activity or transactions for a specific period of time.
Q: Why would a company file an Affidavit of Dormancy?A: A company may file an Affidavit of Dormancy if they have not had any activity or transactions for a certain period of time and want to declare their status as dormant or inactive.
Q: How long does a company need to be inactive to file an Affidavit of Dormancy in Nebraska?A: In Nebraska, a company must be inactive for at least three years before they can file an Affidavit of Dormancy.
Q: What information is typically included in an Affidavit of Dormancy?A: An Affidavit of Dormancy typically includes the name and address of the company, the date of incorporation, a statement declaring the period of inactivity, and the reason for filing the affidavit.
Q: What are the benefits of filing an Affidavit of Dormancy?A: Filing an Affidavit of Dormancy can provide legal protection for the company's assets, reduce reporting and tax obligations, and indicate to creditors and other stakeholders that the company is inactive.
Q: Can a company still be held liable for past debts or obligations after filing an Affidavit of Dormancy?A: Yes, filing an Affidavit of Dormancy does not absolve a company from any past debts or obligations. It is important to consult with legal counsel to understand the implications of filing the affidavit.
Form Details:
- Released on January 1, 2007;
- The latest edition currently provided by the Nebraska Department of Motor Vehicles;
- Ready to use and print;
- Easy to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the Nebraska Department of Motor Vehicles.
