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Domestic Limited Liability Limited Partnership (Lllp) Statement of Dissolution - Alabama
Domestic Limited Partnership (Lllp) Statement of Dissolution is a legal document that was released by the Alabama Secretary of State - a government authority operating within Alabama.
FAQ
Q: What is a Domestic Limited Liability Limited Partnership (LLLP) Statement of Dissolution?A: A Domestic Limited Liability Limited Partnership (LLLP) Statement of Dissolution is a legal document that formally terminates the existence of an LLLP in the state of Alabama.
Q: What is an LLLP?A: LLLP stands for Limited Liability Limited Partnership. It is a type of business entity that combines features of a partnership and a limited liability company (LLC).
Q: Why would an LLLP file a Statement of Dissolution?A: An LLLP may file a Statement of Dissolution if it wishes to cease its business operations or if it no longer wants to maintain its status as an LLLP.
Q: What information is required in a Statement of Dissolution?A: The Statement of Dissolution typically requires the LLLP's name, filing date, and a statement confirming the dissolution.
Q: What happens after a Statement of Dissolution is filed?A: Once a Statement of Dissolution is filed and approved, the LLLP's existence is legally terminated in the state of Alabama.
Q: Is it necessary to file a Statement of Dissolution?A: Yes, it is generally advisable to file a Statement of Dissolution to ensure that the LLLP is no longer liable for any future obligations or legal issues.
Q: Can an LLLP dissolve without filing a Statement of Dissolution?A: While it is possible for an LLLP to informally dissolve without filing a Statement of Dissolution, it is generally recommended to file the document to formalize the dissolution and provide legal protection.
Form Details:
- Released on January 1, 2020;
- The latest edition currently provided by the Alabama Secretary of State;
- 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 fillable version of the form by clicking the link below{class="scroll_to"} or browse more documents and templates provided by the Alabama Secretary of State.
Download Domestic Limited Liability Limited Partnership (Lllp) Statement of Dissolution - Alabama
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