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State-By-State LLC Dissolution Costs. Alabama $100. Alaska $25. Arizona $35. Arkansas $50. California $0. Colorado $0* if mailed. Connecticut $0. Delaware $200. Florida $25. Georgia $0. Hawaii $25 ...
The state of Ohio successfully sued Standard, compelling the dissolution of the trust in 1892. But Standard simply separated Standard Oil of Ohio and kept control of it. Eventually, the state of New Jersey changed its incorporation laws to allow a company to hold shares in other companies in any state. [43]
The Ohio Department of Commerce is the administrative department of the Ohio state government [1] responsible for regulating banks and savings institutions, credit unions, mortgage brokers/lenders and consumer finance businesses; securities professionals and products; real estate professionals and cable television; and the building industry; and also collects and holds unclaimed funds. [2]
While the above cases exemplify the circumstances where judicial dissolution has been found to be appropriate, dissolution remains “a drastic remedy.” 1545 Ocean Ave., 72 A.D.3d at 131.
Judicial dissolution, informally called the corporate death penalty, is a legal procedure in which a corporation is forced to dissolve or cease to exist. Dissolution is the revocation of a corporation's charter for significant harm to society. [ 2 ]
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