Form BCA 12.20 PDF Details

Mark an X in one box only for how dissolution of the Corporation was duly authorized.

Incorporators: authorized to dissolve a corporation only before any shares have been issued and before any directors have been named or elected.

Directors: authorized to dissolve a corporation only before any shares have been issued.

Shareholders: all dissolutions not authorized by the incorporators or the directors must be authorized by the shareholders.

Unanimous consent: shareholders may authorize dissolution by their unanimous written consent, which does not require a shareholders meeting.

Tax: in the event of an increase in paid-in capital, all applicable franchise taxes, penalties and interest must be paid before this document can be accepted for filing.

QuestionAnswer
Form NameForm BCA 12.20
Form Length2 pages
Fillable?Yes
Fillable fields43
Avg. time to fill out8 min
EditionRev Dec. 2003
Issuing agencySecretary of State, Department of Business Services
Other namesBCA 12.20, BCA12.20, Form BCA 12.20, Illinois articles of dissolution, articles of dissolution form, Articles of Dissolution Business Corporation Act
Official sourceForm BCA 12.20 (Rev Dec. 2003), Illinois Secretary of State, Department of Business Services

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