Download Ss 4246 Tennessee Template in PDF Open Editor Here

Download Ss 4246 Tennessee Template in PDF

The SS-4246 Tennessee form serves as a formal notice of dissolution for limited liability companies in Tennessee. This document is crucial for LLCs wishing to officially terminate their business status, ensuring compliance with state regulations. Understanding its requirements and implications can streamline the dissolution process and protect the interests of all members involved.

Open Editor Here

The SS-4246 Tennessee form serves as a crucial document for Limited Liability Companies (LLCs) wishing to officially dissolve their business. This form is filed with the Secretary of State and is governed by specific provisions under the Tennessee Limited Liability Company Act. It requires the LLC to provide essential information, including its name and the reason for dissolution. Various options are available to indicate the basis for dissolution, such as member approval, expiration of the LLC's duration, termination of a member's interest, or other specified events outlined in the operating agreement. Additionally, the form allows for a delayed effective date if the dissolution is not intended to take effect immediately upon filing. A signature is required from an authorized individual, affirming the information provided is accurate. Filing this form incurs a fee of $20, making it an accessible step for LLCs to legally conclude their operations in Tennessee. Understanding the SS-4246 form is vital for ensuring compliance with state regulations and facilitating a smooth dissolution process.

FAQ

  1. What is the purpose of the SS-4246 Tennessee form?

    The SS-4246 form is used to officially notify the state of Tennessee about the dissolution of a Limited Liability Company (LLC). This form is required under Tennessee law, specifically under the Tennessee Limited Liability Company Act. Filing this form ensures that the state is aware of the company's decision to dissolve and helps prevent any future legal or financial obligations.

  2. Who needs to file the SS-4246 form?

    Any Limited Liability Company in Tennessee that has decided to dissolve must file the SS-4246 form. This applies whether the dissolution is voluntary, due to the expiration of the LLC's duration, or based on other specific events outlined in the company's articles or operating agreement. It is important for all members of the LLC to be aware of this requirement to ensure proper compliance with state regulations.

  3. What information is required on the SS-4246 form?

    The SS-4246 form requires several key pieces of information:

    • The name of the Limited Liability Company.
    • The reason for dissolution, which could include member approval, expiration of duration, termination of a member's interest, or an event specified in the operating agreement.
    • The date of any relevant meetings or events that led to the dissolution.
    • If applicable, a delayed effective date for the dissolution.

    Each of these details is crucial for the form to be processed correctly by the Secretary of State's office.

  4. Is there a fee associated with filing the SS-4246 form?

    Yes, there is a filing fee of $20 associated with the SS-4246 form. This fee must be paid at the time of submission. It's important to include this payment to avoid any delays in processing the dissolution of your LLC.

Common PDF Forms

Documents used along the form

The SS-4246 Tennessee form is essential for a Limited Liability Company (LLC) that is undergoing dissolution in the state of Tennessee. However, several other forms and documents may accompany this filing to ensure compliance with state regulations and to facilitate the dissolution process. Below is a list of related documents commonly used alongside the SS-4246 form.

  • Articles of Dissolution: This document formally states the intent to dissolve the LLC. It provides essential information about the company and is often required to be filed with the state to finalize the dissolution process.
  • Operating Agreement: This internal document outlines the management structure and operating procedures of the LLC. It may contain provisions related to dissolution, including how assets will be distributed among members.
  • Final Tax Returns: LLCs must file final tax returns with both federal and state authorities. This ensures that all tax obligations are settled before the company is officially dissolved.
  • ADP Pay Stub: This document provides employees with a summary of their earnings and deductions for a specific pay period, including important details such as gross pay, net pay, and taxes withheld. For more information, visit topformsonline.com/adp-pay-stub/.
  • Notice to Creditors: This is a formal notification to creditors about the impending dissolution. It allows creditors to submit any claims against the LLC before assets are distributed.
  • Resolution of Dissolution: If the members of the LLC vote to dissolve the company, a resolution documenting this decision should be created. This document serves as proof of member approval for the dissolution.
  • Certificate of Good Standing: Obtaining this certificate from the state confirms that the LLC is compliant with all state requirements up until the point of dissolution. It may be necessary for certain transactions during the dissolution process.
  • Distribution Plan: This document outlines how the LLC’s assets will be divided among its members. It is crucial for ensuring that all members agree on the distribution before the dissolution is finalized.

Each of these documents plays a vital role in the dissolution process of an LLC in Tennessee. Properly managing the dissolution ensures compliance with state laws and protects the interests of all parties involved.