Section 27 Checklist

• Library: Business Transitions 2009 Forms

The following is a checklist of some of the major steps, documents, and questions confronted in a voluntary dissolution.

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Voluntary Dissolution-Checklist

1. Review and consider:

a. the corporation’s articles;

b. the corporation’s bylaws;

c. the corporation’s shareholder agreements;

d. the applicable dissolution statute;

e. the federal securities laws;

f. the state securities laws;

g. applicable bankruptcy laws;

h. the law of fraudulent conveyances;

i. applicable state and federal tax laws; and

j. the status of the...