Articles Of Cancellation (Domestic Limited Liability Company)

ARTICLES OF CANCELLATION LIMITED LIABILITY COMPANY. This form is used to officially terminate a Maryland Limited Liability Company (LLC). Filing this document with the Maryland State Department of Assessments and Taxation (SDAT) signifies that the LLC has concluded its operations and seeks formal dissolution under state law. Before submitting the Articles of Cancellation, the LLC must settle all debts, notify creditors, and distribute any remaining assets among members. The form requires details such as the LLC's name, principal office address, information about a resident agent who will serve for one year post-termination, and the names and addresses of members responsible for winding up the company's affairs. By filing this form, the LLC formally concludes its legal existence in Maryland, ensuring that it is no longer recognized as an active business entity by the state. www.FormsWorkflow.com