Last updated: 12/13/2019
Notice Of Intent To Dissolve Non Profit {CD 525}
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Description
Instructions for completing Form CD 525 (Notice of Intent to Dissolve) Important Please Read. Dissolution is a complex process. A nonprofit corporation that has commenced activities may dissolve by filing a Notice of Intent to Dissolve pursuant to O.C.G.A. 14-3-1404 and Articles of Dissolution pursuant to O.C.G.A. 14-3-1409. Form CD 525 and CD 530 may be used for this purpose. Use of these forms is optional. Notice of intent to dissolve may be drafted pursuant to O.C.G.A. 14-3-1404. Forms CD 525 and CD 530 are not intended to replace competent legal counsel. Secretary of State staff is not authorized to provide legal counsel or explain the steps necessary to successfully dissolve a corporation or to complete these forms. Filers are strongly urged to obtain professional legal, tax, and/or business advice to assure the filers goals and intentions are met, that requirements of the law are satisfied, and that members, officers and directors are protected even after the dissolution. Article One Provide the name of the nonprofit corporation. Article Two Provide the date the dissolution was authorized. Article Three Filer must choose one of the statements addressing the participation in the decision to dissolve the corporation. Article Four Check the appropriate statement regarding the effective date and time of the document. If the document is to be effective on the date of filing, check the first statement. If the document is to become effective later than the date of filing, check the second statement and enter the effective date and time in the space provided. Please be advised that the delayed effective date may not be later than 90 days after the filing date of the document. Article Five The corporation must provide a written statement, which may appear in the notice of intent to dissolve, certifying that the request for publication of a notice of intent to voluntarily dissolve the corporation and payment therefor has been made as required pursuant to O.C.G.A. 24714-3-1404.1. Filer may satisfy the statutory requirement for publication certification by signing this form. Do not forward publication notice to the Secretary of State. Signature The articles of dissolution must be signed by either the chairperson of the board of directors, an officer, a receiver, trustee or fiduciary if one has been appointed by a court, or an attorney in fact. The signer must state the capacity in which he or she is signing. Print the name of the signer. There is no fee for filing a Notice of Intent to Dissolve. Please mail or deliver the completed form to: Corporations Division, 2 Martin Luther King Jr. Dr. SE, Suite 313 West Tower, Atlanta, Georgia 30334. American LegalNet, Inc. www.FormsWorkFlow.com Secretary of State OFFICE OF SECRETARY OF STATE CORPOR A TIONS DIVISION 2 Martin Luther King Jr. Dr. SE Suite 313 West Tower Atlanta, Georgia 30334 (404) 656 - 2817 sos.georgia.gov/corporations Notice of Intent to Dissolve Article One The name of the corporation is: . Article Two The date the dissolution was authorized was : . Article Three (Choose one statement only) Dissolution of the corporation was duly approved by the members in accordance with O.C.G.A. 24714 - 3 - 1402 . A pproval of the members was not required . Article Four ( Check, and if applicable complete, one of the following ) This document shall be effective upon the filing with the Secretary of State. This document shall be effective on: at . (Date) (Time) Article Five The undersigned does hereby certify that a request for publication of a notice of intent to voluntarily dissolve the corporation along with the publication fee of $40.00 has been forwarded to the official organ of the county of the registered office as require d by O.C.G.A. 247 14 - 3 - 1404.1(b). IN WITNESS WHEREOF , the undersigned has executed this Notice of Intent to Dissolve on . (Date) Signature Print Name Capacity (choose one option only): Chairperson of Board of Directors Officer Court - Appointed Fiduciary Attorney I n F act Email Address: Form CD 52 5 (Rev . 10/2018 American LegalNet, Inc. www.FormsWorkFlow.com