Articles Of Dissolution Non Commenced Nonprofit Corporation {CD 520}

Instructions for completing F orm CD 5 2 0 ( Articles o f Dissolution of Non - Commenced Nonprofit Corporation ) Important Please Read . Dis solution is a complex process. A nonprofit corporation that has not admitted members entitled to vote on dissolution, has not commenced activities, and has no net assets may use form CD 520 to dissolve. U se of th is form is optional. Articles of dissolution may be drafted pursuant to O.C.G.A. 14 - 3 - 140 1 . Form CD 520 is not intended to re place competent legal counsel. Secretary of State staff is not authorized to provide legal counsel or explain the steps necessary to successfully dissolve a corporati on or to complete these forms. F ilers are strongly urged to obtain professional legal, tax , and / or business advice to assure the filer s goals an d intentions are met, that requirements of the law are satisfied, and that members , officers and directors are protected even after the dissolution. Artic le One Name of the corporation Provide the name of the nonprofit corporation . Control number Provide the control number of the corporation. Article Two Date of i ncorporation Provide the date of incorporation. Article Three Statement that the corporation has not admitted members who are otherwise entitled to vote on d issolution of the corporation. This form may not be used if the corporation has members who are entitled to vote on the dissolution of the corporation. Article Four Articles must include statement that the corporation has not commenced activities. Article Five Articles must include statement that the corporation has no net assets. Article Six Articles must include statement that the corporation has no unpaid debts. Article Seven Filer may choose only one of the proffered options indicating the method of authorization of the dissolution. Article Eight Check the appropriate statement regarding the effective date and time of the articles of dissolution. If the articles of dissolution are to be effective on the date of filing, check the first statement. If the articles of dissolution are to become effecti ve 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 articles of dissolution . Signature The articles of dissolution must be signed by either an incorporator, the chair person of the board of di rectors, 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 articles of dissolution. Please mail t he 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 (404) 656 - 2817 sos.georgia.gov/corporations Articles of Dissolution Article One The name of the nonprofit corporation is: . The control number is: . Article Two The date of incorporation was: . Article Three The corporation has not admitted members entitled to vote on dissolution. Article Four The corporation has not commenced activities . Article Five The corporation has no net assets . Article Six No debt of the corporation remains unpaid. Article Seven (Choose one statement only) A majority of the incorporators authorized the dissolution. A majority of the initial directors authorized the dissolution. Article Eight (Check, and if applicable complete, one of the following) The articles of dissolution shall be effective upon the filing with the Secretary of State. The articles of dissolution shall be effective on: at . (Date) (Time) IN WITNESS WHEREOF , the undersigned has executed these Articles of Dissolution on . (Date) Signature Print Name Capacity (choose one option only): Incorporator Officer Attorney I n F act Court - Appointed Fiduciary Chairperson of Board of Directors Email Address: Form CD 520 (Rev. 6/2019 ) American LegalNet, Inc. www.FormsWorkFlow.com