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Dissolution Resolution Template
Use our free Dissolution Resolution template to formally approve dissolving a corporation or LLC and authorize filing and wind-up actions. Customize vote details, effective date, and winding up steps — then download and print instantly.
DISSOLUTION RESOLUTION TEMPLATE FAQ
What is a dissolution resolution?
A Dissolution Resolution is a formal document showing that the owners or governing body of a business approved dissolving the entity. It records the decision to dissolve and authorizes someone to file dissolution documents, notify stakeholders, pay debts, and complete wind-up tasks.
Who needs to approve dissolution?
It depends on the entity and its governing documents. Corporations often require board approval and shareholder approval. LLCs typically require member approval (or manager approval if allowed). This template includes flexible options for different approving groups.
What steps should be included in a dissolution resolution?
Common steps include: approving dissolution, setting an effective date, authorizing filings with the state, notifying creditors and employees, collecting receivables, paying debts and taxes, selling assets, and distributing remaining assets to owners. This template includes a clear wind-up checklist.
Does this alone dissolve the company?
No. Dissolution typically requires filing articles/certificate of dissolution with the state and completing wind-up steps. This template is the internal approval record; it does not replace required filings or notices.
Should you keep records after dissolution?
Yes. Businesses often keep records for several years for tax, legal, and audit reasons. This template includes an optional records retention line.
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