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Dissolving a business is a natural part of a business entity's lifecycle. Many small business owners opt for a dissolution of their LLC when: Their business was always intended to be temporary.
For example, Maricopa County refers to its branch as "The Judicial Branch of Arizona in Maricopa County." Since 2015, the Maricopa County Superior Court has included a specialized business court docket, known as the Commercial Court. The "Commercial Court is a specialty calendar within the Civil Department to resolve controversies that arise in ...
Dissolution of a partnership is the first of two stages in the termination of a partnership. [1] "Winding up" is the second stage. [1] [2] Dissolution may also refer to the termination of a contract or other legal relationship; for example, a divorce is the dissolution of a marriage only if the husband or wife does not agree. If the husband and ...
Judicial dissolution, informally called the corporate death penalty, is a legal procedure in which a corporation is forced to dissolve or cease to exist. Dissolution is the revocation of a corporation's charter for significant harm to society. [ 2 ]
Dissolving a condominium organization isn't unusual. Termination reduces management costs, and in a depressed market makes it easier for homeowners to sell their units.
An unincorporated association may dissolve for many reasons, including a decision by the members to wind it up or a court order. In addition, an association may sometimes dissolve spontaneously. One such case is where the purpose of the association becomes impossible to fulfil (e.g., if it was to raise funds for a school that goes out of ...
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Location of Arizona. Arizona is a state in the southwestern region of the United States. The region's second-quarter 2018 gross state product was $344.6 billion, with growth driven by the information and manufacturing sectors. [1] The state ranked #17 on Forbes ' list of Best States For Business in 2018, noting strong economic and job growth ...
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