355.703. Articles of termination, contents.
Articles of termination, contents.
355.703. 1. A voluntarily dissolved corporation shall fileits articles of termination with the secretary of state's officewhen it has disposed of all claims filed against it pursuant tothis chapter. The articles of termination shall state:
(1) The name of the corporation;
(2) The date of its dissolution;
(3) A statement that it has disposed of all claims filedagainst it pursuant to this chapter;
(4) A statement that all debts, obligations and liabilitiesof the corporation have been paid and discharged, or adequateprovision has been made therefor.
2. The filing fee for filing articles of termination isfive dollars.
3. If the secretary of state finds that the articles oftermination conform to law and the necessary fees have been paid,he shall issue a certificate of termination which will state thatthe corporation no longer exists and this cannot be recognized asa separate legal entity with rights and privileges. Upon theeffective date of the articles of termination, the corporationwill cease existence and its name will be immediately available.
(L. 1994 H.B. 1095)Effective 7-1-95