Articles of Dissolution FIRST: The name of the corporation is SECOND: The address of the principal office of the corporation is (NOTE: Address cannot be a post office box, include a street name and number. The address must be within Maryland.) THIRD: The resident agent of the corporation who shall serve for one year after dissolution and until the affairs of the corporation are wound up is whose address is FOURTH: The name and address of each of the directors is as follows: FIFTH: The name, title and street address of each of the officers is as follows: President (Required) Treasurer (Required) Secretary (Required) Other SIXTH: The dissolution of the corporation was approved in the manner and by the vote required by law and by the charter of the corporation. The dissolution of the corporation was duly authorized by the board of directors and stockholders of the corporation. (NOTE: For the specific procedures for approval by directors and stockholders, the charter and by- laws of the corporation he Corporations and Associations Article of the Annotated Code of Maryland should be consulted.) Rev: American LegalNet, Inc. www.FormsWorkFlow.com SEVENTH: Notice of approved dissolution was mailed to all known creditors of the corporation on . OR The Corporation has no known creditors. (NOTE: Use only one of the two statements in Article Seventh. If notice was mailed to creditors, Articles of Dissolution cannot be filed until after the 19th day following the mailing of the notice.) EIGHTH: The Corporation is dissolved. NINTH: (OPTIONAL) Insert here all other provisions which the corporation considers necessary to dissolve. The undersigned (president, vice president, secretary or assistant secretary) certify under the penalties of perjury that to the best of my knowledge, information and belief, the matters and facts set forth in these Articles of Dissolution with respect to the approval thereof are true in all material respects. ATTEST: Secretary or Assistant President or Vice President Secretary of Corporation of Corporation NOTE: The officer attesting and the officer signing cannot be the same individual unless the corporation is a close or a professional service corporation. I hereby consent to my designation in this document as resident agent for this corporation. SIGNED Resident Agent NOTE: This is to end the existence of a Maryland corporation only. All property returns due must have been filed and any penalties must have been paid. American LegalNet, Inc. www.FormsWorkFlow.com Maryland Department of Assessments & Taxation Charter Division: May 2016 Information Guide For Dissolving a Maryland Corporation & Terminating a Foreign Corporation's Right to do Maryland Business Dissolving a Maryland Corporation I.The enclosed guidelines for drafting Articles of Dissolution merely indicate the mandatory provisionswhich must be included in Articles of Dissolution in order for the document to be accepted by theDepartment. The guidelines do not provide any aid in drafting optional provisions to modify theArticles of Dissolution to suit specific situations. Furthermore, the guidelines do not provide any adviceon the legal and tax repercussions of dissolving the corporation.II.Requirements of the Department to dissolve a corporation: A.Articles of Dissolution must be received and approved by the Department. (See III)B.All personal property reports including the current year's report must be filed with the Department.NOTE: In order to inquire as to whether the personal property returns are current you should contact the Department of Assessments and Taxation, Personal Property Division, 301 West Preston Street Baltimore, MD 21201 or telephone 410-767-1170. C.A fee of $100 must be submitted with the Articles of Dissolution.D.If Articles of Dissolution are filed between January 1 and April 15, the current year's personalproperty report will not be required to be filed if:1.A notarized affidavit signed by a representative of the corporation accompanies the Articles ofDissolution and indicates that the corporation owned no tangible personal property on January 1 ofthe current year; or2.The tangible personal property is transferred prior to dissolution and a transfer of property report isfiled with the Articles of Dissolution. (The transfer of personal property report form can be obtainedby contacting the Department at 410-767-1170.)If the requirements of (1) or (2) are not satisfied then the current year's personal property reportmust be filed, and the assessment of that personal property must be certified to the subdivisionswhere the property is located. The personal property taxes for the next year beginning July 1 mustbe paid prior to filing the Articles of Dissolution.E.If Articles of Dissolution are filed between April 16 and June 30, the current year's personalproperty report will have to be filed. Personal property taxes generated from the assessment of thatreport will not have to be paid if:1.The report indicated that the corporation owned no tangible personal property on January 1 of thecurrent year; or2.The tangible personal property of the corporation is transferred prior to dissolution and a transfer orpersonal property report is filed with the Articles of Dissolution. (The transfer of personal propertyreport form can be obtained by contacting the Department at 410-767-1170.) American LegalNet, Inc. www.FormsWorkFlow.com Maryland Department of Assessments & Taxation Charter Division: May 2016 III.The Articles should be typed on white paper at least 8 275 inches by 11 inches and not larger than 8 275 by14 inches.IV.Other Information:A.Dissolution before organizational meeting: If a corporation is to be dissolved before the organizational meeting, the dissolution should be approvedby a majority of the incorporators instead of by the directors and stockholders. A majority ofincorporators would also execute the articles instead of the officers. A statement that the corporation isdissolving before the organizational meeting should be included in the articles.B.Dissolution after organizational meeting but before the issuance of subscription of stock: If a corporation is to be dissolved after the organizational meeting but before the issuance orsubscription of stock, the dissolution should be approved by resolution of a majority of the board ofdirectors. A majority of the directors would execute the articles instead of the officers. A statement thatthe corporation is dissolving after the organizational meeting but before the issuance or subscription ofstock should be included in the articles.C.Close Corporations: If the close corporation elected to have no board of directors, it would be approved by the stockholdersonly.D.Non-stock Corporations: Where the words "stock" or "stockholders" are used in this publication, the words "membership" or"members", respectively, should be inserted.E.Other Information: If legal questions arise regarding the dissolution of the charter, you should consult an attorney and/orthe Corporations and Associations Article of the Annotated Code of Maryland. The Annotated Code ofMaryland can be found in most public libraries in Maryland. Title 3, Subtitle 4 is relevant to Articles ofDissolution. Title 7 is relevant to Foreign Terminations.V.Termination of authority to do business by a non-Maryland (Foreign) corporation: A foreign corporation may terminate its qualification by completing the Department's Application forTermination. All annual personal property returns must have been submitted, and any late filingpenalties assessed against the corporation must be paid.The fee to file the application is $25.00. American LegalNet, Inc. www.FormsWorkFlow.com VI.Walk-in processing of documents is done only upon payment of an expedited fee: $50.00 to file a document, $20.00 to receive a certificate of status, $20.00 to receive copies of a document. These feesare in addition to the normal fees charged. Expedited service requests may also be made by mail. Inbold print on both a cover letter and on the envelope state "EXPEDITED SERVICE REQUESTED"and include the expedited fee. NOTES: Due to the fact that the laws governing the formation a