Articles Of Cancellation Of A Domestic Business Trust
Articles Of Cancellation Of A Domestic Business Trust Form. This is a Virginia form and can be use in Business Trust Secretary Of State.
Tags: Articles Of Cancellation Of A Domestic Business Trust, BTA1238, Virginia Secretary Of State, Business Trust
COMMONWEALTH OF VIRGINIA STATE CORPORATION COMMISSION BTA1238 (04/09) ARTICLES OF CANCELLATION OF A VIRGINIA BUSINESS TRUST The undersigned, on behalf of the business trust set forth below, pursuant to § 13.1-1238 of the Code of Virginia, states as follows: 1. The name of the business trust is _____________________________________________________________________________. 2. The business trust's certificate of trust issued by the State Corporation Commission was effective on __________________________________________. 3. These articles of cancellation are submitted for filing for the following reason(s): _____________________________________________________________________________. 4. The business trust has completed the winding up of its affairs. (See instructions.) 5. Any other information the trustees determine to include herein (optional): __________________ _____________________________________________________________________________. Executed in the name of the business trust by: (signature) (date) (printed name) (title (e.g., trustee or title of officer)) (business trust’s SCC ID no.) (telephone number (optional)) (The articles must be executed by a trustee or by an officer of the business trust, or if the business trust is in the hands of a receiver, trustee, or other court-appointed fiduciary, by that fiduciary.) PRIVACY ADVISORY: Information such as social security number, date of birth, maiden name, or financial institution account numbers is NOT required to be included in business entity documents filed with the Office of the Clerk of the Commission. Any information provided on these documents is subject to public viewing. SEE INSTRUCTIONS ON THE REVERSE Provide a name and mailing address for sending correspondence regarding the filing of this document. (If left blank, correspondence will be sent to the registered agent at the registered office.) (name) (mailing address) American LegalNet, Inc. www.FormsWorkflow.com INSTRUCTIONS TO FORM BTA1238 This form is to be used by Virginia business trusts only. The articles must be in the English language, typewritten or printed in black on white, opaque paper 8 1/2" by 11" in size, legible and reproducible, and free of visible watermarks and background logos. A minimum of 1" must be provided on the left, top and bottom margins and 1/2" on the right margin. Use only one side of a page. You can download this form from our website at www.scc.virginia.gov/clk/formfee.aspx. 1. Name: Insert the exact name of the business trust as currently on file with the Commission. 2. Unless the articles of trust provided for a delayed effective date, the effective date of the certificate of trust issued by the Commission is the date the business trust's articles of trust were filed. 4. Before submitting these articles for filing, the business trust must complete the winding up of its affairs by paying and discharging, or making reasonably adequate provision for paying and discharging, all of the debts, liabilities, and obligations of the business trust and distributing all of the business trust's remaining property and assets to its beneficial owners. See §§ 13.1-1236 and 13.1-1238 of the Code of Virginia. The articles must be signed by a trustee or officer of the business trust, or if the business trust is in the hands of a receiver, trustee or other court appointed fiduciary, by that fiduciary. See § 13.1-1202 of the Code of Virginia. It is a Class 1 misdemeanor for any person to sign a document he or she knows is false in any material respect with intent that the document be delivered to the Commission for filing. See § 13.1-1205 of the Code of Virginia. These articles may not be filed with the Commission until all fees and penalties to be collected by the Commission under the Virginia Business Trust Act have been paid by or on behalf of the business trust; provided, however, that an assessed annual registration fee does not have to be paid if these articles are filed with an effective date that is on or before the due date of the annual registration fee payment. See § 13.1-1255 of the Code of Virginia. Submit the original, signed articles to the Clerk of the State Corporation Commission, P.O. Box 1197, Richmond, Virginia 23218-1197, (Street address: 1300 East Main Street, Tyler Building, 1st Floor, Richmond, Virginia 23219), along with a check for the filing fee in the amount of $25.00, payable to the State Corporation Commission. PLEASE DO NOT SEND CASH. If you have any questions, please call (804) 371-9733 or toll-free in Virginia, (866) 722-2551. NOTE A certificate issued by the Commission is effective at the time such certificate is issued, unless the certificate relates to articles filed with the Commission and the articles state that the certificate shall become effective at a later time and date. In that event, the certificate shall become effective at the time and date so specified, provided it is no later than 11:59 p.m. on the fifteenth day after the date on which the certificate is issued by the Commission. See § 13.1-1203 of the Code of Virginia. American LegalNet, Inc. www.FormsWorkflow.com