California  |  Business Law

Legal Question

Asked on: 10/03/06, 7:58 pm

Terminating of LLC

How do I terminate an LLC for a company that had no business for 2 years and did not do any of the proper filing for an LLC. No taxes were filed, no meeting minutes or any of the yearly fees were paid on the LLC (does an LLC have to pay yearly fees?) Partner gave up and I continued to try to make it work via a website I had written. I got a business license using that same company name (my first mistake) in my name and social security #. I opened new accounts bank, vendors etc. Everything is in my name I do all of the work.

The LLC issue keeps coming up and ex partner say they will shut it down in order to terminate the LLC. Can they do this at this point and how do we rid ourselves of that LLC and can they ask me for money?

My name is on it along with 3 other people

Does it become in active or non operational if someone just lets it go?

Thank you so much

Didn't find what you were looking for? Ask an Attorney!

Get answers from the top Attorneys
Ask Question

125 Answers given in the last few hours.

8663 Active attorneys ready to answer your question

Search Past Answers:
  Advanced Search