Voluntary and involuntary dissolutions

Voluntary and involuntary dissolutions

topi: Voluntary and involuntary dissolutions
Overview:
The law where a corporation is domiciled will control voluntary and involuntary corporate dissolutions.
It’s important to follow the statutory procedures to voluntarily dissolve a corporation.
Failure to do so can result in liability extending beyond the dissolution.
Its also important to recognize events that will trigger a involuntary dissolution, principally so those events can be avoided. Once dissolution occurs in either case, a 2nd step (liquidation or a winding up) must also follow prescribed statutory steps.
In this assignment, you’ll examine voluntary and involuntary corporate dissolutions.

Instructions:
• Compare and contrast voluntary and involuntary dissolutions. Include events and approvals that precede the dissolution, and describe what happens after the corporation is dissolved, including the winding up process.

Requirements for the Voluntary and involuntary dissolutions assignment:
• This assignment will be a paper that is 2.5 double-spaced pages with proper citations.
• Times New Roman font and font size 12.
• Include at least 3 references.
Grading Rubric for Writing Assignment
Your professor may use a slightly different rubric, but the standard rubric at AUR will assess your writing according to the following standards:

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