FTB mails notices of proposed dissolution to nonprofits - Spidell

FTB mails notices of proposed dissolution to nonprofits


In connection with its authority to administratively dissolve certain nonprofit corporations, on September 9, 2019, the FTB mailed more than 8,500 proposed dissolution notices to certain nonprofit corporations. (FTB Tax News (October 2019)) Once the FTB initiates the administrative dissolution process, the nonprofit corporation has 60 calendar days to act before the corporation is administratively dissolved.

Nonprofit corporations that have not been active for a while can check their status on the Secretary of State’s website, which has a searchable list of nonprofit corporations:

www.sos.ca.gov/business-programs/business-entities/ftb-admin-notice/