FTB sending proposed dissolution notices to nonprofit corporations - Spidell

FTB sending proposed dissolution notices to nonprofit corporations


The FTB sent 6,564 nonprofit corporations proposed dissolution notices dated January 11, 2019. (FTB Public Service Bulletin (January 14, 2019)) Nonprofit corporations that are suspended by the FTB for 48 consecutive months will be administratively dissolved unless they respond to the notice in writing.

Nonprofits that wish or object to the dissolution notice may do so by e-mail or regular mail to the contacts listed in the Bulletin:

www.ftb.ca.gov/aboutFTB/Public_Service_Bulletins/2019/05-0114.shtml

The list of corporations subject to administrative dissolution is posted by the Secretary of State at:

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