Get Bca 12 45 Illinois Form

The BCA 12.45 Illinois form is a document used by corporations in Illinois to notify the state of a change in their status, such as dissolution or reinstatement. This form is essential for maintaining compliance with state regulations and ensuring that a corporation's records are accurate. For those needing to fill out this form, please click the button below.

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The BCA 12.45 form is an essential document for businesses operating in Illinois, particularly for those looking to dissolve or reinstate their corporate status. This form serves as a formal application that notifies the Illinois Secretary of State of a corporation's intent to either dissolve or reinstate its existence. It requires specific information about the corporation, such as its name, the date of dissolution or reinstatement, and the registered agent's details. Additionally, the form prompts the corporation to provide its unique filing number, which is crucial for identification purposes. It is important to note that the BCA 12.45 form also addresses any outstanding fees or penalties associated with the filing process. Corporations must ensure that all necessary signatures are obtained from authorized individuals, as these signatures validate the application. Furthermore, the form emphasizes the need for accurate information to avoid potential delays or complications in processing. Understanding the nuances of this form can significantly impact a corporation's legal standing and operational continuity in Illinois.

Document Breakdown

Fact Name	Description
Form Purpose	The BCA 12.45 form is used for the dissolution or reinstatement of a corporation in Illinois.
Governing Law	This form is governed by the Illinois Business Corporation Act.
Filing Requirement	Corporations must file this form with the Illinois Secretary of State to officially dissolve or reinstate their business status.
Signature Requirement	The form must be signed by an authorized officer of the corporation to validate the application.
Filing Fees	A filing fee is required when submitting the BCA 12.45 form, which varies based on the type of action taken.
Foreign Corporations	Foreign corporations must also use this form for dissolution or reinstatement in Illinois.
Processing Time	The processing time for the BCA 12.45 form can vary, but typically takes several weeks.
Availability	The form is available online through the Illinois Secretary of State's website for easy access and submission.

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Misconceptions

Understanding the BCA 12 45 Illinois form is crucial for businesses navigating the dissolution or reinstatement process. However, several misconceptions can lead to confusion. Below are some common misunderstandings and clarifications.

Misconception 1: The form is only for corporations.

This form is applicable to both domestic and foreign corporations, as well as limited liability companies (LLCs) in Illinois.

Misconception 2: Filing the form guarantees automatic reinstatement.

While submitting the form is necessary for reinstatement, approval is not guaranteed. The Secretary of State reviews each application on a case-by-case basis.

Misconception 3: There are no fees associated with filing the form.

There are specific filing fees that must be paid when submitting the BCA 12 45 form. Additional penalties may apply if the business has been inactive for a period.

Misconception 4: The form can be submitted at any time without consequences.

There are deadlines for filing the form, especially if the business wishes to avoid additional penalties or complications in its status.

Misconception 5: A name change can be made on this form without prior approval.

Any proposed name change must comply with Illinois naming requirements and may need prior approval before it can be processed on the form.

Misconception 6: Once filed, the business is automatically considered active.

Filing the form does not immediately reactivate the business. The Secretary of State must process the application and confirm the reinstatement.

Misconception 7: The form does not require any supporting documents.

Depending on the circumstances, additional documentation may be required to support the application for dissolution or reinstatement.

Misconception 8: The BCA 12 45 form is the same for all states.

Each state has its own specific forms and requirements. The BCA 12 45 is unique to Illinois and should not be confused with forms from other states.

Misconception 9: Once a business is dissolved, it can never be reinstated.

Businesses that have been dissolved can often be reinstated by filing the appropriate form and meeting the necessary requirements, provided they act within a specified timeframe.

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Dos and Don'ts

When filling out the BCA 12 45 Illinois form, it is essential to be mindful of certain practices to ensure accuracy and compliance. Here are four recommendations regarding what you should and shouldn't do:

Do double-check the corporation name and ensure it matches the name on the certificate of dissolution or reinstatement.
Do provide accurate contact information for the registered agent in Illinois.
Don't leave any sections blank; incomplete forms may be rejected or delayed.
Don't forget to sign the form; an unsigned form is considered invalid.

Bca 12 45 Illinois: Usage Instruction

Filling out the BCA 12.45 form in Illinois is a straightforward process that requires attention to detail. This form is used for specific business purposes, and it’s important to ensure that all information is accurate to avoid delays or issues. Once completed, the form will need to be submitted according to the instructions provided by the Illinois Secretary of State's office.

Obtain the Form: Download the BCA 12.45 form from the Illinois Secretary of State's website or request a hard copy from their office.
Enter the Corporation Name: Fill in the name of the corporation as it appears on the Certificate of Dissolution or Reinstatement.
Provide the Corporation Name Change: If applicable, indicate the new name of the corporation if it has changed.
Enter the Date of Certificate: Write the date on which the Certificate of Dissolution or Reinstatement was issued.
List the Registered Agent: Include the name and address of the Illinois registered agent.
Provide the Registered Office Address: Fill in the complete address of the registered office in Illinois.
Enter the Corporation's ID Number: Input the corporation’s identification number as assigned by the state.
Sign the Form: The form must be signed by an authorized officer of the corporation. Include their name and title.
Check for Accuracy: Review all entries to ensure they are correct and complete.
Submit the Form: Send the completed form to the appropriate office along with any required fees.