If a community association decides to dissolve, what document must be filed with the Secretary of State?

Study for the Georgia Community Association Manager (CAM) License Exam. Use flashcards and multiple choice questions, with hints and explanations. Prepare for your certification!

The correct response is the Notice of Intent to Dissolve. When a community association chooses to dissolve, it is necessary to formally notify the state government of this decision. The Notice of Intent to Dissolve serves as an official document that communicates to the Secretary of State that the association plans to cease operations and dissolve its corporate existence.

Filing this notice is a critical step in the dissolution process, as it ensures that all legal requirements are met and that the dissolution is acknowledged by the state. This document typically contains details about the association, such as its name, intent to dissolve, and the reasons for dissolution, providing transparency and formality to the process.

The other documents listed, such as the Articles of Incorporation and the Request for Reinstatement, pertain to different aspects of corporate structure and status. The Annual Registration Form is related to maintaining the corporation’s active status but does not specifically address the process of dissolution. Therefore, the key document for officially dissolving a community association is indeed the Notice of Intent to Dissolve.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy