Startups Stack Exchange Archive

How to legally quit as stakeholder?

I am a co-founder of an Inc. I registered the corporation in New York a few years ago and now I want to quit it.

How do I do so ?
Do I also have to fill the DTF-17.1 form before I quit ?

Answer 12310

What do you mean by quit?

You can disolve the CORP using the TR-125 (https://www.tax.ny.gov/bus/doingbus/tr125.htm)

If you just want to resign, just follow the instructions here (Basically, submit a resignation letter and get it cosigned by the partner(s) for acknowledgement:
https://www.entrepreneur.com/answer/221353


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