Legal Question in Business Law in Florida

corporate dissolution-administrative

I have a corporation that is no longer in business and has no outstanding creditors or claimants. The state wants $400 to keep it active, otherwise the corp will be administratevly dissolved. Are there any good reasons against allowing administrative dissolution?


Asked on 8/31/07, 10:29 am

3 Answers from Attorneys

Scott R. Jay Law Offices of Scott R. Jay

Re: corporate dissolution-administrative

NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.

Unless you have an immediate use for it, let it die a natural death. You can always set up a new corporation in the future if you need one.

Scott R. Jay, Esq.

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Answered on 9/01/07, 12:22 am
Johm Smith tom's

Re: corporate dissolution-administrative

None; let it die this peaceful death.

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Answered on 8/31/07, 10:59 am
Alexander M. Rosenfeld Rosenfeld & Stein, P.A.

Re: corporate dissolution-administrative

If you will have no need for the corporate status, then there are no reasons against allowing administrative dissolution.

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Answered on 8/31/07, 5:21 pm


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