Thread: Dumb Question
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Old 02-28-2008, 09:25 AM
energized energized is offline
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Join Date: Feb 2008
Posts: 3
Re: Dumb Question

Thank you for responding. The corporation is documented through the state and has been issued shares of stocks. The corp also has a Fed tax ID. However, to dissolve a corporation, there are 2 options to choose from.

The first option is to dissolve a corp that has not commenced buiness. I think this means: If I haven't conducted any business transaction or recieved any revenue, then I can do the simple form and simply request the state to close the file.

The second option I think means this: If I have completed transactions, produced revenue, or issued stocks to shareholders, I would have to use the long form.

I don't have any stockholders, I never issued the stocks to anyone else, and I have never generated revenue. But the condo IS in the company name...so the state may consider that a transaction, so, I'm not sure. I guess I'll call a real estate attorney and hopefully they can give me some insight on it.

Thanks for you help
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