Under the California General Corporation Law a corporation which is dissolved nevertheless continues to exist for the purpose, among others, of prosecuting actions. Cal. Corp. Code § 2010(a). Further, no action to which a dissolved corporation is...
Why A Dissolved Corporation May Sue While A Suspended Corporation May Not
Posted on August 23, 2021
Print Your Own Entity Status Letter!
Posted on July 19, 2021
The California Secretary of State suspends or forfeits an entity for failure to file the required Statement of Information, and in the case of a domestic corporation that is an association formed to manage a common interest development, the required
Franchise Tax Board Is Now Able To Dissolve/Cancel Zombie Corporations And LLCs
Posted on February 04, 2019
As are result of legislation enacted last year, California corporations and limited liability companies may now apply to the Franchise Tax Board for administrative dissolution/cancellation. 2017 Cal. Stats. ch. 679 (AB 2503). The FTB, moreover,...
FTB Publishes Disinformation About Corporations
Posted on November 28, 2017
Recently, I happened across a summary of the "key features" of a corporation on the California Franchise Tax Board's website. Recognizing that it is always a challenge to summarize accurately complex legal matters, I do beg to differ with some of...
