Form with which a corporation may resolve to alter its corporate status top that of a subchapter (S) corporation.
Business Status Forfeited In Pima
State:
Multi-State
County:
Pima
Control #:
US-0046-CR
Format:
Word;
Rich Text
Instant download
Description
Free preview
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FAQ
Pima County does not require or issue business licenses.
Pima County does not require or issue business licenses.
Business License - Arizona does not issue nor require a state business license, however, most city/town offices issue business licenses.
In general, businesses are allowed to be home-based when there is minimal neighborhood impact based on the amount of traffic to the business and the potential for noise or other elements that may have a negative impact on the neighborhood. Criteria for home-based businesses are found in STC 18.09.
So, you've got a forfeited LLC. Under Maryland law, your entity does not legally exist. That is, until you get sued. Many LLC members do not realize that they can be forced to defend a lawsuit against the LLC even after forfeiture.
“Forfeited” means the right of the entity to conduct business in the State of Maryland has been relinquished and it has no right to use its name. For domestic corporations, this also means that the business has no existence under the laws of the State of Maryland.
Forfeiture is the process that allows the Department to remove inactive entities that have not legally terminated their authority to do business in Maryland or to notify active entities of an existing oversight in meeting legal filing requirements.
In order to maintain Good Standing status, it is important that you file required annual reports and maintain compliance with any applicable Maryland laws. Failing to do so means your entity may be “Not in Good Standing,” which eventually leads to forfeiture.
