SOHM Inc (SHMN)

[john12341]

the California sos needs to fix the problem. becouse if you did not know you would assume that the company could not conduct business in California as FTB Forfeited means California Does Not Allow Forfeited Corporations to Transact Business.

Has your “foreign” Corporation been Suspended or “Forfeited” in California?

A corporation formed in California is called a domestic corporation. A corporation originally formed in another state (Texas, Nevada, Arizona, or England) but qualified to do business in the state of California, is called a foreign corporation. A foreign corporation, like all other California corporations, can be suspended, or forfeited, by the California Secretary of State and/or the California Franchise Tax Board (FTB). If a foreign corporation is suspended by the California Secretary of State, or the California Franchise Tax Board, the suspended status of the corporation is called “forfeited.”

California Does Not Allow Forfeited Corporations to Transact Business.

If a foreign corporation is “forfeited” that means the Secretary of State and/or the California FTB has revoked the powers and privileges of the foreign corporation for failing to file a required document or paying a tax. A forfeited corporation cannot: (1) transact any business in California, (2) transfer or sell property in California, (3) bring or defend a lawsuit in California, (4) file an appeal in California, (5) request a state tax refund; (6) amend a state tax return; (7) challenge an assessment, or (8) stop a customer or vendor in California from voiding a contract. To revive a foreign corporation in the state of California, the corporation must first determine when it was suspended (forfeited) and which California agency(ies) issued the request for forfeiture.

read in full
https://www.yourlegalcorner.com/articles.asp?cat=corp&id=176


AS I SAID IN MY EARLYER POST I CALLED SOHM INC ON THIS MATTER AND THEY SAID DONT WORRY ABOUT IT AS THEY ARE IN NORMAL BUSINESS OPERATIONS