So we are no longer a Nevada Corp, as it states it was moved to Florida, and now we are inactive and could face civil penalties if we continue to do business while in an Administrative Dissolution? And we are in an Administrative Dissolution because we haven't filed any annual reports? WTF?
Administrative dissolution of a corporation by the Secretary of State may occur for the following reasons:
Failure to file an annual report Failure to pay franchise taxes Failure to maintain a registered agent Fraud upon the state. However, as with a voluntary dissolution, administrative dissolution does not mean the corporation has ceased its existence. Administrative dissolution does not terminate the authority of the corporation's registered agent.
Before an administrative dissolution occurs, the Secretary of State must provide written notice by mail that the corporation is to be dissolved. The corporation then has xxx days in which to correct or explain the situation. If it does not, the corporation may be administratively dissolved.
If your entity has been administratively dissolved or your entity's certificate has been cancelled or rescinded, you may request a reinstatement packet.
A corporation or limited liability company may be Administratively Dissolved if the entity in question falls into delinquent status for failure to file its required annual report and fails to correct that status within a certain time,after appropriate notification attempts by the Department. Administrative Dissolution is the termination of existence of the entity by this department.
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