My entity’s (corporation, LLC or partnership) status is revoked. What is it and how can I put my company back in good standing?
If entity’s status is revoked then articles of incorporation / organization shall be void and all powers conferred upon such corporation / company are declared inoperative, and, in the case of a foreign entity, the certificate of authority / registration shall be revoked and all powers conferred hereunder shall be inoperative. Penalties for operating after revocation Civil fines, penalties, and fees may be imposed on any person who, or limited liability company or corporation that, commits an infraction of any provisions of Business Corporation Act, and/or Nonprofit Corporation Act and/or Limited Liability Company Act or fails to comply with any provisions thereof pursuant to Chapter 18 of Title 2 (“Civil Infractions Act”). D.C. Code also has provision that stipulates that any entity, person, or persons who shall exercise or attempt to exercise any powers under domestic or foreign entity which has been revoked may be charged with a misdemeanor. Reinstatement Any entity may file applica
Related Questions
- What if a company is an LLC with a W-9 on file, but they list themselves as a partnership which is a business entity 2 on the vendor file, can this business be an approved vendor for P-Card purposes?
- My business entity (Corporation, LLC, Partnership, etc) is entirely passive and/or dormant and it is just paying a minimum tax to the Secretary of State. Is it required to get a license?
- My entitys (corporation, LLC or partnership) status is revoked. What is it and how can I put my company back in good standing?
