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Question (Rosy Finch Boyz LLC related)

Posted on 10/5/21 at 3:45 pm
Posted by Nix to Twillie
Houston, TX
Member since Jan 2015
17699 posts
Posted on 10/5/21 at 3:45 pm
So here is the link that was provided on this site in 2017 as proof that O actually went and did that shite.

LINK

Here’s the thread that started it all:

LINK

But if you look at the updated status, you’ll see it now reads: “Active Not In Good Standing For Failure To File Annual Report.

What does this mean? Genuinely curious. I know nothing about this stuff. And have fun browsing through that thread. I did.

ETA: kinda funny there are now 2 active threads related to this. Didn’t notice the other one
This post was edited on 10/5/21 at 3:47 pm
Posted by TheArrogantCorndog
Highland Rd
Member since Sep 2009
14814 posts
Posted on 10/5/21 at 3:47 pm to
Rosy.... FinchBoyz

Clap...

Clap...

Clap clap clap
Posted by SBvital
Member since Feb 2013
1954 posts
Posted on 10/5/21 at 3:50 pm to
This is nothing out of the ordinary.

Probably hasn't needed to use the LLC for anything and forgot to file.

Posted by Nix to Twillie
Houston, TX
Member since Jan 2015
17699 posts
Posted on 10/5/21 at 3:50 pm to
Got it.
Posted by RosyFinchBOYZ
Member since Oct 2017
421 posts
Posted on 10/5/21 at 3:51 pm to
I think it means Chicken can ban me until he gets it fixed, but I’m not sure.
Posted by jmon
Mandeville, LA
Member since Oct 2010
8407 posts
Posted on 10/5/21 at 3:51 pm to
quote:

Active Not In Good Standing For Failure To File Annual Report.
[img]What does this mean?[/img]
Have to file annually with a minimum fee yearly to register corp or llc with the state. Could be an oversight, could have been dissolved after divorce, could be dissolution of the company and started a new company, but probably not as nefarious as we all hope!
Posted by Nix to Twillie
Houston, TX
Member since Jan 2015
17699 posts
Posted on 10/5/21 at 3:54 pm to
quote:

probably not as nefarious as we all hope!


looks like you read my mind.
Posted by Drizzt
Cimmeria
Member since Aug 2013
12857 posts
Posted on 10/5/21 at 3:54 pm to
He probably had his wife listed as an officer or owner and dissolved that LLC when they divorced. I have my wife as a minority owner in my LLC as a pass through for tax purposes. You have to pay $200 a year to the state to keep it registered as well which is what was not done here.
Posted by WPBTiger
Parts Unknown
Member since Nov 2011
30925 posts
Posted on 10/5/21 at 3:55 pm to
quote:

But if you look at the updated status, you’ll see it now reads: “Active Not In Good Standing For Failure To File Annual Report.”

What does this mean? Genuinely curious.


Means he just missed the date for filing the annual report. Not a big deal. Once you file it, you are back in good standing.
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