No, once it is dissolved, it doesn't exist...it can't do anything at all.
the corporation
The corporation is responsible for the corporation's debt. Normally, there is a financial officer who pays the bills. If the corporation fails and goes bankrupt, people simply do not get paid. If the company is bankrupt and there is money, a judge appoints someone to pay according to a plan.
What type of license are you referring to? If the corporation is dissolved, everything relating to the corporation would also be voided. This would vary based on regulations of the state that the corporation is registered and based in also.
A major advantage of a corporation is the limited liability of the owners. When a stockholder dies, the corporation is not dissolved.
They didn't go bankrupt, the company simply dissolved with new EPA restrictions in the 1970's. K-Zacherl
Then it no longer exists.
A dissolved corporation is no longer an entity. I can't imagine how it can enter a legal action, unless the entity was assigned to an agent or one of the original parters.
a dissolved corporation is not a corporartion. a superior court judge will hear any case to see if the "veil" of the corporation can be punctured. If so, the lien holder can sue the officers separately.
For a time, yes. Depending on the nature of the claim and how the corporation was dissolved, the claim is barred after a period of time, basically 2 years or 5 years.
Yes it was.
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