[WSBARP] Corporation Gurus
Craig Gourley
craig at glgmail.com
Tue Nov 21 14:15:59 PST 2017
Listmates, A local nonprofit has approached me with a question that I don't know the answer to. I am hoping the corporate types on the list can shed some light. Nonprofit corporation in incorporated in 1932 with a sunset date of 50 years. Naturally nobody is paying attention. They dutifully pay their annual fee and are today considered an active corporation by both the State and Federal government. Corporation holds substantial amounts of real property, buildings and personal property assets.
Should they file amended articles stating they are now perpetual and ratify all actions back to 1982? Any other better solutions? Both the nonprofit and I appreciate any enlightenment. Craig
Gourley Law Group
Snohomish Escrow
The Exchange Connection
1002 10th Street / PO Box 1091
Snohomish, WA 98291
360.568.5065
360.568.8092 fax
Craig at glgmail.com<mailto:Craig at glgmail.com>
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