Corporate Charter Revoked

This is a discussion on Corporate Charter Revoked within the Other Business & Finance Law Issues forum, part of the BUSINESS & FINANCE LAW category; I just found out that a Non-Profit Corporation that I deal with had their chrter revoked by the state in ...

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Old Nov 9th, 2006, 03:38 PM   #1
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Confused Corporate Charter Revoked

I just found out that a Non-Profit Corporation that I deal with had their chrter revoked by the state in 1987. They own a building, which they are now trying to sell. Are they legally allowed to do that?
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Old Nov 10th, 2006, 09:51 AM   #2
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Default Re: Corporate Charter Revoked

They should not still be acting as a non-profit; their status may have changed. Call the state dept of corporations to see what is the status now, if anything.
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