- 12 - * * * * * * * (g) Terminate the authority of the registered agent of the corporation. Similarly, section 607.1421, Florida Statutes (1995), "procedure for and effect of administrative dissolution", was amended to provide, in relevant part: (3) A corporation administratively dissolved continues its corporate existence but may not carry on any business except that necessary to wind up and liquidate its business and affairs under s. 607.1405 and notify claimants under s. 607.1406. * * * * * * * (5) The administrative dissolution of a corporation does not terminate the authority of its registered agent. While pre-1989 Florida law provided a 3-year limitation period for commencing actions in the name of a dissolved corporation, the amended Florida statutes do not require such a limitation. A dissolved Florida corporation now continues in existence indefinitely to the extent necessary to wind up and liquidate its business and affairs, including the right to sue and be sued in its own name. See Cygnet Homes, Inc. v. Kaleny Ltd., 681 So. 2d 826 (Fl. Dist. Ct. App. 1996). Starvest, therefore, had the legal capacity to file petitions with this Court, even though it was dissolved at the time the petitions herein were filed.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011