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To: BAW
Much ado about nothing. I have practiced law in MD for over twenty years. Many corporations inadvertently let their charters lapse, usually by failing to file the annual property tax return. They can file the returns, pay whatever tax is owed and their charter will be reinstated.

Though fines can be imposed they seldom are. The practical problems with not operating with a charter are that (i) the officers, directors and shareholders (probably no shareholders here) will lose the corporate protection against personal liability on lawsuits, and (ii) the organization loses the ability to bring suit in state courts.

Lets not get too wound up about his; there are much more legitimate and effective ways to attack them.

53 posted on 09/15/2009 10:50:22 AM PDT by KevinB (Those who love sausage and respect the law should never watch either being made.)
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To: KevinB
... (i) the officers, directors and shareholders (probably no shareholders here) will lose the corporate protection against personal liability on lawsuits, and (ii) the organization loses the ability to bring suit in state courts.

Is that an opening to go after individual officers in ACORN now?

77 posted on 09/15/2009 12:58:29 PM PDT by Real Cynic No More (The only thing standing between us and complete victory over the evildoers is POLITICS!)
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To: KevinB

You have a private mail.


82 posted on 09/15/2009 1:12:35 PM PDT by Sensei Ern (http://www.myspace.com/reconcomedy)
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To: KevinB

“Much ado about nothing. I have practiced law in MD for over twenty years. Many corporations inadvertently let their charters lapse, usually by failing to file the annual property tax return. They can file the returns, pay whatever tax is owed and their charter will be reinstated.”

Perhaps. Yet when I checked on the nutty bunch prior to the November election, they seemed to have a significant amount of unpaid taxes in quite a few states. Systemic disregard of tax law. Add that to the long list of RICO charges, IMO.

Time to spray Round-Up on these nutty growths on American society and its decent taxpayers.


89 posted on 09/15/2009 4:15:15 PM PDT by FreeStateYank (I want my country and constitution back, now!)
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