| Entity Name: | BAY ISLAND DEVELOPMENT, INC. |
| Jurisdiction: | FLORIDA |
| Filing Type: |
Domestic Profit
BAY ISLAND DEVELOPMENT, INC. is structured as a Domestic Profit Corporation, which, in Florida signifies a Profit Corporation (also known as a C-Corporation). This business structure is recognized as a separate legal entity from its owners. This offers shareholders the benefit of limited liability protection, safeguarding their personal assets from the corporation's debts and obligations, and facilitates raising capital through the issuance of stock. In Florida, Domestic Profit Corporations are governed by Title XXXVI, Chapter 607, Florida Statutes – Florida Business Corporation Act. |
| Status: |
Inactive
The business entity is inactive. This status may signal operational issues or voluntary closure, raising concerns about the business's ability to repay loans and requiring careful risk assessment by lenders. |
| Date Filed: | 02 Feb 1972 (53 years ago) |
| Date of dissolution: | 21 Oct 1974 (51 years ago) |
| Last Event: | EVENT CONVERTED TO NOTES |
| Event Date Filed: | 21 Oct 1974 (51 years ago) |
| Document Number: | 395217 |
| FEI/EIN Number |
000000000
Federal Employer Identification (FEI) Number assigned by the IRS. |
| Address: | 2205 - 14TH AVENUE, VERO BCH, FL |
| Mail Address: | 2205 - 14TH AVENUE, VERO BCH, FL |
| Place of Formation: | FLORIDA |
| Name | Role | Address |
|---|---|---|
| SMITH, SHERMAN, III | Director | 2205 - 14TH AVE., VERO BCH, FL |
| LANDON, DIANA L. | Director | 2205 - 14TH AVE., VERO BCH, FL |
| O'HAIRE, MICHAEL | Agent | 2205 - 14TH AVENUE, VERO BCH, FL |
| Event Type | Filed Date | Value | Description |
|---|---|---|---|
| EVENT CONVERTED TO NOTES | 1974-10-21 | - | - |
Date of last update: 02 Apr 2025
Sources: Florida Department of State
