| Entity Name: | BUDGET LUXURY INNS OF PANAMA CITY INC |
| Jurisdiction: | FLORIDA |
| Filing Type: |
Domestic Profit
BUDGET LUXURY INNS OF PANAMA CITY 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: | 15 Aug 1973 (52 years ago) |
| Date of dissolution: | 16 Feb 1978 (47 years ago) |
| Last Event: | MERGER |
| Event Date Filed: | 16 Feb 1978 (47 years ago) |
| Document Number: | 432877 |
| FEI/EIN Number |
591482334
Federal Employer Identification (FEI) Number assigned by the IRS. |
| Address: | 2520 NORTH MONROE STREET, TALLAHASSEE, FL, 32303 |
| Mail Address: | 2520 NORTH MONROE STREET, TALLAHASSEE, FL, 32303 |
| ZIP code: | 32303 |
| County: | Leon |
| Place of Formation: | FLORIDA |
| Name | Role | Address |
|---|---|---|
| RYALS JR,ROBERT C | President | 2520 N. MONROE ST., TALLAHASSEE, FL |
| RYALS JR,ROBERT C | Director | 2520 N. MONROE ST., TALLAHASSEE, FL |
| STEINMEYER, F. E. III | Secretary | 122 SOUTH CALHOUN ST., TALLAHASSEE, FL |
| RYALS (ROBERT C JR) | Agent | 2520 N. MONROE STREET, TALLAHASSEE, FL, 32303 |
| Event Type | Filed Date | Value | Description |
|---|---|---|---|
| MERGER | 1978-02-16 | - | MERGING INTO: 432879 |
Date of last update: 02 Apr 2025
Sources: Florida Department of State
