| Entity Name: | MAGNOLIA BASIN DEVELOPERS CORPORATION, INC. |
| Jurisdiction: | FLORIDA |
| Filing Type: |
Domestic Profit
MAGNOLIA BASIN DEVELOPERS CORPORATION, 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: | 14 May 1981 (44 years ago) |
| Date of dissolution: | 10 Nov 1983 (41 years ago) |
| Last Event: | INVOLUNTARILY DISSOLVED |
| Event Date Filed: | 10 Nov 1983 (41 years ago) |
| Document Number: | F34964 |
| FEI/EIN Number |
000000000
Federal Employer Identification (FEI) Number assigned by the IRS. |
| Address: | RT 1, BOX 967-D, PENSACOLA, FL, 32507 |
| Mail Address: | RT 1, BOX 967-D, PENSACOLA, FL, 32507 |
| ZIP code: | 32507 |
| County: | Escambia |
| Place of Formation: | FLORIDA |
| Name | Role | Address |
|---|---|---|
| LAWRENCE, PAUL T | Director | RT 1 BOX 874, PENSACOLA, FL 00000 |
| LAWRENCE, PAUL T | President | RT 1 BOX 874, PENSACOLA, FL 00000 |
| LAWRENCE, SYLVIA G | Director | RT 1 BOX 874, PENSACOLA, FL 00000 |
| GREEN, WILLIAM J | Agent | 418 N PALAFOX ST, PENSACOLA, FL, 32574 |
| Event Type | Filed Date | Value | Description |
|---|---|---|---|
| INVOLUNTARILY DISSOLVED | 1983-11-10 | - | - |
| CHANGE OF PRINCIPAL ADDRESS | 1982-05-18 | RT 1, BOX 967-D, PENSACOLA, FL 32507 | - |
| CHANGE OF MAILING ADDRESS | 1982-05-18 | RT 1, BOX 967-D, PENSACOLA, FL 32507 | - |
Date of last update: 02 Apr 2025
Sources: Florida Department of State
