| Entity Name: | PALM AREA DEVELOPMENT, INC. |
| Jurisdiction: | FLORIDA |
| Filing Type: |
Domestic Profit
PALM AREA 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: | 16 Aug 1983 (42 years ago) |
| Date of dissolution: | 01 Nov 1985 (39 years ago) |
| Last Event: | INVOLUNTARILY DISSOLVED |
| Event Date Filed: | 01 Nov 1985 (39 years ago) |
| Document Number: | G55312 |
| FEI/EIN Number |
042796814
Federal Employer Identification (FEI) Number assigned by the IRS. |
| Address: | THREE FENWOOD COURT, PALM COAST, FL, 32801 |
| Mail Address: | THREE FENWOOD COURT, PALM COAST, FL, 32801 |
| ZIP code: | 32801 |
| County: | Orange |
| Place of Formation: | FLORIDA |
| Name | Role | Address |
|---|---|---|
| BELSTTO, DONALD | President | 12 STRATTON RD, GRAFTON, MA 00000 |
| BELSTTO, DONALD | Director | 12 STRATTON RD, GRAFTON, MA 00000 |
| PLAERDO DE FRANCESCO | Treasurer | 61 WEITWOOD RD, SHREWSBURY, MA 00000 |
| PLAERDO DE FRANCESCO | Director | 61 WEITWOOD RD, SHREWSBURY, MA 00000 |
| TESTA, A. ANGELO | Vice President | 3 FENWOOD COURT, PALM COAST, FL 0 |
| TESTA, A. ANGELO | Director | 3 FENWOOD COURT, PALM COAST, FL 0 |
| GAY, FRANCIS V. | Agent | 16 SOUTH MAGNOLIA AVE., ORLANDO, FL, 32801 |
| Event Type | Filed Date | Value | Description |
|---|---|---|---|
| INVOLUNTARILY DISSOLVED | 1985-11-01 | - | - |
Date of last update: 01 Apr 2025
Sources: Florida Department of State
