| Entity Name: | SAILS DEVELOPMENT, INC. |
| Jurisdiction: | FLORIDA |
| Filing Type: |
Domestic Profit
SAILS 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: | 10 Jun 1988 (37 years ago) |
| Date of dissolution: | 26 Aug 1994 (31 years ago) |
| Last Event: | ADMIN DISSOLUTION FOR ANNUAL REPORT |
| Event Date Filed: | 26 Aug 1994 (31 years ago) |
| Document Number: | M84850 |
| FEI/EIN Number |
NOT APPLICABLE
Federal Employer Identification (FEI) Number assigned by the IRS. |
| Address: | C/O R. CARLTON WARD, 1253 PARK STREET, CLEARWATER, FL, 34616 |
| Mail Address: | C/O R. CARLTON WARD, 1253 PARK STREET, CLEARWATER, FL, 34616 |
| Place of Formation: | FLORIDA |
| Name | Role | Address |
|---|---|---|
| OTTE, JOHN A., SR. | Director | 667 BAY ESPLANADE, CLEARWATER, FL |
| OTTE, JOHN A., JR. | Director | 667 BAY ESPLANADE, CLEARWATER, FL |
| WARD, R. CARLTON | Agent | 1253 PARK ST., CLEARWATER, FL, 34616 |
| Event Type | Filed Date | Value | Description |
|---|---|---|---|
| ADMIN DISSOLUTION FOR ANNUAL REPORT | 1994-08-26 | - | - |
Date of last update: 01 Jun 2025
Sources: Florida Department of State
