| Entity Name: | MAGNA DEVELOPMENT CORPORATION |
| Jurisdiction: | FLORIDA |
| Filing Type: |
Domestic Profit
MAGNA DEVELOPMENT CORPORATION 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: | 24 Feb 1993 (32 years ago) |
| Date of dissolution: | 13 Apr 1994 (31 years ago) |
| Last Event: | VOLUNTARY DISSOLUTION |
| Event Date Filed: | 13 Apr 1994 (31 years ago) |
| Document Number: | P93000014025 |
| Address: | 1375 PARK LAKE DRIVE, NAPLES, FL, 33942 |
| Mail Address: | 1375 PARK LAKE DRIVE, NAPLES, FL, 33942 |
| Place of Formation: | FLORIDA |
| Name | Role | Address |
|---|---|---|
| WATT STEVEN | Director | 1375 PARK LAKE DR., NAPLES, FL, 33942 |
| WATT STEVEN | President | 1375 PARK LAKE DR., NAPLES, FL, 33942 |
| WATT STEVEN | Treasurer | 1375 PARK LAKE DR., NAPLES, FL, 33942 |
| WILSON LEIGH | Vice President | 1375 PARK LAKE DR., NAPLES, FL, 33942 |
| WILSON LEIGH | Secretary | 1375 PARK LAKE DR., NAPLES, FL, 33942 |
| DAGLE ROBERT | Vice President | 1375 PARK LAKE DR., NAPLES, FL, 33942 |
| WATT STEVEN | Agent | 1375 PARK LAKE DRIVE, NAPLES, FL, 33942 |
| Event Type | Filed Date | Value | Description |
|---|---|---|---|
| VOLUNTARY DISSOLUTION | 1994-04-13 | - | - |
| REGISTERED AGENT NAME CHANGED | 1993-03-26 | WATT, STEVEN | - |
| REGISTERED AGENT ADDRESS CHANGED | 1993-03-26 | 1375 PARK LAKE DRIVE, NAPLES, FL 33942 | - |
Date of last update: 02 Apr 2025
Sources: Florida Department of State
