| Entity Name: | PANAMA RACEWAY PARK, INC. |
| Jurisdiction: | FLORIDA |
| Filing Type: |
Domestic Profit
PANAMA RACEWAY PARK, 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: | 08 Sep 1993 (32 years ago) |
| Date of dissolution: | 25 Aug 1995 (30 years ago) |
| Last Event: | ADMIN DISSOLUTION FOR ANNUAL REPORT |
| Event Date Filed: | 25 Aug 1995 (30 years ago) |
| Document Number: | P93000063979 |
| FEI/EIN Number |
APPLIED FOR
Federal Employer Identification (FEI) Number assigned by the IRS. |
| Address: | P.O. BOX 1973, SANTA ROSA BEACH, FL, 32459 |
| Mail Address: | P.O. BOX 1973, SANTA ROSA BEACH, FL, 32459 |
| ZIP code: | 32459 |
| County: | Walton |
| Place of Formation: | FLORIDA |
| Name | Role | Address |
|---|---|---|
| STANFORD LUTHER E | President | 6215 JOHN PITTS ROAD, PANAMA CITY, FL, 32405 |
| BOUTWELL WALTER H | Secretary | 201 W. 17TH ST., LYNN HAVEN, FL, 32444 |
| BOUTWELL WALTER H | Treasurer | 201 W. 17TH ST., LYNN HAVEN, FL, 32444 |
| STANFORD LUTHER E | Agent | 6215 JOHN PITTS ROAD, PANAMA CITY, FL, 32405 |
| Event Type | Filed Date | Value | Description |
|---|---|---|---|
| ADMIN DISSOLUTION FOR ANNUAL REPORT | 1995-08-25 | - | - |
| AMENDMENT AND NAME CHANGE | 1994-12-07 | PANAMA RACEWAY PARK, INC. | - |
| CHANGE OF PRINCIPAL ADDRESS | 1994-12-07 | P.O. BOX 1973, SANTA ROSA BEACH, FL 32459 | - |
| CHANGE OF MAILING ADDRESS | 1994-12-07 | P.O. BOX 1973, SANTA ROSA BEACH, FL 32459 | - |
Date of last update: 03 Apr 2025
Sources: Florida Department of State
