| Entity Name: | RED SEA ROYALTY, INC. |
| Jurisdiction: | FLORIDA |
| Filing Type: |
Domestic Profit
RED SEA ROYALTY, 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: | 28 Apr 1997 (28 years ago) |
| Date of dissolution: | 16 Oct 1998 (27 years ago) |
| Last Event: | ADMIN DISSOLUTION FOR ANNUAL REPORT |
| Event Date Filed: | 16 Oct 1998 (27 years ago) |
| Document Number: | P97000037822 |
| Address: | 1120 EMERALD BAY DRIVE, DESTIN, FL, 32541 |
| Mail Address: | P.O. BOX 6129, DESTIN, FL, 32540 |
| ZIP code: | 32541 |
| County: | Okaloosa |
| Place of Formation: | FLORIDA |
| Name | Role | Address |
|---|---|---|
| YOUNG THOMAS W | Agent | 1120 EMERALD BAY DRIVE, DESTIN, FL, 32541 |
| Event Type | Filed Date | Value | Description |
|---|---|---|---|
| ADMIN DISSOLUTION FOR ANNUAL REPORT | 1998-10-16 | - | - |
| Name | Date |
|---|---|
| Domestic Profit Articles | 1997-04-28 |
Date of last update: 01 Apr 2025
Sources: Florida Department of State
