Arbornet's dead: http://www.cis.state.mi.us/bcs_corp/dt_corp.asp?id_nbr=700873&name_entity=A RBO RNET LINK COURTESY OF JP@ JAMES PATRICK "JAY" HOWARD46 responses total.
automatic dissolution? what happened, nobody remembered to renew the paperwork?
So, what now?
DON"T LOOK TO ME FOR GUIDANCE< I"M JUST PROPAGATING THE LINK!
It was more of a rhetorical question......
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how can m-net continue to operate given that its corporation, arbornet, was automatically dissolved as of 10/01/03? There is no longer an Arbornet, therefore the board of directors no longer exists as a legal entity. It would seem that mnet's equipment is now owned by whoever physically possesses it. The hardware can't be owned by the members of a company that no longer exists. In fact, if a corporation has been legally dissolved, would they not have been legally required to liquidate all assets before the dissolution date? I don't think the state of Michigan would be happy to see a corporation still functioning after its dissolution date. Couldn't there be fines involved I would think mnet's hardware and operations need to be owned and operated by a 501(3)(c). Perhaps the users of mnet should ask Cyberspace Inc. (Grex) to take over ownership of the hardware and become mnet's new parent company. Surely that is preferable to m-net becoming owned by any single person. But then again, establishing who has the legal right to buy or acquire mnet's properties would seem to be a difficult question to answer until you know who actually owns it now. Arbornet doesn't own it anymore, arbornet doesn't exist anymore.
I'd rather have jp2 own it than Grex! ./
I don't know the legalities, but the questions in #6 definitely need to be addressed. Too bad. Hope m-net doesn't disappear as a result. Regardless of what one may think of m-net's quality over the last few years, we need all the free speech forums we can get.
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I noticed in mnet's policy conf that a board meeting for November was scheduled. They should not have a board meeting, because it would be illegal to do so. Such meetings would be seen by the state as evidence of continuing operation as a company past the date it was legally dissolved. Those who WERE members of the board of Arbornet could get themselves in legal trouble if they met in any official capacity under the circumstances. They would no longer be authorized to sell or give mnet's assets to jp2 or cyberspace inc. or anybody else. I'd suggest a committee of mnet's users be formed, and that committee- claiming to act on behalf of the users of mnet-- can seek legal advice. Also, as arbornet inc. has been dissolved, mnet probably needs to cease using the "arbornet.org" domain name asap. That domain name is registered to the dissolved corporation, and its continued use could be seen by the state as evidence of continued operation of that dissolved corporation. Which would obviously now be illegal. The state could levy fines and/or seize whatver assets are left.
Um, our synagogue failed to file renewal papers for a number of years. I noticed this fact and brought it to the attention of the administration there. Some late fees were paid, and the paperwork brought up to date. So, this is not necessarily a catastrophe for M-Net.
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I agree with polygon and cross. The posting doesn't mean much, but they better get in their reports (and payments). Articles of Incorporation normally list the distribution of assets of a corporation in the event of its dissolution.
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Three years delinquent? No wonder. So, who's paying the co-lo bills?
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Michigan State law sucks.
Richard raced over to M-Net to give us all advice because this story was so exciting to him. Fortunately, it looks like the Arbornet board is taking a slower approach to the oversight. M-Net is still on-line and accessible via the corporate domain, arbornet.org, as it should be. Aside from jp2, richard and between 2 and 8 Canadian teenager clones, no one is much excited over there.
You forgot twinkie. He seems to be raising quite a fuss too. I'm not sure if it's tongue in cheek in his case, though.
The Michigan Resident Agent for a corporation does not have to be an officer or a board member. He/she does not even have to be a "member". However the resident agent *must* be a reliable contact person for the delivery of official material from the State to the corporation.
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Could it be a toaster? A sump pump? A George Foreman grill?
Re #21: It's always hard to tell with him. ;>
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Why'd you put a comma there?
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MI 450.2241 Registered office; resident agent Sec. 241. Each domestic corporation and each foreign corporation authorized to conduct affairs in this state shall have and continuously maintain in this state: (a) A registered office which may be the same as its place of business. (b) A resident agent, which agent may be either an individual resident in this state whose business office is identical with the corporation's registered office, a domestic or domestic business corporation, or a foreign or foreign business corporation authorized to conduct affairs or transact business in this state and having a business office identical with the corporation's registered office.
So, Cyberspace could be Arbornet's resident agent?
Looks like it. Or General Motors. Or Meijers Shifty Acres.
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;)
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For a moment I read that as 'defective agency', which might be appropriate.
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All Arbornet has to do is pay a late fee. Shrug.
Seems unfair even.
Just wait until the shareholders find out.... I'm sure this will eclipse Worldcom and Enron. I'm sure NETI is involved somehow. Hard to believe that this hasn't yet been reported to the SEC. Dammmit. Is Arbornet's pension plan secure or should I start worrying?!
If you have to ask, then it's too late for worrying.
What are you saying?! Up to now the Board kept telling me that I couldn't collect until age 60 or so....
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re 39 Too many abbreviations!
ask mdw ... neti== ????
omg, one time I was fucking this whore and she DISSOLVED when I was done.
Was she a kleenex?
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