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Old 08-04-2014, 01:25 PM  
hottoddy
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Join Date: Oct 2002
Location: PacNorWest
Posts: 3,048
By statute in most states, the effect an LLC going inactive is dissolution. Assets of the LLC would simply revert back to owners personally. It would be easy to establish personal ownership in court. Only way dude loses is if he completely rolls over and gives it away - which is often the case with worthless crap.
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