Given the circumstance that a company has gone out of business. Can anyone tell me if the company can be dessolving with opened accounts under the company name.

Examples: Company vehicle lease now being paid through personal account, pending vendor accounts in collection.

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Florida law is specific on the process to wind down your business. There are a few differences between Corporations (Inc.) and Limitied Liability Companies (LLC).

If you fail to properly wind down the business operations, you could carry additional liability post-dissolution. Additionally, you should know that generally for 3 years you are a "trustee" as a board of director member or officer for business activies post closing (service of any lawsuit will be on you and you need to maintain the key records).

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Paul K. Silverberg, Esq.