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Asked in CA May 26, 2022 ,  0 answers Visitors: 2

Personal Assets

Can the California Franchise Tax Board go after the personal assets of a President or officers of a California for unpaid registration fees or state fees?

Specifically, can the FTB put a levy or lien on personal properties of the Pres, VP or other officers (eg. home, cars, IRAs, 401Ks)? Can FTB garnish the wages of said officers if employed elsewhere?

Data From  LAWGURU_Question

2 Answers

Anonymous
Reply

Posted on / Apr. 18, 2008 14:26:00

Re: Personal Assets

Are you sure that it is the FTB and not the Department of Corporations? You should call both to see what their policy is, but I assume it is probably just to drop your corporation as being registered.

Anonymous
Reply

Posted on / Apr. 18, 2008 14:26:00

Re: Personal Assets

Are you sure that it is the FTB and not the Department of Corporations? You should call both to see what their policy is, but I assume it is probably just to drop your corporation as being registered.

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