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  1. #1
    Join Date
    Jul 2019
    Location
    Los Angeles, CA
    Posts
    10

    Default Received Check Payable to My Dissolved Company

    My question involves business law in the state of: California
    I received a $50 check payable to my old S-corporation that I dissolved a few years ago. It's one of these class action cases regarding over billing of a phone bill or something like that.
    How do I go about cashing it? Do I need to get the claims administrator to make it payable to my name or do I need to convince my bank (where I deposit it at) that this is my old company? I was the sole owner (sole person on the board of directors, CEO, etc). Dissolved without owing any debts or anything like that.

  2. #2
    Join Date
    Jul 2018
    Posts
    2,364

    Default Re: Received Check Payable to My Dissolved Company

    Your question doesn't really raise any legal issue. You can try to do the things you mentioned, but neither the claims admin nor the bank are obligated to do as you request.

  3. #3
    Join Date
    Mar 2013
    Posts
    17,940

    Default Re: Received Check Payable to My Dissolved Company

    Practical advice, not legal advice, and you do it at your own risk.

    Endorse the check as Pres, then endorse it as yourself, deposit it in your personal checking account through the ATM.

    If it works, it works. If it doesn't, it doesn't. For 50 bucks the risk is minimal.

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