Ongoing Meridian Bank

Stoppers

Stoppers

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Stoppers
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Username: Stoppers

Registered name of the company: Meridian Bank

Name of the in-game company: MeridianBank

Directors of the Incorporated Entity:
Stoppers — Chairperson of the Board of Directors

Officers of the Incorporated Entity and their title:
Stoppers — Chief Executive Officer (CEO)

Share or member register:
Class: Common Shares
Authorized: 1,000,000
Par Value: $0.01 per share
Issued & Outstanding: 1,000,000
Shareholder: Stoppers (Holding: 100%)

Any ongoing court cases:
None.

Any ongoing enforcement actions:
None.

Latest version of the formation instrument:
File(s) attached
 

Attachments

This is an official DOC enforcement notice. Meridian Bank have missed filings for their last report (June). The July report is due tomorrow.

Per BITA Part IV Section 22(1) and (2), late filings cause Meridian Bank to be liable for a penalty of $2.500 per day for their first missed report, and $5.000 per day for repeat failure. At time of writing Meridian Bank are liable for $75.000 in late filing penalties as seen from the attachment.

The DOC is willing to provide Meridian Bank a cure period of 7 days, with the possibility of extension given a valid reason. If not cured or no response has been received in 7 days, the department will consider escalating FIEA enforcement, such as freeze orders, receivership and referral to the DOJ for criminal prosecution.

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edwardcul1en said:
This is an official DOC enforcement notice. Meridian Bank have missed filings for their last report (June). The July report is due tomorrow.

Per BITA Part IV Section 22(1) and (2), late filings cause Meridian Bank to be liable for a penalty of $2.500 per day for their first missed report, and $5.000 per day for repeat failure. At time of writing Meridian Bank are liable for $75.000 in late filing penalties as seen from the attachment.

The DOC is willing to provide Meridian Bank a cure period of 7 days, with the possibility of extension given a valid reason. If not cured or no response has been received in 7 days, the department will consider escalating FIEA enforcement, such as freeze orders, receivership and referral to the DOJ for criminal prosecution.

View attachment 97204
Click to expand...
Acknowledged. Thank you for the notice and the 7-day cure period.

The missing June, July, and August financial statements (balance sheet and income statement for each period) are now filed in the Financial Institution Reporting thread here. June was submitted first per the Department's stated priority, with July and August following.

Happy to provide any additional detail or clarification the Department needs to process these and close this out.

- Stoppers, Meridian Bank
 
Registered name: Meridian Bank
Register number: DOC-CO-0122
Entity form: corporation
In-game company: MeridianBank
Nature of business: Meridian Bank is a registered Commercial Bank under the Commercial Standards Act of the Commonwealth of Redmont. Its primary business activities include accepting and managing customer deposits (including interest-bearing accounts), originating and servicing loans, payment and settlement infrastruct
Formation instrument: Formed on the Standard Form (RCEA s17(5))
Directors, managers and general partners: Stoppers (Chief Executive Officer (CEO)), Stoppers (Chairperson of the Board of Directors)
Share classes: Common Shares (1,000,000 authorised, par R$0.01)
Share register: Stoppers: 1,000,000 Common Shares
In-game company owner (RCEA s8(2)): Stoppers
Legal correspondence designee: joshthenerd (accepted)
Instrument document: https://api.deptcommerce.duckdns.or...08efd73a121579453cea7cded89391d9f7b785ab9.pdf

This thread mirrors the official Company Docket. The authoritative record is the DOC portal: DOC-CO-0122 · Company Register · DOC Redmont
Docket entries are posted below as they are filed (RCEA s15(3): the docket is append-only and permanent).

Continued under RCEA s85 from the pre-portal record: https://www.democracycraft.net/threads/38291/
 
Continued under RCEA s85: Meridian Bank (DOC-CO-0122)
certificate record · filed by edwardcul1en

This entity existed under the repealed Legal Entity Act and continues under the RCEA as a corporation (s85(1)). Its original filings remain valid (s85(4)); the pre-portal record is the Company Docket thread: https://www.democracycraft.net/threads/38291/

PROFILE INCOMPLETE: the entity must complete its registers via the DOC portal (s85(5), s17).
 
In-game company owner recorded: Stoppers
profile change · filed by joshthenerd

The in-game company MeridianBank is owned by Stoppers. Owning the in-game company does not of itself make a person an interest holder or agent of the entity (RCEA s8(3)).
 
Correspondence designee named: joshthenerd
profile change · filed by joshthenerd

joshthenerd is designated to receive legal correspondence (RCEA s17(3)). Summons go to them only once they accept the designation (s13(1)(a)).
 
Correspondence designation accepted: joshthenerd
profile change · filed by joshthenerd

joshthenerd accepts the designation to receive legal correspondence; a summons of the entity is addressed to them first (RCEA s13(1)(a)).
 
Formation instrument amendment accepted: Meridian Bank
amendment · filed by edwardcul1en

Restatement of the Certificate of Incorporation to reflect the repeal of the Legal Entity Act, the Commercial Standards Act and the Banking Income Tax Act, and their replacement by the Redmont Corporate Entities Act and the Redmont Commerce and Finance Act. Articles 7, 8, 9, 10, 11, 12, 15 and 16 altered; Articles 9.5 and 12.4 created; no provisions removed. Article 2 corrected to state the in-game company name as registered.

Adopted on 2026-09-29 (RCEA s15(9)).

Exit strategies not included, default provisions apply.

Electronically signed by edwardcul1en as delegate of the Commerce Secretary

Document: https://api.deptcommerce.duckdns.or...08efd73a121579453cea7cded89391d9f7b785ab9.pdf
 

Attachments

Licence status changed: registered to conditioned (licence action #7)
licence · filed by edwardcul1en

Ground: Conditions attached on notice (RCFA s16(4))
Conduct concerned: Capital requirement
Basis: Plan approved on 10/02/2026, requirement must be met by December 11, 2026.
Conditions of registration: Plan approved, requirement must be met by December 11, 2026

The institution may appeal within 7 days of service to the Commerce Secretary or a designated officer not involved in the decision (RCFA s54(2)). The action stays in force during an appeal unless stayed (RCFA s54(4)).

Electronically signed by edwardcul1en as delegate of the Commerce Secretary

Financial institution: Meridian Bank (DOC-FI-0024).
 
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