Ongoing Qash

[PetitRenard_]

Registered Name of Company: Qash
Name of the In-Game Company: Qash
Formation Instrument: Certificate of Incorporation
Ongoing Court Cases: N/A
Ongoing Enforcement Actions:

• Placed under receivership on 28 March 2026.
• Receivership terminated on 15 June 2026.

Directors of Incorporated Entity:

• Federal Reserve Bank (Initial Director)

Officers of Incorporated Entity:

• PetitRenard_ (Chief Executive Officer)

Share Register:

Class A Common Stock
Total Authorised Shares: 100
Total Outstanding Shares: 100
Par Value: $1.00 per share

Shareholder	Share Class	Number of Shares	Ownership Percentage
Federal Reserve Bank	Class A Common	100	100%

 

[ElysiaCrynn]

Hello! Unfortunately you must register your business first here.

 

[PetitRenard_]

Oops that's my bad ! Will do so

 

[PetitRenard_]

@Darklander

 

[Darklander]

@Darklander

Noted!

 

[gribble19]

Hello!

Interest based LLC's must be converted to a corporation within 30 days of the passage of the new Legal Entity Act in order to be in compliance with the aforementioned act.

Please also ensure that your Incorporated Entity Summary (the first post in this thread) has all the information that is required by this act. You can see an overview of the required information here.

~ Compliance Officer Gribble19

 

[EATB]

Hello!

Interest based LLC's must be converted to a corporation within 30 days of the passage of the new Legal Entity Act in order to be in compliance with the aforementioned act.

Please also ensure that your Incorporated Entity Summary (the first post in this thread) has all the information that is required by this act. You can see an overview of the required information here.

~ Compliance Officer Gribble19

Any updates @PetitRenard_ ?

 

[PetitRenard_]

Any updates @PetitRenard_ ?

Hi ! Waiting on Talion & Partners to update all this

 

[EATB]

NOTICE OF RECEIVERSHIP

On 15 February 2026, Compliance Officer Gribble19 provided a notice to this entity that under Part VIII, Section 1(1) of the Legal Entity Act (LEA), all interest-based LLCs were required to convert to a Corporation within 30 days of the Act's passage. As this entity has failed to convert within the statutory deadline, pursuant to Part VIII, Section 1(1)(b) of the LEA, this legal entity is hereby placed under Receivership, with the Department of Commerce (DOC) acting as the sole Receiver.

Pursuant to Part I, Section 3(3) of the LEA, the DOC now assumes all powers of the directors, managers, and members of this entity.

- Deputy Secretary of Commerce EATB, Acting on behalf of the Receiver.

 

[EATB]

Certificate amended by the Receiver and Company converted to Qash, a Corporation.

TERMINATION OF RECEIVERSHIP

On 15 February 2026, Qash was placed under Receivership by the Department of Commerce (DOC) pursuant to Part VIII, Section 1(1)(b) of the Legal Entity Act for failing to convert from an interest-based LLC to a Corporation within the statutory deadline.

The Department of Commerce has received and approved the attached Certificate of Incorporation for Qash. As the entity has now successfully completed its mandatory conversion to a Corporation, the statutory requirements set forth in Part VIII, Section 1(1) of the Legal Entity Act have been satisfied.

Therefore, pursuant to the completion of this conversion, the Department of Commerce hereby terminates the Receivership of Qash. The DOC officially relinquishes all powers of the directors, managers, officers, and shareholders previously assumed under Part I, Section 3(3) of the LEA.

Effective immediately, full operational control, voting power, and management authority of the Corporation are restored and vested in the parties outlined in the approved Certificate of Incorporation:
Shareholders: The Federal Reserve Bank (100% Ownership)
Board of Directors: The Federal Reserve Bank (Initial Director)
Officers: PetitRenard_ (Initial CEO)

 

[EATB]

Signed by the DOC Secretary or their delegate, company docket continues below.

 

[Dept. Commerce]

Registered name: Qash
Register number: DOC-CO-0146
Entity form: corporation
In-game company: Qash
Nature of business: Qash is established to design, develop and operate financial technology and payment infrastructure, including clearing systems, digital settlement networks, and related financial software, for the economy of Redmont and its member institutions.
Directors, managers and general partners: PetitRenard_ (Chief Executive Officer), Federal Reserve Bank (Director)
Share classes: Class A Common (100 authorised, par R$1.00)
Share register: Federal Reserve Bank: 100 Class A Common
Formation instrument: https://api.deptcommerce.duckdns.or...e269b7e0642938755a925df16d490de1ca0e4de84.pdf

This thread mirrors the official Company Docket. The authoritative record is the DOC portal: DOC-CO-0146 · 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/33000/

 

[Dept. Commerce]

Continued under RCEA s85: Qash (DOC-CO-0146)
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)) and it need not refile or restate them (s85(5)); the pre-portal record is the Company Docket thread: https://www.democracycraft.net/threads/33000/

PROFILE INCOMPLETE: the Entity Profile must state the entity's registers (RCEA s17(2), s85(5)); the Department allows until Thu, 12 Nov 2026 03:27:36 GMT to complete them via the DOC portal.

Document: https://api.deptcommerce.duckdns.or...e269b7e0642938755a925df16d490de1ca0e4de84.pdf

 

[Dept. Commerce]

Registered as a financial institution: DOC-FI-0027 (Custody and Payment Institution)
licence · filed by edwardcul1en

Continued from the pre-portal FI register (RCFA transition); original filing: https://www.democracycraft.net/threads/29382/

Financial institution: Qash (DOC-FI-0027).