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Protecting corporate assets
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Julian DeCroix
Socialist Death Panel
#1 - 2014-08-18 16:33:48 UTC
Let me preface by saying that I would have preferred to post this in the CAOD section, but I apparently can not post there.
Now, to my actual issue:
A couple of RL friends of mine and I started a small corp a few years back. We bumped around space a while, made some stuff, sold some stuff, shot at stuff, blew up, etc. Eventually, we started getting bored and letting subscriptions lapse. At this point, I am the last of us still playing; my subscription will soon expire and I intend not to renew at this time. How can I best close out my account so that as much of the collective corp holdings are still available should any of us decide to resub in the future? Should I transfer all corp goods and funds to my account, and just be willing to drop the $15 to move it all over to someone else should they want to give EVE another run? If I let it all sit as is, will our offices' rental fees continue to be paid out of the corp wallet until it is depleted, even though there are no active members? Will other corp members be able to reinstate the corp and retrieve assets from impound a year from now? Will I?
Basically, how does closing down a corp work, and how can I best make sure it doesn't all just go away?
Thanks.
Frostys Virpio
State War Academy
Caldari State
#2 - 2014-08-18 16:37:06 UTC
Julian DeCroix wrote:
Let me preface by saying that I would have preferred to post this in the CAOD section, but I apparently can not post there.
Now, to my actual issue:
A couple of RL friends of mine and I started a small corp a few years back. We bumped around space a while, made some stuff, sold some stuff, shot at stuff, blew up, etc. Eventually, we started getting bored and letting subscriptions lapse. At this point, I am the last of us still playing; my subscription will soon expire and I intend not to renew at this time. How can I best close out my account so that as much of the collective corp holdings are still available should any of us decide to resub in the future? Should I transfer all corp goods and funds to my account, and just be willing to drop the $15 to move it all over to someone else should they want to give EVE another run? If I let it all sit as is, will our offices' rental fees continue to be paid out of the corp wallet until it is depleted, even though there are no active members? Will other corp members be able to reinstate the corp and retrieve assets from impound a year from now? Will I?
Basically, how does closing down a corp work, and how can I best make sure it doesn't all just go away?
Thanks.


Put everything in corp hangar, leave the player in the corp even if they are unsubbed, give full access to the hangar.

I know it's a lot of problem so if you want it in an easier way, contract me the stuff and send me an EVE mail with the name of the characters that were in your corp. I will watch list them and give them the stuff if they ever appear.
De'Veldrin
Republic University
Minmatar Republic
#3 - 2014-08-18 16:40:00 UTC
Your best bet is to liquidate it all at a reasonably fair price, distribute the ISK equally among the "partners" and be done with it.

Another option is you can take it all, contract it back to corporation, accept the contract for the corporation, and then leave it in the maket deliveries hangar (unrent the office at the station). Anyone with director access can take things from Market Deliveries (and see them in the corporate assets tab), so if any of them come back before you they will be able to retreive it.

If you don't want to do either of them, you can leave it in a corporate hangar, give the other guys Director roles (if they don't already have it) and they'll be able to get it out of impoud when they come back (assuming they have enough ISK to pay the imound fee).

Your final option is as you described - take it all and be ready to resub if they want their stuff.

De'Veldrin's Corollary (to Malcanis' Law): Any idea that seeks to limit the ability of a large nullsec bloc to do something in the name of allowing more small groups into sov null will inevitably make it that much harder for small groups to enter sov null.
BLACK-STAR
#4 - 2014-08-18 16:44:29 UTC
Do not surrender your account info or trust anyone your account data, never. Not even the post above ^ never trust them.

Retire your corp if you're done with the game or simply don't forget your login details.
Julian DeCroix
Socialist Death Panel
#5 - 2014-08-18 17:06:52 UTC
De'Veldrin wrote:
Your best bet is to liquidate it all at a reasonably fair price, distribute the ISK equally among the "partners" and be done with it.

Another option is you can take it all, contract it back to corporation, accept the contract for the corporation, and then leave it in the maket deliveries hangar (unrent the office at the station). Anyone with director access can take things from Market Deliveries (and see them in the corporate assets tab), so if any of them come back before you they will be able to retreive it.

If you don't want to do either of them, you can leave it in a corporate hangar, give the other guys Director roles (if they don't already have it) and they'll be able to get it out of impoud when they come back (assuming they have enough ISK to pay the imound fee).

Your final option is as you described - take it all and be ready to resub if they want their stuff.


So if I contract everything back to the corp, it'll all sit in Market Deliveries where it can be retrieved later at no cost (other than renewing the office space?), whereas leaving it all alone will eventually put our assets in impound, from whence they could still be retrieved but at a price? What do impound prices look like, anyway? I mean, are we talking a few thousand ISK or a few billion? Is it a percentage of the value of the items, perhaps modified by the length of time in impound?

Thanks, I appreciate the help.
Serene Repose
#6 - 2014-08-18 17:15:25 UTC
Smart move.

We must accommodate the idiocracy.
Jonah Gravenstein
Machiavellian Space Bastards
#7 - 2014-08-18 17:20:59 UTC  |  Edited by: Jonah Gravenstein
Julian DeCroix wrote:
So if I contract everything back to the corp, it'll all sit in Market Deliveries where it can be retrieved later at no cost (other than renewing the office space?)
You won't even have to renew the office space tbh, it's not actually needed unless you want or need a corporate hanger, with only one corp member subbed there's no need for it.

In the beginning there was nothing, which exploded.

New Player FAQ

Feyd's Survival Pack
DaReaper
Net 7
Cannon.Fodder
#8 - 2014-08-18 17:22:00 UTC
As said, either a corp contract where it will sit to be grabbed later

put some money into the corp account, set it to auto pay bills, rent a cheap office and put all the assets in hanger 1 then give access to said hanger to all members you want to have access.

liquidate all assets and distribute the money.


contract Is prolly cheapest and easyist. I don't recommend biomassing, you may want to return to eve in a few months or years, you never know.

OMG Comet Mining idea!!! Comet Mining!

Eve For life.
De'Veldrin
Republic University
Minmatar Republic
#9 - 2014-08-18 17:23:33 UTC
Julian DeCroix wrote:
De'Veldrin wrote:
Your best bet is to liquidate it all at a reasonably fair price, distribute the ISK equally among the "partners" and be done with it.

Another option is you can take it all, contract it back to corporation, accept the contract for the corporation, and then leave it in the maket deliveries hangar (unrent the office at the station). Anyone with director access can take things from Market Deliveries (and see them in the corporate assets tab), so if any of them come back before you they will be able to retreive it.

If you don't want to do either of them, you can leave it in a corporate hangar, give the other guys Director roles (if they don't already have it) and they'll be able to get it out of impoud when they come back (assuming they have enough ISK to pay the imound fee).

Your final option is as you described - take it all and be ready to resub if they want their stuff.


So if I contract everything back to the corp, it'll all sit in Market Deliveries where it can be retrieved later at no cost (other than renewing the office space?), whereas leaving it all alone will eventually put our assets in impound, from whence they could still be retrieved but at a price? What do impound prices look like, anyway? I mean, are we talking a few thousand ISK or a few billion? Is it a percentage of the value of the items, perhaps modified by the length of time in impound?

Thanks, I appreciate the help.

Impound fees are equal to one month's office rental at the station where they are impounded, IIRC. So if they're impounded somewhere popular, it could be quite a bit.

De'Veldrin's Corollary (to Malcanis' Law): Any idea that seeks to limit the ability of a large nullsec bloc to do something in the name of allowing more small groups into sov null will inevitably make it that much harder for small groups to enter sov null.
Julian DeCroix
Socialist Death Panel
#10 - 2014-08-18 18:04:21 UTC
Alright, so it sounds like I need to make sure all the appropriate people have at least one toon with Director's access, and then I can contract everything back to us and let it sit in Market Deliveries until one of us feels like trying again. Worst case, I let it all sit in the corp hangars - given where our stuff is, even that shouldn't be more than a few million ISK to get out of impound. One last question (and follow-up): if I leave ISK in the corp wallet and leave offices on auto-pay, will the game continue to pay those rental fees even without active corp members until the corp wallet is depleted? Will it empty all wallet divisions, or just the primary?

Thanks to all of you who've answered - you've been a tremendous help. Even the kind soul who was willing to take all the worry off my shoulders and take care of all my corp's stuff for me. ;)
De'Veldrin
Republic University
Minmatar Republic
#11 - 2014-08-18 18:08:17 UTC
Julian DeCroix wrote:
Alright, so it sounds like I need to make sure all the appropriate people have at least one toon with Director's access, and then I can contract everything back to us and let it sit in Market Deliveries until one of us feels like trying again. Worst case, I let it all sit in the corp hangars - given where our stuff is, even that shouldn't be more than a few million ISK to get out of impound. One last question (and follow-up): if I leave ISK in the corp wallet and leave offices on auto-pay, will the game continue to pay those rental fees even without active corp members until the corp wallet is depleted? Will it empty all wallet divisions, or just the primary?

Thanks to all of you who've answered - you've been a tremendous help. Even the kind soul who was willing to take all the worry off my shoulders and take care of all my corp's stuff for me. ;)


Bills are always paid out of the master wallet. So once that's empty, it will stop.

You can also turn off auto pay bills in your wallet settings.

De'Veldrin's Corollary (to Malcanis' Law): Any idea that seeks to limit the ability of a large nullsec bloc to do something in the name of allowing more small groups into sov null will inevitably make it that much harder for small groups to enter sov null.
Rhivre
TarNec
Invisible Exchequer
#12 - 2014-08-18 18:44:26 UTC
We just whack money into the master wallet, and if that runs out, the items are impounded, but can be unlocked when/if someone comes back.

Fluffy Bunny Pic!

Julian DeCroix
Socialist Death Panel
#13 - 2014-08-18 18:48:38 UTC
De'Veldrin wrote:
Bills are always paid out of the master wallet. So once that's empty, it will stop.

You can also turn off auto pay bills in your wallet settings.


But the game doesn't care if there are any active members in the corp, as long as there's money in the wallet (specifically, the master wallet), correct?

So if I want to keep offices, I need to load down the master wallet. If I want to keep corp funds, I need to dump the ISK out of master into other divisions.
Slade Trillgon
Brutor Force Federated
#14 - 2014-08-18 22:14:19 UTC
Your above statement is correct.
Kaarous Aldurald
Black Hydra Consortium.
#15 - 2014-08-18 22:19:13 UTC
I have an alt who does corporate assets guard duty. Contact me and I will get you hooked up.

"Verily, I have often laughed at the weaklings who thought themselves good because they had no claws."

One of ours, ten of theirs.

Best Meltdown Ever.
Ocih
Space Mermaids
#16 - 2014-08-18 22:58:37 UTC
Most bills are automated.

I left for almost 2 years, came back with 150 mill or so less in the corp wallet and all offices and alliance bills paid.

Anything high value like BPOs, put in private storage. If all the people in the corp are RL friends, you can let them know you did this.