Certificates of Good Standing

After an entity (either a business corporation, limited liability company or non-profit corporation) is formed, there is often a need to obtain a document which certifies that the entity is: a) still in existence; b) is up to date on its annual reports and franchise taxes; c) up to date on all of its statutory and administrative requirements.

That document is known as a Certificate of Good Standing (sometimes referred to as a Certificate of Existence or a Certificate of Status, depending upon the state). A Certificate of Good Standing is exactly what it sounds like. Continue reading “Certificates of Good Standing”