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Vermont Statutes Title 11 B. Nonprofit Corporations, § 1.28. Certificate of good standing

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) Any person may apply to the Secretary of State to furnish a certificate of good standing for a domestic or foreign corporation.

(b) The certificate of good standing sets forth:

(1) the domestic corporation's corporate name or the foreign corporation's corporate name used in this State;

(2) that:

(A) the domestic corporation is duly incorporated under the law of this State, the date of its incorporation, and the period of its duration if less than perpetual; or

(B) the foreign corporation is authorized to transact business in this State;

(3) that all fees and penalties owed to this State under section 1.22 of this title have been paid if:

(A) payment is reflected in the records of the Secretary of State; and

(B) nonpayment affects the good standing of the domestic or foreign corporation;

(4) that its most recent biennial report required by section 16.22 of this title has been delivered to the Secretary of State; and

(5) that articles of dissolution have not been filed.

(c) Subject to any qualification stated in the certificate, a certificate of good standing issued by the Secretary of State may be relied upon as conclusive evidence that the domestic or foreign corporation is in existence or is authorized to transact business in this State.

(d) Subject to any qualification stated in the certificate, a certificate of good standing issued by the Secretary of State may be taken as prima facie evidence of the facts stated therein.

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Cite this article: FindLaw.com - Vermont Statutes Title 11 B. Nonprofit Corporations, § 1.28. Certificate of good standing - last updated January 01, 2024 | https://codes.findlaw.com/vt/title-11-b-nonprofit-corporations/vt-st-tit-11b-sect-1-28/

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