Arizona Laws 10-128. Certificate of good standing
A. A person may apply to the commission to furnish a certificate of good standing for a domestic or foreign corporation.
Terms Used In Arizona Laws 10-128
- Commission: means the Arizona corporation commission. See Arizona Laws 10-140
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- domestic corporation: means a corporation for profit that is not a foreign corporation and that is incorporated under or subject to chapters 1 through 17 of this title. See Arizona Laws 10-140
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Filing: means the commission completing the following procedure with respect to any document delivered for that purpose:
(a) Determining that the filing fee requirements of section 10-122 have been satisfied. See Arizona Laws 10-140
- Foreign corporation: means a corporation for profit that is incorporated under a law other than the law of this state. See Arizona Laws 10-140
- Person: includes an individual and entity. See Arizona Laws 10-140
B. A certificate of good standing sets forth all of the following:
1. The domestic corporation‘s corporate name or the foreign corporation‘s corporate name used in this state.
2. That either:
(a) The domestic corporation is incorporated under the laws of this state and the date of its incorporation.
(b) The foreign corporation is authorized to transact business in this state.
3. That all affidavits and annual reports required before the date of the certificate have been filed with the commission.
4. That all annual filing fees due before the date of the certificate have been paid.
5. That, according to the records of the commission, the corporation is in good standing in this state.
C. Subject to any qualification stated in the certificate, a certificate of good standing issued by the commission may be relied on as conclusive evidence of the matters stated in the certificate.