Vermont Statutes Title 11 Sec. 206
Terms Used In Vermont Statutes Title 11 Sec. 206
- Articles of organization: means the articles of organization of a mutual benefit enterprise required by section 302 of this title. See
- Certificate of authority: means a certificate issued by the Secretary of State for a foreign enterprise to transact business in this State. See
- Foreign enterprise: means an entity organized in a jurisdiction other than this State under a law similar to this title. See
- Mutual benefit enterprise: means an enterprise organized under this title. See
- Person: means an individual; corporation; business trust; cooperative; estate; trust; partnership; limited partnership; limited liability company; mutual benefit enterprise; joint venture; association; public corporation; government or governmental subdivision, agency, or instrumentality; or any other legal or commercial entity. See
- State: means a state of the United States, District of Columbia, Puerto Rico, the U. See
§ 206. Certificate of good standing or authorization
(a) The Secretary of State, upon request and payment of the required fee, shall furnish any person that requests it a certificate of good standing for a mutual benefit enterprise if the records filed in the Office of the Secretary of State show that the Secretary of State has filed the enterprise’s articles of organization, that the enterprise is in good standing, and that the Secretary of State has not filed a statement of termination.
(b) The Secretary of State, upon request and payment of the required fee, shall furnish to any person that requests it a certificate of authority for a foreign enterprise if the records filed in the Office of the Secretary of State show that the Secretary of State has filed the foreign enterprise’s certificate of authority, has not revoked nor has reason to revoke the certificate of authority, and has not filed a notice of cancellation.
(c) Subject to any exceptions stated in the certificate, a certificate of good standing or authority issued by the Secretary of State establishes conclusively that the mutual benefit enterprise or foreign enterprise is in good standing or is authorized to transact business in this State. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)