16-16-206 - Certificate of good standing or authorization.
16-16-206. Certificate of good standing or authorization.
(1) The division, upon request and payment of the required fee, shall furnish any personthat requests it a certificate of good standing for a limited cooperative association if the recordsfiled in the office of the division show that the division has filed the association's articles oforganization, that the association is in good standing, and that the division has not filed astatement of termination.
(2) The division, upon request and payment of the required fee, shall furnish to anyperson that requests it a certificate of authority for a foreign cooperative if the records filed in theoffice of the division show that the division has filed the foreign cooperative's certificate ofauthority, has not revoked nor has reason to revoke the certificate of authority, and has not filed anotice of cancellation.
(3) Subject to any exceptions stated in the certificate, a certificate of good standing orauthority issued by the division establishes conclusively that the limited cooperative associationor foreign cooperative is in good standing or is authorized to transact business in this state.
Enacted by Chapter 363, 2008 General Session