§ 28 - Procedure if shareholder dissatisfied with payment or offer
§ 1.28. Certificate of good standing TITLE 11AVermont Business CorporationsCHAPTER 1. GENERAL PROVISIONSSubchapter II. Filing Documents
§ 1.28. Certificate of good standing
(a) Anyone may apply to the secretary of state to furnish a certificate of good standing for a domestic corporation or a certificate of authorization for a foreign corporation.
(b) A certificate of good standing or authorization 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 existence or authorization of the domestic or foreign corporations;
(4) that its most recent annual report required by section 16.22 of this title has been delivered to the secretary of state;
(5) that articles of dissolution have not been filed; and
(6) other facts of records in the office of the secretary of state that may be requested by the applicant.
(c) Subject to any qualification stated in the certificate, a certificate of good standing or authorization 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. (Added 1993, No. 85, § 2, eff. Jan. 1, 1994.)