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Good standing: Difference between revisions
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{{g}}If limited liability companies were concert promoters, a certificate of good standing would be their rider requiring a bowl of M&Ms with the brown ones removed. | {{g}}If limited liability companies were concert promoters, a certificate of good standing would be their rider requiring a bowl of M&Ms with the brown ones removed.<ref>See [https://www.npr.org/sections/therecord/2012/02/14/146880432/the-truth-about-van-halen-and-those-brown-m-ms?t=1582151148916 here] for that excellent story.</ref> | ||
Of a [[corporation|corporate]] entity, that it has complied with all is formal filing obligations at the official companies registrar in its [[jurisdiction of incorporation]], and paid all fees. | Of a [[corporation|corporate]] entity, that it has complied with all is formal filing obligations at the official companies registrar in its [[jurisdiction of incorporation]], and paid all fees. | ||
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But your onboarding and credit people ought to be — well — ''doing their job'', and if they are l, weaknesses in corporate governance should have made themselves known well before a [[certificate of good standing]] is revoked. | But your onboarding and credit people ought to be — well — ''doing their job'', and if they are l, weaknesses in corporate governance should have made themselves known well before a [[certificate of good standing]] is revoked. | ||
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