Certificate of Good Standing is a certificate issued by the Secretary of State's Office evidencing that a business (corporation, LLC, partnership, etc.) has complied with the applicable provisions of the laws of the state, is in good standing, and authorized to transact business within the state.
What Is Limited Liability and Why It Is Important?
Limited liability is a way to make sure that a person who is engaging in business does not risk his or her personal possessions in case the business fails. In other words - you risk what you put in.What Is Corporate Veil And How It Can Be Pierced
If you are a business owner, one of the most significant reasons to incorporate or form a limited liability company is to protect your personal assets from a business creditor's claims against your company. This ability of a properly-formed maintained company to shield its owners from personal liability is sometimes referred to as the "corporate veil."Amending Your Company Name.
Entity Name Amendment is a legal act of changing the name of your corporation, LLC, or other business entity that you use. Companies are authorized and bound to do business only using their legal names filed with the registering state. When changing its name, company must get an approval from the state BEFORE officially using the new name.