Georgia Certificate of Secretary of Corporation as to Commercial Loan

State:
Multi-State
Control #:
US-1158BG
Format:
Word; 
Rich Text
Instant download

Description

The most important documents attached to this certificate are the certificate of good standing and the corporate or partnership resolutions authorizing the loan and designating the officers who are to execute the loan documents.

How to fill out Certificate Of Secretary Of Corporation As To Commercial Loan?

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FAQ

A certificate of authority is a document that provides states?other than the one in which your business is registered?all of a business's important information, including official name, owners' names, and legal status (limited liability company, corporation, limited partnership, etc.).

The purpose of a Certificate of Conversion in Georgia is to provide evidence that a corporation has converted to a limited liability company (LLC) or a restricted liability partnership (LLP). It is a document that is filed with the Georgia Secretary of State to officially register the conversion with the state.

A certificate of good standing in the State of Georgia is called a Certificate of Existence. You can order by mail, phone or online, but we recommend online. Online orders are immediate. Normal processing by mail takes up to 48 hours, plus additional time for mailing, and costs $10.

You obtain a Georgia Certificate of Existence from the Secretary of State. This document certifies that your business is a registered company, operating in compliance with all applicable state laws. Before filing, it's a good idea to double-check that your business is in compliance.

A Georgia Certificate of Existence is not necessary for day-to-day business operations. Nonetheless, there are a number of specific situations in which you may be asked to present a valid Certificate of Good Standing.

Certificates of authority expire annually, typically at midnight on June 30 of the year following the date of issuance or renewal. A company that wants to renew its certificate of authority should file a renewal package before it expires.

A Certificate of Authority shows that you are authorized to do business in a state other than your original formation state. A Certificate of Authority is a requirement in most states. It's important to note that the name of the document can vary from state to state.

Businesses that are incorporated in another state will typically apply for a Georgia certificate of authority. Doing so registers the business as a foreign entity and eliminates the need to incorporate a new entity. Operating without a certificate of authority may result in penalties or fines.

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Georgia Certificate of Secretary of Corporation as to Commercial Loan