Good Standings, Foreign Qualifications, and Certified Charters | Practical Law

Good Standings, Foreign Qualifications, and Certified Charters | Practical Law

This Practice Note discusses ordering and obtaining good standing certificates, foreign qualification certificates, and certified charters in securities transactions, why certified documents are a standard part of the due diligence process, and how legal opinions and other deal documents require and are supported by certified documents. This Note also includes practical tips about obtaining state-issued documents quickly, negotiating the scope and timing of delivery with other deal parties, and managing common issues.

Good Standings, Foreign Qualifications, and Certified Charters

Practical Law Practice Note w-026-5743 (Approx. 26 pages)

Good Standings, Foreign Qualifications, and Certified Charters

by Practical Law Corporate & Securities
MaintainedUSA (National/Federal)
This Practice Note discusses ordering and obtaining good standing certificates, foreign qualification certificates, and certified charters in securities transactions, why certified documents are a standard part of the due diligence process, and how legal opinions and other deal documents require and are supported by certified documents. This Note also includes practical tips about obtaining state-issued documents quickly, negotiating the scope and timing of delivery with other deal parties, and managing common issues.