Legal Question in Business Law in Minnesota
Corporate Good Standing
What happens to a company that is sued but is not in good standing with the State they are registered in?
Asked on 1/25/06, 2:22 pm
1 Answer from Attorneys
David Anderson
Anderson Business Law LLC
Re: Corporate Good Standing
They can be prevented from interposing a defense and fined pursuant to statute.
Call or e-mail for further assistance.
Answered on 1/25/06, 2:45 pm
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