Corporate status is defined as active or inactive with several key categories used to describe the yearly activity of the corporation. For example, a corporation can have a good standing, which indicates that the corporation has not been terminated. A corporation can also have a canceled status, which indicates a certificate of cancellation has been filed with the courts and the company is no longer active. Other status options include a merged status, indicating that a certificate of merger between one or more entities has been filed with the courts and that a merger has taken place. A converted status indicates that a certificate of conversion has been filed and the corporation exists within another jurisdiction.
Things You'll Need
- Company name
Define the company's incorporation date. Corporate capital history, according to CCH Intelliconnect, is the year in which a corporation is founded or formed legally.
Define the limitations under the law. Incorporation is limited to a public filing in a court of law. It doesn't include any activity before this filing date, including meetings to establish the corporation.
Use the incorporation date to establish a corporate timeline. Graph record changes, including name changes, stock-pricing information, dividends, stock splits and reverse stock splits, to establish a time line for a public corporation. Stock holders and consumers can measure structural changes based on when an event or change occurred in relation to the incorporation date.