Opening a business banking account: Financial establishments often call for Certificate of Good Standing when opening a business checking account. This document confirms the business’s legal existence and standing, ensuring the account is opened on a legit entity’s behalf. When wo

The entity’s position: This means The existing standing in the business entity With all the Illinois Secretary of State. An “Energetic” standing signifies that the entity has fulfilled all lawful requirements and is particularly permitted to carry out business. A certificate