Colorado Good Standing Record

What is a Certificate of Fact of Good Standing?

A Certificate of Fact of Good Standing is an official legal document issued by U.S. state governments. It certifies that PrimePrix Capital is legally formed, validly existing, and currently in good compliance. The company has paid all applicable franchise taxes, filed its mandatory Annual Reports, and maintains a registered agent on file who remains reachable by the state government.

What does this certificate signify?

From an operational and legal standpoint, this certificate primarily demonstrates the following key points:

1. Verifies the company's active legal existence: It proves that PrimePrix Capital, since its formation in 2020, remains in “Active” status on the official records of the Colorado Secretary of State, and has not been dissolved, revoked, or canceled.

2. Confirms compliance with basic administrative requirements: It certifies that the company is currently in compliance with all applicable requirements of the Secretary of State's office. Simply put, the company has timely renewed its registration, submitted required state fees and reports, and has not been administratively dissolved or suspended due to abandonment or tax delinquency.

3. Serves as a foundational document for banking and contracting: In the United States, when a company seeks to open a commercial bank account, apply for foreign qualification to do business in another state, or enter into major corporate contracts, partners and institutions typically require this certificate to verify that the entity is in good legal standing.