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The Delaware Division of Corporations will not provide a separate certificate of good standing for each series, but it will provide a certificate of good standing saying that the entire company is a series LLC (and not just a traditional LLC). [citation needed]
As an entity that was created within the boundaries of Delaware and is written into the Delaware state charter, Title 12 Chapter 38, there is no question as to where the state stands on the backing of the Delaware statutory trust. [11] Limited liability is offered for DSTs, affording each trustee the benefit of personal asset protection.
When an entity is in good standing with the chartering agency, it may obtain a "certificate of good standing" which indicates this to be the case. [6] In some cases, a bank may require an entity wanting to open an account such as a checking or savings account to show a certificate of good standing from the chartering agency.
The original private language school "K.E.I." was registered domestically as a business on May 18, 2007, and listed as a “외국어학원 (온라인)” (oegugŏ hagwŏn [onlain]; foreign language institute [online]). On October 20, 2008, KEI was authorized to transact business in Arkansas, USA, as a for-profit corporation in good standing. [12]
The bill is sponsored by leaders of both parties in both houses of Delaware's state assembly. Delaware's corporate law governs relations between company boards and their investors for around two ...
Nearly 2.2 million entities — "more than ever," Meyer said — are registered in Delaware, including two-thirds of all Fortune 500 companies, according to the state's Division of Corporations.
The Delaware College for Colored Students was established on May 15, 1891, by the Delaware General Assembly. [6] The name was changed to the State College for Colored Students by state legislative action in 1893 to eliminate confusion with Delaware College, which was attended by whites in Newark, Delaware. [7]
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