Business Entity Statuses

Secretary of State  Business Entity Statuses Definitions

Alabama

1. Exists

The business entity is currently active and recognized by the state of Alabama. It is operational and has met all necessary legal requirements to maintain its status. This status generally indicates a lower lending risk, as the business is compliant and operational, suggesting better creditworthiness and stability.

2. Dissolved

The business entity has been formally dissolved and is no longer in operation. This can occur through voluntary action by the business owners or through state intervention. Lenders should be extremely cautious with dissolved entities, as they no longer have legal standing and represent a high risk for lending, with little to no possibility of repayment.

3. Previous name

This status indicates that the entity has undergone a name change, and the ""Previous Name"" refers to the entity's name before the change. Lenders should verify the continuity of operations and any potential impacts on the business's creditworthiness or legal obligations that may have resulted from the name change.

4. Withdrawn

The business has voluntarily withdrawn its registration from the state of Alabama and is no longer authorized to operate within the state. This status represents a high risk for lenders, as the entity has ceased operations in Alabama, potentially impacting its ability to generate revenue and repay loans.

5. Registered Name

The name of the entity has been registered with the state of Alabama, typically indicating that the name is reserved for future use or for a foreign entity that wants to do business under that name in Alabama. Lenders should note that this status alone does not indicate active operations or financial stability, requiring further investigation into the entity's actual business activities and financial health.

6. Merged

The business has merged with another entity and no longer exists as an independent entity. The merger is recognized by the state of Alabama. Lenders should carefully assess the financial stability and creditworthiness of the resulting merged entity, as the merger may have significantly altered the business's risk profile and operational structure.

7. Name Reservation

This status indicates that a name has been reserved with the state for future use by a potential business entity. It is not an active entity but a reserved name. Lenders should be aware that this status does not represent an operational business and thus offers no basis for lending decisions, requiring further steps before any business activities or lending can occur.

8. Cancelled

The business registration or a specific filing has been cancelled, meaning it is no longer in effect, and the entity may no longer be active or recognized in that capacity. This status represents a high risk for lenders, as it indicates the entity may no longer have legal standing or operational capacity, potentially impacting its ability to repay loans.

9. Revoked

The entity's right to operate has been revoked by the state due to non-compliance with statutory requirements, such as failing to file necessary documents or pay fees. This status signifies a significant risk for lenders, as it indicates serious compliance issues and potential financial instability, making the entity an unsuitable candidate for lending.

10. Rejected

A filing, application, or registration attempt by the entity has been rejected by the state, typically due to non-compliance with statutory or procedural requirements. Lenders should approach entities with this status cautiously, as it may indicate administrative issues or non-compliance that could affect the business's stability and creditworthiness.

Alaska

1. Good Standing

The entity is compliant with all state regulations and requirements and is legally authorized to operate.

2. Active Name

The business entity name is currently registered and in good standing, allowing the entity to operate and conduct business in Alaska under that name.

3. Canceled Name

The business entity’s name registration has been canceled, meaning the name is no longer reserved or active for use by the entity in Alaska. This could happen if the business no longer exists or has changed its name.

4. Domesticated

The business entity has changed its jurisdiction of incorporation or organization from another state or country to Alaska, becoming a domestic entity within the state and subject to Alaska laws and regulations.

5. Intent to Dissolve

The entity has filed a notice indicating its intention to dissolve. This is a formal step in the dissolution process, after which the business will cease operations and eventually be legally dissolved.

6. Withdrawn

The entity has voluntarily withdrawn its registration or authorization to do business in Alaska, meaning it has ceased its operations in the state and is no longer recognized as an active entity there.

7. Merged

The entity has merged with another entity and no longer exists as a separate legal entity in Alaska. The surviving entity (usually another business) continues the operations.

8. Involuntarily Dissolved

The entity has been dissolved by the state due to failure to comply with specific legal requirements or obligations.

9. Expired Name

The entity’s registered name has expired, typically due to the failure to renew its registration, and is no longer protected under state law.

10. Non-Compliant

The entity has failed to meet one or more state requirements, such as filing necessary documents or paying required fees, but has not yet been dissolved.

11. Voluntarily Dissolved

The entity has chosen to formally terminate its existence through a deliberate action taken by its owners or directors, typically by filing the necessary dissolution documents with the state.

12. Revoked

The entity’s legal status has been terminated by the state due to non-compliance with state regulations, such as failing to file required reports or pay necessary fees.

Arizona

1. Active

The entity is currently in good standing, has met all necessary legal and regulatory requirements, and is authorized to conduct business in Arizona. This status generally indicates a lower risk for lenders, as it suggests the business is compliant with state regulations and likely maintains good financial practices, potentially contributing to better creditworthiness and operational stability.

2. Inactive

The entity is not in good standing and is no longer authorized to conduct business in Arizona, often due to non-compliance with filing requirements, failure to pay fees, or voluntary dissolution. This status raises significant red flags for lenders, as it indicates potential financial difficulties, legal issues, or cessation of operations, which could severely impact the business's ability to repay loans and increases the overall risk associated with lending to such entities.

Arkansas

1. Good Standing

The entity is fully compliant with all state requirements, including timely filings and fee payments. It is legally authorized to conduct business in the state and has no outstanding issues with regulatory authorities. Businesses in good standing are generally considered lower risk for lending, as their compliance indicates financial responsibility and operational stability, making them more attractive candidates for credit.

2. Merged

The entity has been merged with another entity, resulting in the termination of its separate legal existence. The surviving entity continues to operate, and the merged entity no longer exists independently. Lenders should be cautious when considering loans to merged entities, as the financial structure and creditworthiness may have changed significantly, requiring a thorough assessment of the surviving entity's financial health and operational stability.

3. Used

This status usually indicates that a particular business name or entity identifier is already in use by another entity. It may also signify that a name reservation has been utilized, and the entity is in the process of formalizing its registration. For lenders, this status suggests that the business may be in a transitional phase or early stages of formation, potentially indicating higher risk and necessitating careful evaluation of the entity's legal status and operational readiness.

4. Statutorily Dissolved

The entity has been dissolved by operation of law, typically due to non-compliance with statutory requirements, such as failure to file annual reports or pay fees. This dissolution is not voluntary but mandated by state law. Lenders should be extremely cautious when dealing with statutorily dissolved entities, as they lack legal standing and may face significant challenges in repaying loans, representing a high-risk scenario for credit decisions.

5. Revoked

The entity's authority to do business in the state has been revoked, often due to non-compliance with legal requirements. This status means the entity is no longer recognized as valid in the state and cannot legally operate until it rectifies the issues and reinstates its status. Revoked status is a red flag for lenders, indicating severe compliance issues and operational instability, which significantly increases the risk associated with lending to such entities.

6. Expired

The entity's registration or charter has lapsed due to failure to renew within the required time frame. An expired status means the entity is no longer authorized to conduct business unless it takes action to renew or revive its registration. Lenders should approach expired entities with caution, as this status suggests potential financial difficulties or operational negligence, increasing the risk profile for lending decisions.

7. Withdrawn

The entity has voluntarily withdrawn its registration from the state. This means the entity has chosen to cease doing business in the state and has formally notified the state of its intent to withdraw. Withdrawn status indicates a significant change in the entity's operations, potentially affecting its ability to generate revenue and repay loans, thus requiring careful consideration by lenders in terms of existing obligations and future credit decisions.

8. Dissolved

The entity has been formally terminated through a voluntary or administrative process. It is no longer recognized as a legal entity and cannot conduct business. Dissolution typically follows the completion of necessary legal steps to wind down the entity's affairs. Lenders should be extremely cautious with dissolved entities, as they no longer have legal standing to operate or enter into new financial agreements, presenting a high-risk scenario for any lending activities.

9. Not Current

The entity has not fulfilled its most recent filing or fee requirements, indicating that it is not in good standing. This status suggests that the entity may need to update its filings or pay outstanding fees to return to good standing. For lenders, a "Not Current" status raises concerns about the entity's financial management and compliance practices, potentially indicating increased risk and requiring closer scrutiny of the business's overall financial health and operational stability.

10. Forfeited Charter

The entity's charter (legal authorization to operate) has been forfeited due to failure to comply with statutory obligations, such as filing reports or paying taxes. A forfeited charter means the entity is no longer legally authorized to operate and may need to take corrective action to regain its charter. Lenders should view entities with forfeited charters as high-risk, as they lack legal standing and demonstrate significant compliance issues, which could severely impact their ability to operate and repay loans.

California

1. Active

The entity is currently in good standing, has fulfilled all necessary filing and fee requirements, and is authorized to conduct business in California. This status generally indicates a lower risk for lenders, as it suggests the business is compliant, operationally stable, and likely in good financial health.

2. Terminated

The entity has been formally dissolved or otherwise ceased its legal existence in California. It is no longer authorized to conduct business and has completed the necessary legal steps to wind down its operations. Lenders should be extremely cautious with terminated entities, as they no longer have legal standing and any outstanding debts may be difficult to recover.

3. Suspended - FTB/SOS

The entity's rights, privileges, and powers have been suspended by both the Franchise Tax Board (FTB) and the Secretary of State (SOS). This usually occurs due to non-compliance with state tax obligations or failure to file required reports. The entity cannot legally operate, enter contracts, or initiate lawsuits while suspended. This status indicates significant risk for lenders, as it suggests severe compliance issues and potential financial instability.

4. Converted Out

The entity has changed its legal structure (e.g., from a corporation to an LLC) and has filed the appropriate documents with the state. The original entity has ceased to exist in its previous form and has been ""converted out"" to a new entity type. Lenders should reassess the creditworthiness of the new entity structure and ensure that any existing agreements are still valid under the new legal form.

5. Suspended - FTB

The entity's rights, privileges, and powers have been suspended specifically by the Franchise Tax Board due to non-compliance with tax obligations. The entity cannot legally conduct business, enforce contracts, or initiate lawsuits while under this suspension. This status raises red flags for lenders, indicating potential financial difficulties and increased risk in lending decisions.

6. Terminated - FTB Admin

The entity has been administratively terminated by the Franchise Tax Board due to failure to comply with tax obligations. This termination is typically a result of continued non-compliance after suspension. Lenders should consider this status as a severe risk, indicating prolonged financial issues and the cessation of the entity's legal existence.

7. Suspended - SOS

The entity's rights, privileges, and powers have been suspended by the Secretary of State, usually due to failure to file required documents such as the Statement of Information. The entity cannot legally operate while under this suspension. This status suggests compliance issues that could impact the entity's operational stability and creditworthiness, warranting caution from lenders.

8. Terminated - SOS Admin

The entity has been administratively terminated by the Secretary of State due to non-compliance with legal filing requirements. The termination results in the entity ceasing to exist as a legal entity in California. Lenders should treat this status as a high-risk situation, as the entity no longer has legal standing and may be unable to repay debts.

9. Forfeited - FTB

The entity has had its rights, privileges, and powers forfeited by the Franchise Tax Board, typically due to serious or ongoing non-compliance with tax obligations. The entity loses its legal ability to operate in California. This status indicates severe financial and compliance issues, presenting significant risks for lenders and potentially impacting the entity's ability to repay debts.

10. Merged Out

The entity has been merged into another entity and no longer exists independently. The surviving entity continues to operate, and the merged-out entity's registration is terminated. Lenders should reassess the creditworthiness of the surviving entity and ensure that any existing agreements are transferred or remain valid under the new structure.

11. Suspended - SOS

The entity's rights and privileges have been suspended by the California Secretary of State due to non-compliance with filing requirements, preventing it from legally operating until resolved. This status suggests potential operational instability and compliance issues, which lenders should carefully consider when assessing risk and making lending decisions.

Colorado

1. Good Standing

The entity is fully compliant with all state requirements, including timely filing of reports and payment of fees, and is legally authorized to conduct business in Colorado. This status indicates a lower risk for lenders, as it demonstrates the business's commitment to regulatory compliance and suggests financial stability and responsible management.

2. Expired

The entity's registration or charter has expired due to failure to renew or update necessary information. It is no longer valid for conducting business but has not been formally dissolved. Lenders should exercise caution with expired entities, as this status may indicate financial difficulties, operational issues, or a lack of attention to legal requirements, potentially increasing the risk associated with lending.

3. Name Changed

The entity has officially changed its name through the proper legal process and is now operating under the new name. The old name is no longer in use. While a name change itself doesn't necessarily impact creditworthiness, lenders should ensure they have updated information and verify the reasons behind the change, as it could potentially affect brand recognition or indicate a significant shift in business strategy.

4. Delinquent

The entity has failed to meet certain legal obligations, such as filing annual reports or paying fees. It is not in good standing and must address these issues to regain compliance. Delinquent status raises red flags for lenders, as it may indicate financial distress, poor management, or operational issues, potentially increasing the risk associated with lending to such entities.

5. Withdrawn

The entity has voluntarily withdrawn its registration from Colorado and is no longer authorized to conduct business in the state. This status reflects the entity's decision to cease operations in Colorado. Lenders should be extremely cautious when considering loans to withdrawn entities, as this status indicates a significant change in business operations and may impact the entity's ability to generate revenue and repay debts in the state.

6. Voluntarily Dissolved

The entity has voluntarily taken steps to dissolve its registration and cease its business operations in Colorado. This process has been formally completed, and the entity is no longer active. Lenders should generally avoid extending credit to voluntarily dissolved entities, as they have formally ended their business operations in the state, significantly impacting their ability to generate income and repay loans.

7. Revoked

The entity's status has been revoked by the state, typically due to serious or ongoing non-compliance with state regulations. The entity is no longer authorized to operate and must rectify the issues for potential reinstatement. Revoked status is a major red flag for lenders, indicating severe compliance issues or financial problems, and lending to such entities carries substantial risk and potential legal complications.

8. Administratively Dissolved

The entity has been dissolved by administrative action, usually due to failure to meet legal obligations such as filing annual reports or paying fees. The entity is no longer recognized as active in Colorado. Lenders should approach administratively dissolved entities with extreme caution, as this status suggests significant operational or financial issues, potentially impacting the entity's ability to conduct business legally and repay debts.

Connecticut

1. Cancelled

The entity's registration or license has been canceled, meaning it is no longer authorized to operate in Connecticut. This status often results from administrative action due to non-compliance or voluntary cancellation by the entity. For lenders, this status indicates a high-risk situation, as the business lacks legal authority to operate, potentially impacting its ability to generate revenue and repay loans.

2. Forfeited

The entity has lost its legal status due to failure to meet certain statutory requirements, such as not filing reports or paying fees. The entity is no longer authorized to conduct business in Connecticut until it rectifies the issue and potentially reinstates its status. Lenders should approach forfeited entities with caution, as this status suggests financial instability or poor administrative practices, which could affect creditworthiness and operational viability.

3. Active

The entity is in good standing, having met all necessary legal and regulatory requirements, and is authorized to conduct business in Connecticut. Active status generally indicates a lower risk for lenders, as it suggests the business is compliant and operationally stable, though further financial assessment is still necessary for a comprehensive risk evaluation.

4. Dissolved

The entity has been formally dissolved, either voluntarily by its owners or involuntarily by the state. It is no longer recognized as an active legal entity in Connecticut and cannot conduct business. Lenders should be extremely cautious with dissolved entities, as they no longer have legal standing to operate, severely impacting their ability to generate income or repay loans.

5. Renuciated

This status indicates that the entity has formally renounced or given up certain rights or claims, possibly in the context of its business operations or legal standing. This is not a common status and may vary in interpretation depending on the specific context. Lenders should seek clarification on the specific rights or claims renounced, as this could significantly impact the entity's operational capacity and financial stability.

6. Withdrawn

The entity has voluntarily withdrawn its registration or authorization to do business in Connecticut, indicating it has ceased operations in the state and is no longer recognized as an active entity there. For lenders, a withdrawn status suggests the business has intentionally ceased operations in Connecticut, which could indicate a strategic decision or financial difficulties, necessitating careful evaluation of the entity's overall financial health and operational status in other jurisdictions.

7. Domesticated

The entity has changed its jurisdiction of incorporation or organization from another state to Connecticut. It is now considered a domestic entity in Connecticut, subject to local laws and regulations. While this status change doesn't inherently affect creditworthiness, lenders should review the reasons for domestication and ensure compliance with Connecticut regulations, as it may impact the entity's financial structure and operational practices.

8. Revoked

The entity's authority to operate has been revoked by the state, typically due to serious non-compliance with state regulations, such as failing to file reports or pay fees. The entity is no longer authorized to operate and must address the reasons for revocation to be reinstated. Lenders should view revoked status as a significant red flag, indicating severe compliance issues that could reflect deeper financial or operational problems, substantially increasing the risk associated with any potential lending.

Delaware

1. Good Standing

The entity's existence has not been terminated either voluntarily or administratively. This status generally indicates a lower risk for lenders, as it suggests the business is compliant with state requirements and likely operationally stable.

2. Cancelled

A certificate of Cancellation has been voluntarily filed by the entity to terminate its existence. This certificate is filed when an entity has dissolved and at the completion of winding up the entity. Lenders should be extremely cautious with cancelled entities, as they have ceased operations and are unlikely to have ongoing revenue or assets.

3. Dissolved

A certificate of Dissolution has been voluntarily filed by the corporation to terminate its legal existence. Similar to cancelled status, dissolved entities pose significant risks for lenders as they are no longer operating and may have limited assets or ability to repay loans.

4. Expired

A Limited Liability Partnership or Limited Liability Limited Partnership has not filed their annual report in a timely manner. A reinstatement and all Annual Reports that have not been filed, may be filed to reinstate the LLP or LLLP to good standing status. Refer to Title 6, Chapter 15 Section 1003. Expired status indicates potential compliance issues and operational instability, which may increase lending risk, though the possibility of reinstatement suggests the business could return to good standing.

5. Forfeited

A corporation has on record a Certificate of Resignation of registered agent and the appointment of a new registered agent was not filed within the designated period of 30 days. This status suggests administrative negligence and potential communication difficulties, which could be red flags for lenders assessing the business's management capabilities and stability.

6. Resign to Appointment

An Unincorporated Non-Profit Association filed pursuant to Title 6, Chapter 19 may appoint an agent to receive service of process. If such agent resigns from this appointment the entity would show this status. While specific to non-profits, this status indicates a gap in the entity's legal representation, which could impact its ability to receive important communications and may suggest administrative challenges.

7. Cancelled-Voided

A Limited Partnership, Limited Liability Company or Partnership failed to pay their annual tax for a period of 3 years from the date it is due. This status indicates severe tax delinquency and likely financial distress, presenting a high risk for lenders and suggesting potential operational cessation.

8. Consolidated

A Certificate of Merger and Consolidation has been filed. The existence of this entity has terminated and a new entity has been created as a result of the filing. Lenders should be aware that the original entity no longer exists, and any lending decisions should be based on the newly created entity's status and financials.

9. Merged

A Certificate of Merger between 1 or more entities has been filed. This entity did not survive the merger but was merged into another entity. Similar to consolidated status, lenders should focus on the surviving entity's status and financial health when making lending decisions.

10. Converted

A Certificate of Conversion has been filed. This entity has been converted to an entity that is in existence in another jurisdiction. Lenders should investigate the entity's new jurisdiction and status, as this change could impact regulatory compliance and financial reporting requirements.

11. AR filed, Tax delinquent

This represents a corporation that has filed the required annual report, however there are still delinquent taxes due. While the entity shows some level of compliance by filing reports, the tax delinquency suggests financial difficulties that could impact loan repayment ability.

12. Revoked

A Limited Liability Partnership (LLP) that has not filed their Annual Report. The Statement of Qualification or Statement of Foreign Qualification of the LLP has been revoked by the Secretary of State. Revoked status indicates severe compliance issues and potential operational instability, presenting significant risks for lenders.

13. AR delinquent, Tax paid

This represents a corporation that has paid taxes in full, however the required annual report has not been filed. While tax payment is positive, the failure to file annual reports may indicate administrative issues or potential operational changes that lenders should investigate further.

14. Forfeited-Resigned

A Limited Partnership, Limited Liability Company or Partnership that has on record a Certificate of Resignation of registered agent and the appointment of a new registered agent was not filed within the designated period of 30 days. This status suggests administrative negligence and potential communication difficulties, which could be red flags for lenders assessing the business's management capabilities and stability.

15. Surrendered

A Certificate of Voluntary Dissolution before issuance of shares or before beginning of business has been filed with the Division of Corporations. This status indicates the entity never became fully operational, presenting significant risks for lenders as there may be no assets or revenue stream to support loan repayment.

16. Transfer

A Certificate of Transfer has been filed and the result of such transfer is the cessation of its existence as an entity of the State of Delaware. Lenders should be aware that the entity no longer exists in Delaware and should investigate its new status and jurisdiction before making lending decisions.

17. AR delinquent, Tax due

This represents a corporation that has not filed the required annual report and there are delinquent taxes due. This status indicates significant compliance issues and potential financial distress, presenting high risks for lenders.

18. Void

A corporation that failed to pay it's annual franchise tax for a period of 1 year or a Foreign Corporation that has not filed their annual reports within a 2 year period. Void status suggests severe compliance issues and potential cessation of operations, presenting significant risks for lenders.

19. Withdrawal

A voluntary Certificate of Withdrawal has been filed by the Corporation which is registered/qualified to do business in Delaware as a Foreign Corporation but domestic in another jurisdiction, to terminate it's authority to transact business in the State of Delaware. Lenders should investigate the entity's status in its domestic jurisdiction, as withdrawal from Delaware may indicate a change in operations or market focus.

20. Ceased Good Standing

This represents an entity that failed to pay their annual taxes timely. For example: 2002 taxes due June 1, 2003 were not received by end of day June 1, 2003. While less severe than some other statuses, this indicates potential financial difficulties or administrative issues that could impact the entity's stability and ability to repay loans.

Florida

1. Active

The business entity is active. This status indicates that the business is currently operating and compliant with state regulations, suggesting a lower risk profile for lenders and potentially better creditworthiness.

2. Inactive

The business entity is inactive. This status may signal operational issues or voluntary closure, raising concerns about the business's ability to repay loans and requiring careful risk assessment by lenders.

3. Inactive/UA

The business entity is inactive but the name is held for a statutory period and currently unavailable. While the business is not currently operating, the held name might indicate potential for reactivation, requiring lenders to investigate the reasons for inactivity and future plans.

4. Name HS

The previous name of the business entity. This status suggests a name change, which could impact the business's market presence or indicate restructuring, prompting lenders to examine the reasons behind the change and any potential effects on creditworthiness.

5. Cross Ref

The business entity's name in its home state. For out-of-state businesses, this status helps lenders verify the entity's legal standing in its primary jurisdiction, which is crucial for assessing overall stability and compliance.

6. Inactive/MG

The business entity is inactive due to a merger. This status indicates a significant change in the business structure, requiring lenders to reassess the new entity's financial position, operational stability, and creditworthiness post-merger.

7. Inactive/CV

The business entity is inactive due to a conversion. This status suggests a change in business structure or type, necessitating a thorough review by lenders to understand the implications of the conversion on the entity's financial health and operational stability.

Georgia

1. Active/Compliance

The business entity is currently operational and in full compliance with all state regulations, including necessary filings and fee payments. This status indicates a lower risk for lenders, as it suggests the business is responsibly managing its legal obligations and likely maintaining good financial practices.

2. Admin. Dissolved

The entity has been administratively dissolved by the state due to failure to meet legal obligations, such as filing required reports or paying fees. Lenders should exercise caution with these entities, as administrative dissolution often indicates financial difficulties or management issues that could impact loan repayment ability.

3. Expired

The entity's registration or reserved name has lapsed due to non-renewal, and it is no longer authorized to conduct business unless renewed. This status suggests potential operational instability or financial constraints, warranting careful consideration in lending decisions and thorough due diligence on the business's current status and plans.

4. Inactive

The entity is not currently operational but has not been formally dissolved. It may be in a dormant state. Lenders should be wary of inactive entities, as they may lack current revenue streams or assets, potentially increasing the risk associated with lending.

5. Noncompliance/Nonpayment

The entity is not in good standing due to failure to comply with certain requirements, such as paying fees or filing necessary documents. This status raises red flags for lenders, as it may indicate financial difficulties or poor management practices that could affect the business's ability to meet loan obligations.

6. Revoked

The entity's registration has been revoked by the state, often due to serious or repeated non-compliance, meaning it is no longer legally allowed to operate. Lenders should avoid extending credit to revoked entities, as they lack legal standing and may face significant challenges in resuming operations or generating revenue.

7. Active/Noncompliance

The entity is operational but not fully compliant with state requirements, putting its good standing at risk. While the business is still functioning, this status suggests potential management or financial issues that could escalate, requiring lenders to carefully assess the specific non-compliance factors and their potential impact on the business's stability.

8. Redeemed

The entity has rectified previous non-compliance issues and has been restored to good standing. This status indicates a positive step towards stability, but lenders should still investigate the nature of the previous non-compliance and ensure that the business has fully addressed any underlying issues that led to the initial problems.

9. Terminated

The entity has been formally dissolved, either voluntarily or by state action, and is no longer in existence. Lenders should not consider terminated entities for loans, as they no longer exist as legal business entities and have no capacity to enter into new financial agreements.

10. Withdrawn

The entity has voluntarily ceased operations in Georgia and has formally withdrawn its registration. Lenders should be cautious with withdrawn entities, as they may no longer have a presence or assets in the state, potentially complicating loan recovery if issues arise.

11. Merged

The entity has merged with another entity and no longer exists as a separate legal entity. When considering loans for merged entities, lenders should assess the financial health and stability of the resulting combined entity, as well as any changes in management or operational structure that could affect creditworthiness.

12. Name Reservation Rejected

The request to reserve a specific business name has been denied by the state, possibly due to the name being already in use or not meeting legal requirements. While this status primarily relates to naming issues, lenders should be aware that it could delay business formation or indicate potential trademark conflicts, which might impact the business's branding and market position.

13. Withdrawn/Merged

The entity has both withdrawn from the state and merged with another entity, ceasing its separate existence in Georgia. Lenders should approach these entities with caution, focusing on the current status and financial health of the resulting merged entity, particularly if it operates in other jurisdictions.

Hawaii

1. Expired

Meaning Withdrew or not completed. This status suggests the business may have ceased operations or failed to complete registration, indicating potential financial instability or operational issues that could increase lending risk.

2. Active

Active registration. Businesses with this status are currently registered and operational, generally presenting a lower risk for lenders due to their compliance with state requirements and ongoing business activities.

3. Inv. Cancelled

Meaning Cancelled involuntarily. This status implies the business was forcibly closed by authorities, potentially due to non-compliance or other serious issues, signaling high risk for lenders and possible legal or financial problems.

4. Dissolved

Dissolved voluntarily. While this indicates a planned closure, lenders should be cautious as the business has ceased operations, potentially affecting loan repayment capabilities and overall creditworthiness.

5. Adm. Terminated

Administratively Terminated. This status suggests the business failed to meet state requirements, indicating potential operational or financial issues that could increase lending risk and require thorough investigation.

6. Nm. Chg.

Name changed. While not inherently risky, lenders should ensure they have updated information and verify the business's history under both names to maintain accurate risk assessment.

7. Cancelled

Cancelled voluntarily. Similar to dissolution, this status indicates the business has chosen to close, potentially impacting its ability to repay loans and requiring careful consideration from lenders.

8. Inv. Revoked

Revoked involuntarily. This status implies serious non-compliance or legal issues, presenting high risk for lenders and necessitating thorough investigation before considering any lending activities.

9. Held

Holding for correction. While temporary, this status suggests potential issues with the business's registration or compliance, warranting further inquiry by lenders to assess any underlying risks.

10. Converted

Converted out. This status indicates a change in business structure, which may affect the entity's legal standing and financial obligations, requiring lenders to reassess the business's creditworthiness under its new form.

11. Bounced

Check bounced. This status raises immediate concerns about the business's financial stability and cash flow management, signaling increased risk for lenders and necessitating careful financial scrutiny.

12. Adm. Term.

Administratively Terminated. Similar to "Adm. Terminated," this status indicates non-compliance with state requirements, suggesting potential operational or financial issues that increase lending risk.

13. "1"

Annual report 1 yr delinquent. This status indicates a failure to meet reporting obligations, potentially signaling financial distress or management issues that could increase risk for lenders.

14. "2"

Annual report 2 yr delinquent. With two years of delinquent reports, this status suggests more severe compliance issues or potential financial troubles, presenting higher risk for lenders.

15. Rejected

Rejected. This status implies the business's application or filing was not accepted, potentially due to errors or non-compliance, warranting further investigation by lenders to understand the underlying issues.

16. Records Frozen

Records Frozen. This unusual status may indicate legal issues or severe non-compliance, presenting significant risk for lenders and requiring thorough investigation before any lending decisions.

17. Withdrawn

Foreign entity withdrawn. This status suggests the business has voluntarily ceased operations in the state, potentially impacting its market presence and financial stability, which lenders should carefully consider.

18. Merged

Merged out. While potentially positive for business growth, mergers can also complicate financial structures and obligations, requiring lenders to reassess the entity's creditworthiness and stability post-merger.

19. Invol. dissolved

Dissolved involuntarily. This status indicates forced closure by authorities, suggesting serious compliance or financial issues that present high risk for lenders and necessitate careful evaluation of any outstanding obligations.

20. Revoked

Revoked registration. This status implies the business's registration has been cancelled by authorities, likely due to severe non-compliance or legal issues, presenting significant risk for lenders and requiring thorough investigation before any lending considerations.

Idaho

1. Active-Current

The entity is actively operating and has fulfilled all its regulatory and compliance requirements, including up-to-date filings and fees. It is fully operational and recognized as valid. This status generally indicates a lower risk for lenders, as it suggests the business is responsibly managing its legal obligations and likely maintaining good operational stability.

2. Inactive-Dissolved

The entity has been officially terminated through a formal process. It is no longer allowed to conduct business, and its registration has been formally closed, either voluntarily or involuntarily. Lenders should be extremely cautious with dissolved entities, as they no longer have legal standing to operate, significantly impacting their ability to repay loans and presenting high risk.

3. Active-Existing

The entity is currently in existence and operational but may not necessarily be in good standing. It has not been formally dissolved or withdrawn but may have some pending compliance issues. Lenders should conduct thorough due diligence on these entities, as unresolved compliance issues could indicate financial instability or management problems that may affect creditworthiness.

4. Active-Good Standing

The entity is fully compliant with all statutory requirements, including timely submissions of required documents and payment of fees. It is in good legal and financial standing with regulatory authorities. This status is generally favorable for lenders, indicating responsible management and compliance, which often correlates with better operational stability and creditworthiness.

5. Inactive-Forfeited

The entity has lost its legal status due to failure to comply with regulatory requirements, such as not filing annual reports or not paying required fees. It is no longer authorized to operate. Lenders should view forfeited entities as high-risk, as the loss of legal status indicates serious compliance issues that may reflect deeper financial or operational problems.

6. Inactive-Withdrawn

The entity has voluntarily removed itself from its state of incorporation or jurisdiction. It has formally requested to cease its registration and is no longer recognized as active in that jurisdiction. Lenders should be wary of withdrawn entities, as this status suggests the business is no longer operating in the state, which could significantly impact its ability to generate revenue and repay loans.

7. Inactive-Expired

The entity's registration or charter has expired due to a lapse in renewal or failure to update necessary information. It is no longer valid for conducting business but has not been formally dissolved. Lenders should approach expired entities with caution, as the lapse in registration could indicate financial difficulties, poor management, or intention to cease operations, all of which increase lending risk.

8. Inactive-Revoked (Administrative)

The entity's status has been revoked by an administrative authority due to non-compliance with legal requirements, such as failing to file necessary reports or pay fees. The entity is no longer authorized to operate. This status represents a significant red flag for lenders, indicating severe compliance issues that likely reflect broader operational or financial problems, substantially increasing the risk associated with lending to such entities.

9. Inactive-Cancelled

The entity's registration has been formally canceled, usually due to reasons such as failure to comply with legal obligations or voluntary action. It is no longer recognized as a valid legal entity. Lenders should avoid canceled entities, as they no longer have legal standing to operate, presenting extreme risk for any potential lending activities.

10. Inactive-Cancelled (Administrative)

The entity's registration has been canceled by administrative action, often due to serious or repeated non-compliance with regulatory requirements. The cancellation is officially recorded and recognized. This status indicates severe issues with compliance and potentially with the entity's overall management and financial health, making it an extremely high-risk prospect for lenders.

11. Inactive-Dissolved (Administrative)

The entity has been dissolved due to administrative reasons. This status suggests that the business has been formally terminated by administrative action, likely due to significant non-compliance or other serious issues, presenting a very high risk for lenders as the entity no longer legally exists and cannot conduct business operations.

Illinois

1. Active

The business is currently operational, compliant with all legal requirements, and recognized as a valid entity by the state of Illinois. This status generally indicates a lower risk for lenders, as it suggests the business is meeting its legal obligations and maintaining good standing, which can be a positive indicator of financial responsibility and operational stability.

2. Withdrawn

The business has voluntarily ceased its operations in Illinois and has formally withdrawn its registration with the state. Lenders should be cautious when considering loans to withdrawn entities, as this status indicates the business is no longer operating in the state, potentially impacting its ability to generate revenue and repay debts.

3. Voluntarily Dissolved

The business has been formally dissolved by the decision of its owners or directors, meaning it is no longer operational and has been officially closed. This status signifies a high risk for lenders, as the business has ceased operations and is unlikely to generate income or have assets available for loan repayment.

4. Terminated

The business entity has been officially ended, either through voluntary action or by reaching the end of its legal life or purpose. Lenders should avoid extending credit to terminated entities, as this status indicates the business no longer exists legally and has no capacity to enter into new financial agreements or generate income for loan repayment.

5. Revoked

The business's authority to operate has been revoked by the state due to failure to comply with certain legal obligations, such as filing annual reports or paying fees. This status raises significant red flags for lenders, as it indicates non-compliance with state requirements and potential financial instability, increasing the risk associated with lending to such entities.

6. Not Good Standing (NGS)

The business is currently operational but has not met certain state requirements, such as filing deadlines or fee payments, and is at risk of further penalties or dissolution if not rectified. Lenders should approach NGS businesses with caution, as this status suggests potential financial or operational issues that could affect the business's ability to meet loan obligations.

7. Merged/Consolidated

The business has been merged with another entity or consolidated into a new entity, and no longer exists as a separate, independent entity. Lenders should carefully assess the new entity resulting from the merger or consolidation, as the financial stability and creditworthiness may differ from the original business, requiring updated risk assessment.

8. Involuntary Dissolution

The state has dissolved the business due to its failure to comply with mandatory legal requirements, such as failing to file necessary documents or pay required fees. This status indicates a high risk for lenders, as it suggests significant non-compliance and potential financial difficulties, making loan recovery unlikely.

9. Dissolved

The business has been formally closed and is no longer operational. This can be due to voluntary action by the owners or through state action like involuntary dissolution. Lenders should avoid extending credit to dissolved entities, as they no longer have legal standing or the ability to generate income, making loan repayment highly improbable.

Indiana

1. Active

The entity is currently operational and in good standing, having met all regulatory and legal requirements. This status generally indicates a lower risk for lenders, as it suggests the business is compliant and likely to be financially stable.

2. Admin Dissolved

The entity has been administratively dissolved by the state due to failure to comply with legal obligations such as filing required reports or paying fees. Lenders should be cautious with these entities, as this status indicates non-compliance and potential financial instability.

3. Inactive

The entity is no longer active, but it has not been formally dissolved. This status might indicate that the entity is not currently conducting business. Lenders should be wary of inactive entities, as they may not have current income or assets to support loan repayment.

4. Cancelled

The entity's registration or a specific filing has been officially cancelled, often at the entity's request or due to non-compliance. This status suggests the business is no longer operating legally, posing a high risk for lenders.

5. Voluntarily Dissolved

The entity has been dissolved by the owners or members voluntarily and is no longer operational. Lenders should avoid extending credit to voluntarily dissolved entities, as they have ceased operations and likely have no means of repayment.

6. Revoked

The entity's right to conduct business in Indiana has been revoked due to non-compliance with state regulations. This status indicates serious compliance issues and high risk for lenders, as the business cannot legally operate.

7. Withdrawn

The entity has voluntarily withdrawn its registration and is no longer authorized to do business in the state. Lenders should be cautious, as this status suggests the business may have ceased operations in Indiana.

8. Merged

The entity has merged with another and no longer exists as a separate entity. Lenders should reassess the creditworthiness of the resulting entity, as the merger may have impacted financial stability and operational structure.

9. Judicially Dissolved

The entity has been dissolved by court order, often due to legal disputes or regulatory issues. This status indicates severe problems and high risk for lenders, as the business has been forcibly closed by legal action.

10. Non-Qualified Merged

The entity has merged but did not meet all the necessary qualifications, possibly in the context of foreign entities. Lenders should carefully evaluate the resulting entity's legal status and financial stability before considering any lending decisions.

11. Surrendered

The entity has surrendered its right to operate, often in connection with withdrawing from the state. This status suggests the business is no longer operating in Indiana, posing significant risk for lenders.

12. Reserved

A name or entity status has been reserved, indicating that it may be used in the future but is not currently active. Lenders should note that this status does not represent an operational business and should not be considered for lending.

13. Expired

The entity's registration or name reservation has expired, usually due to failure to renew. This status indicates potential compliance issues and operational instability, increasing risk for lenders.

14. Abandoned

The entity or a specific filing has been abandoned, typically meaning it was never completed or finalized. Lenders should be cautious of abandoned entities, as they may not represent fully formed or operational businesses.

15. Converted

The entity has undergone a legal conversion to another type of entity (e.g., from an LLC to a corporation). Lenders should reassess the new entity structure and its implications for creditworthiness and liability.

16. Pending Admin Dissolution

The entity is in the process of being administratively dissolved, usually due to non-compliance. This status indicates significant risk for lenders, as the business is likely facing compliance issues and potential closure.

17. Pending Revocation

The entity's status is under review and may be revoked if compliance issues are not resolved. Lenders should be cautious, as this status suggests potential regulatory problems that could affect the business's ability to operate.

18. Pending Conversion

The entity is in the process of converting to another type of entity. Lenders should wait for the conversion to complete before making lending decisions, as the new structure may affect creditworthiness and liability.

19. Converted Out

The entity has converted out of its original form and is no longer recognized in its previous structure. Lenders should reassess the new entity structure and its implications for creditworthiness and operational stability.

20. Pending

The entity's filing or status is pending and has not yet been finalized. Lenders should wait for the final status before making lending decisions, as the outcome may affect the entity's legal standing and operational capabilities.

21. Past Due

The entity has missed a filing deadline or payment and is at risk of further penalties or dissolution. This status indicates potential financial instability or compliance issues, increasing risk for lenders.

22. Pending Domestication

The entity is in the process of changing its jurisdiction from another state or country to Indiana. Lenders should wait for the domestication to complete and assess the implications of the jurisdictional change on the entity's legal status and operations.

23. Pending Surrender

The entity has filed to surrender its registration but the process is not yet complete. Lenders should be cautious, as this status suggests the business intends to cease operations in Indiana.

24. Pending Merger

The entity is in the process of merging with another entity. Lenders should wait for the merger to complete and reassess the resulting entity's financial stability and operational structure before making lending decisions.

25. Voluntarily Dissolved (Name Protected)

The entity has been voluntarily dissolved, but its name is protected and cannot be used by another entity for a specific period. Lenders should avoid extending credit to these entities, as they have ceased operations despite name protection.

26. Pending Share Exchange

The entity is involved in a pending share exchange process, typically related to restructuring or mergers. Lenders should wait for the share exchange to complete and evaluate its impact on the entity's ownership structure and financial stability.

27. NSF

Non-Sufficient Funds. The entity has attempted a transaction, such as a payment, that was not completed due to insufficient funds. This status indicates potential financial instability and increased risk for lenders.

28. Terminated

The entity's existence has been formally terminated and it no longer exists as a legal entity. Lenders should not consider terminated entities for lending, as they have ceased to exist legally and have no means of repayment.

Iowa

1. Active

The business entity is currently operational, in good standing, and compliant with all legal and regulatory requirements in Iowa. This status generally indicates a lower risk for lenders, as it suggests the business is responsibly managing its operations and meeting its obligations, which can positively impact its creditworthiness and operational stability.

2. Inactive

The business entity is not actively conducting business but has not been formally dissolved or withdrawn. It may have failed to meet some compliance requirements but has not yet been removed from the state's registry. This status raises concerns for lenders, as it may indicate financial difficulties, operational instability, or compliance issues, potentially increasing the risk associated with lending to such entities and necessitating a more thorough risk assessment.

Kansas

1. Merged out of Existence

The entity has merged with another entity and no longer exists as a separate entity in Kansas. Lenders should be cautious as this status indicates the original entity no longer exists, potentially affecting existing loan agreements and requiring reassessment of the merged entity's creditworthiness and operational stability.

2. Forfeited - Failed to Timely File I/R

The entity has lost its legal standing due to failure to file required information or reports (I/R) on time. It is no longer authorized to conduct business. This status raises significant red flags for lenders, indicating potential financial or operational issues, and may render the business ineligible for lending until its standing is restored.

3. Active and in Good Standing

The entity is currently operational, has met all filing requirements, and is in compliance with Kansas state regulations. This status is generally favorable for lending decisions, suggesting the business is responsibly managed and maintains regulatory compliance, which can positively impact its creditworthiness and operational stability assessment.

4. Withdrawn

The entity has voluntarily withdrawn its registration in Kansas and is no longer authorized to conduct business in the state. Lenders should exercise caution as this status indicates the business has ceased operations in Kansas, potentially affecting its ability to repay loans and requiring a reassessment of any existing lending agreements.

5. Dissolved

The entity has been formally dissolved, either voluntarily or involuntarily, and is no longer in existence. This status presents a high risk for lenders, as the business no longer exists legally, potentially impacting the recovery of outstanding loans and necessitating immediate action on any existing lending arrangements.

6. Expired

The entity's registration or authority to do business in Kansas has lapsed due to the expiration of its filing period or failure to renew. Lenders should be wary of this status as it indicates potential operational or financial issues, requiring further investigation into the business's current state and intentions before considering any lending decisions.

7. Registered

The entity is registered with the state and is authorized to conduct business but does not have a specified standing or compliance status. While this status indicates basic legal recognition, lenders should conduct additional due diligence to assess the business's current operational status, compliance history, and financial health before making lending decisions.

8. Delinquent

The entity has failed to meet certain compliance requirements, such as filing reports or paying fees, and is at risk of losing its good standing status. This status should raise concerns for lenders, as it may indicate financial difficulties or management issues, potentially impacting the business's creditworthiness and requiring careful evaluation of the reasons for delinquency before proceeding with any lending activities.

Kentucky

1. Inactive

The entity is not currently operational and may have failed to meet certain legal or regulatory requirements. It is not in good standing and is not authorized to conduct business in Kentucky. This status indicates a high-risk situation for lenders, as the business is non-operational and likely facing financial or regulatory challenges, significantly impacting its creditworthiness and ability to repay loans.

2. Active Good

The entity is currently operational, compliant with all legal and regulatory requirements, and in good standing with the state of Kentucky. This status suggests a lower risk for lenders, as it indicates the business is operating legally and meeting its obligations, which generally correlates with better financial health and stability, making it a more favorable candidate for lending.

3. Bad

The entity has serious compliance issues or has failed to meet regulatory requirements, resulting in a negative status. It is likely not authorized to conduct business and may face penalties or other legal actions. This status represents a significant red flag for lenders, indicating severe operational and potentially financial problems, which would likely make the business an extremely high-risk candidate for loans and require extensive due diligence if considering any lending activity.

Louisiana

1. Inactive

The entity is not currently operational in Louisiana. It may have failed to meet legal requirements, been voluntarily dissolved, or otherwise lost its authority to conduct business in the state. For alternative business lenders, this status indicates a high-risk situation, as the business lacks legal standing to operate, potentially impacting its ability to generate revenue and repay loans, and suggests significant operational instability or compliance issues that require thorough investigation before considering any lending activities.

2. Active

The entity is currently operational and in good standing with the state of Louisiana, having met all legal and regulatory requirements to conduct business. This status generally indicates a lower risk for alternative business lenders, as it suggests the business is compliant with state regulations and maintains the legal right to operate, which can be seen as a positive factor in assessing creditworthiness and operational stability; however, lenders should still conduct thorough due diligence on the business's financial health and performance metrics as part of their risk assessment process.

Maine

1. Active

The entity is currently operational and recognized by the state. It may or may not be in full compliance with all regulatory requirements. Lenders should conduct thorough due diligence to assess the entity's compliance status and operational stability, as this status alone doesn't guarantee full regulatory adherence.

2. Good Standing

The entity is fully compliant with all state requirements, including timely filing of reports and payment of fees. It is recognized as legally valid and authorized to conduct business. This status generally indicates a lower risk for lenders, as it demonstrates the entity's commitment to maintaining legal and financial obligations.

3. Not Good Standing

The entity has failed to meet one or more of the state's requirements, such as filing annual reports or paying fees, which affects its legal status. It may still operate but with restrictions. Lenders should exercise caution and investigate the specific reasons for this status, as it may indicate financial difficulties or management issues that could impact creditworthiness.

4. Administratively Suspended

The entity's status has been suspended by the state due to non-compliance with regulatory requirements. It is not authorized to conduct business until it rectifies the issues. This status represents a significant risk for lenders, as it indicates serious compliance issues and potential operational instability, which could affect the entity's ability to repay loans.

5. Cancelled

The entity's registration has been formally canceled, meaning it is no longer recognized as a legal entity authorized to do business in Maine. Lenders should avoid engaging with entities in this status, as they lack legal standing and the ability to enter into valid contracts, posing extreme risk for any lending activities.

6. Administratively Dissolved

The entity has been dissolved by the state due to failure to comply with legal obligations, such as filing required documents or paying fees. It is no longer authorized to operate. This status indicates severe non-compliance and operational cessation, making the entity an extremely high-risk prospect for lenders.

7. Dissolved

The entity has been formally dissolved, either voluntarily or involuntarily, and is no longer authorized to conduct business. Lenders should be aware that dissolved entities have ceased operations and lack legal standing, making them ineligible for most lending activities and posing significant recovery risks for any outstanding loans.

8. Authority of Foreign Entity Withdrawn

A foreign (out-of-state) entity has voluntarily withdrawn its authority to conduct business in Maine. It is no longer recognized as active in the state. Lenders should note that while the entity may still be operational in other states, its withdrawal from Maine could indicate a change in business strategy or financial circumstances, warranting careful evaluation of its overall stability and creditworthiness.

9. Authority Withdrawn

The authority of a foreign (out-of-state) entity to conduct business in Maine has been revoked by the state due to non-compliance with legal requirements. This status suggests serious compliance issues and potential operational instability in Maine, which could impact the entity's overall financial health and ability to meet loan obligations.

10. Expired

The entity's registration or authority to operate has expired due to failure to renew it in a timely manner. It is no longer authorized to conduct business. Lenders should approach entities with this status cautiously, as the expiration may indicate administrative oversights or more serious financial or operational issues that could affect creditworthiness.

11. Merged

The entity has merged with another entity and has ceased to exist independently. The surviving entity continues the business operations. Lenders should reassess the creditworthiness and stability of the surviving entity, considering the potential changes in financial structure, management, and operations resulting from the merger.

Maryland

1. Active

The entity is currently operational and in good standing, meeting all state requirements, such as filing necessary reports and paying fees. It is authorized to conduct business in Maryland. This status generally indicates a lower risk for lenders, as it suggests the business is compliant and financially responsible, potentially enhancing its creditworthiness and operational stability.

2. Forfeited

The entity has failed to comply with state requirements, such as filing reports or paying taxes, resulting in the forfeiture of its legal status. The entity is no longer authorized to conduct business and must take action to regain good standing. Lenders should exercise caution with forfeited entities, as this status may indicate financial difficulties, non-compliance, or operational instability, potentially increasing lending risks.

3. Dissolved

The entity has been formally dissolved, either voluntarily by its owners or involuntarily by the state. It has ceased all operations and is no longer authorized to conduct business. Dissolved entities present significant risks for lenders, as they are no longer operational and may have outstanding debts or legal issues, making them unsuitable for most lending activities.

4. Incorporated

The entity has been legally established as a corporation under Maryland law and is recognized as a separate legal entity from its owners. While incorporation provides some legal protections, lenders should still assess the business's financial health, operational history, and creditworthiness independently of its owners when making lending decisions.

5. Merged

The entity has merged with another entity, and it may no longer exist as a separate entity. The surviving entity continues operations under its name or a new name. Lenders should carefully evaluate the financial stability and creditworthiness of the surviving entity, considering any changes in ownership, management, or operations that may impact lending risks.

6. Old Name

The entity has changed its name, and this status refers to its former name before the change was legally recognized. Lenders should ensure they have up-to-date information on the entity's current name and status, verifying that the name change doesn't indicate any underlying issues that could affect the business's stability or creditworthiness.

7. Revived

The entity's status has been restored after it was previously forfeited or dissolved. It is now authorized to conduct business again after complying with state requirements. While revival indicates a commitment to compliance, lenders should carefully assess the reasons for the previous forfeiture or dissolution and evaluate the entity's current financial health and operational stability before making lending decisions.

8. Cancelled

The entity's registration has been formally canceled, meaning it is no longer recognized as a legal entity authorized to do business in Maryland. Cancelled entities pose significant risks for lenders, as they lack legal standing and are not authorized to conduct business, making them unsuitable candidates for most lending activities.

Minnesota

1. Active

The business is currently operational, has complied with all necessary filings, and is in good standing with the state. For lenders, this status generally indicates a lower risk profile, as it suggests the business is meeting its legal obligations and maintaining operational stability, which can positively impact its creditworthiness and ability to repay loans.

2. Inactive

The business is no longer active, which can be due to various reasons including failure to file annual reports, voluntary dissolution by the owners, or other compliance failures. This status raises significant red flags for lenders, as it indicates the business is no longer operational, which severely impacts its ability to generate revenue and repay loans, and may suggest past financial or compliance issues that could increase the risk of default.

Mississippi

1. Withdrawn by Merger

The entity has been withdrawn from the state registry due to a merger, typically absorbed by another entity. Lenders should be cautious as this status indicates a significant change in the business structure, potentially affecting creditworthiness and requiring a reassessment of the surviving entity's financial stability and lending terms.

2. Withdrawn

The entity has voluntarily withdrawn its business registration from  . This status suggests the business is no longer operating in Mississippi, which is crucial for lenders to consider as it may indicate a higher risk profile or the need to pursue lending opportunities in the new jurisdiction.

3. Cancelled

The entity's registration or authority to do business has been cancelled, often due to non-compliance or as part of a voluntary closure. Lenders should view this status as a red flag, indicating potential financial difficulties or regulatory issues that could significantly impact the business's ability to repay loans.

4. Dissolved

The business has been formally dissolved, ending its legal existence either voluntarily by its owners or involuntarily by the state due to compliance failures. This status is critical for lenders as it signifies the termination of the business entity, potentially affecting existing loans and eliminating future lending opportunities with this specific entity.

5. Void-Failure to File

The business registration has been declared void due to failure to file required annual reports or other necessary documents. Lenders should approach businesses with this status cautiously, as it may indicate poor administrative practices or financial difficulties that could impact loan repayment capabilities.

6. Name Change

The entity has legally changed its name; the status reflects that the records have been updated to reflect the new business name. While this status itself doesn't necessarily impact creditworthiness, lenders should ensure all documentation is updated to reflect the new name and investigate the reasons behind the change, as it could potentially signal rebranding due to past issues.

7. Merged

The business has merged with another entity. The original entity ceases to exist independently, and its assets and liabilities are absorbed by the surviving entity. Lenders need to reassess the creditworthiness of the surviving entity, considering the combined financial strength, potential synergies, and any assumed liabilities from the merged entity.

8. Good Standing

The business is compliant with all state regulations and filing requirements, and is authorized to conduct business in Mississippi. It has no outstanding penalties or non-compliance issues. This status is generally favorable for lenders, indicating regulatory compliance and potentially lower risk, though it should be considered alongside other financial and operational factors.

9. Revoked

The state has revoked the business's registration due to non-compliance with filing requirements, non-payment of fees, or other regulatory failures. The business is not authorized to operate until these issues are resolved and its status is reinstated. Lenders should view this status as a significant risk factor, indicating potential financial distress or management issues that could severely impact the business's ability to operate legally and repay loans.

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Missouri

1. Fictitious Expired

The registration for a fictitious name (often used for doing business as or DBA names) has expired and is no longer valid until renewed. Lenders should be cautious as this status may indicate poor administrative practices or financial difficulties, potentially impacting the business's ability to operate legally under that name and affecting its creditworthiness.

2. Cancelled

The business entity or fictitious name registration has been officially canceled, either by administrative action or voluntarily by the entity itself. This status suggests the business is no longer operational, presenting a high risk for lenders and indicating a need for thorough investigation before considering any lending activities.

3. Voluntarily Dissolved

The business entity has chosen to dissolve legally and cease operations through a voluntary process initiated by its owners or shareholders. Lenders should be aware that this status signifies the end of the business's operations, making it an extremely high-risk prospect for lending and likely ineligible for most financial products.

4. Term/Cancel

Indicates that the business entity's registration or authority has been terminated or canceled, often referring to foreign entities that no longer have the right to operate in Missouri. This status suggests a significant change in the business's legal standing and operational capacity, presenting substantial risks for lenders and requiring careful evaluation of any outstanding obligations.

5. Active

The business entity is registered and in good standing, actively operating, and compliant with all required filings and regulations. This status generally indicates a lower risk for lenders, as it suggests the business is meeting its legal obligations and maintaining operational stability, though further financial assessment is still necessary.

6. Admin Diss/Cancel - Report

The business entity was administratively dissolved or its registration was canceled due to failure to file required annual reports. This status raises concerns about the business's administrative practices and potentially its financial health, indicating a higher risk for lenders and necessitating thorough due diligence before considering any lending activities.

7. Fictitious Active

The fictitious name (DBA) is currently active and properly registered, allowing the business to operate under that name legally. While this status indicates compliance with name registration requirements, lenders should note that it doesn't necessarily reflect the overall financial health or operational status of the business, requiring further investigation.

8. Admin Diss/Cancel - Agent

The business entity was administratively dissolved or canceled because it failed to maintain a registered agent as required by law. This status suggests potential administrative negligence or financial difficulties, presenting increased risk for lenders and indicating a need for careful assessment of the business's current operational status and financial stability.

9. Good Standing

The business entity is compliant with all state requirements and has no outstanding administrative issues, making it legally authorized to conduct business. This status generally indicates a lower risk for lenders, as it suggests the business is meeting its legal and administrative obligations, though a comprehensive financial assessment is still necessary for lending decisions.

10. Forfeited

The business entity has lost its good standing due to non-compliance with state requirements, such as failing to file reports or pay fees. This status raises significant concerns about the business's administrative practices and potentially its financial health, indicating a higher risk for lenders and necessitating thorough due diligence before considering any lending activities.

11. Inactive - Merged

The business entity is no longer active because it has merged with another entity, and its separate legal existence has ceased. Lenders should be aware that while the business itself no longer exists independently, its obligations may have transferred to the new entity, requiring careful investigation of the merger terms and the surviving entity's financial status before making lending decisions.

12. Dissolved Nonprofit

A nonprofit entity has been formally dissolved, either voluntarily by its board or involuntarily by the state due to non-compliance with legal requirements. This status indicates the end of the nonprofit's operations, presenting a high risk for lenders and likely making the entity ineligible for most financial products, though careful consideration of any remaining assets or obligations may be necessary.

13. Withdrawn

The business entity, typically a foreign entity, has withdrawn its registration to operate in Missouri, ceasing its business activities in the state. This status suggests a significant change in the business's operations within Missouri, presenting substantial risks for lenders and requiring careful evaluation of any outstanding obligations or assets within the state before considering any lending activities.

Montana

1. Inactive-Partnership Expired

Indicates that a partnership has expired and is no longer active due to the passage of time or failure to renew its registration. Lenders should be cautious as this status suggests the business is no longer operational, potentially impacting its ability to repay loans and indicating a higher risk for lending.

2. Inactive Expired

Similar to Inactive-Partnership Expired, this status applies broadly to any business entity whose registration has lapsed due to non-renewal. This status raises red flags for lenders, as it indicates the business may no longer be actively operating, potentially affecting its creditworthiness and ability to generate revenue for loan repayment.

3. Voluntary Withdrawal

The business entity has chosen to withdraw its registration in Montana voluntarily. This is commonly used by foreign entities that no longer wish to operate in Montana. Lenders should be aware that this status indicates a deliberate cessation of operations in the state, which could signal a change in business strategy or financial difficulties, impacting the entity's overall stability and creditworthiness.

4. Involuntary Dissolution

The business has been dissolved by state action, typically due to non-compliance with filing requirements or regulatory obligations. This status is a significant concern for lenders, as it indicates severe compliance issues and potentially financial instability, making the business a high-risk prospect for lending.

5. Inactive-Cancelled

This status indicates that the entity's registration has been cancelled, either due to non-compliance, at the entity's request, or for administrative reasons like non-renewal of the registration. Lenders should approach these businesses with caution, as the cancelled status suggests potential operational or financial issues that could affect loan repayment capacity.

6. Active-Good Standing

This status signifies that the business is compliant with all Montana legal and filing requirements and is authorized to conduct business in the state. For lenders, this status is generally positive, indicating regulatory compliance and operational stability, which are favorable factors in assessing creditworthiness and lending risk.

7. Inactive-Revoked

The registration of the business has been revoked due to significant non-compliance with state laws, such as repeated failure to file required documents or pay fees. This status is a major red flag for lenders, indicating severe compliance issues and potentially financial instability, which significantly increases the risk associated with lending to such entities.

8. Expired Reserved Name

This status applies when a name that was reserved for potential use by a business entity has expired because the reservation period ended without the name being registered to an active business entity. While not directly indicative of operational or financial status, lenders should note that this could signal a delay or change in business plans, potentially affecting the entity's readiness for lending.

Nebraska

1. Inactive

This status is assigned to business entities that are no longer active, which could be due to several reasons such as non-compliance with annual filing requirements, failure to maintain a registered agent, or the business voluntarily ceasing operations. An inactive status means the business is not in good standing and cannot legally conduct business until it resolves the issues leading to its inactive status. For lenders, this status raises significant red flags, indicating potential financial distress, operational instability, or legal non-compliance, which substantially increases lending risk and necessitates thorough investigation before considering any lending decisions.

2. Active

This status indicates that the business entity is currently operational and has met all legal and filing requirements set forth by the state of Nebraska. The entity is in good standing and is authorized to conduct business within the state. For alternative business lenders, an active status generally suggests a lower risk profile, as it demonstrates the business's compliance with state regulations and ongoing operations, potentially indicating better creditworthiness and operational stability, though further financial assessment is still necessary for a comprehensive risk evaluation.

Nevada

1. Withdrawn

This status indicates that the entity has voluntarily withdrawn its business registration in Nevada, typically when a foreign corporation decides to cease operations in the state. For lenders, this status suggests the business has intentionally ended its operations in Nevada, potentially impacting its overall financial stability and ability to repay loans, especially if Nevada was a significant market for the company.

2. Revoked

The state has revoked the entity's business license or registration due to non-compliance with filing requirements, such as failing to submit annual lists or not maintaining a registered agent. This status raises red flags for lenders, as it indicates potential financial or operational issues, non-compliance with regulatory requirements, and increased risk in lending to such entities.

3. Permanently Revoked

Similar to "Revoked", but in this case, the revocation is permanent, typically due to repeated non-compliance or severe infractions. This status generally bars the entity from reinstating its business license in the state. For lenders, a permanently revoked status signifies a high-risk borrower, as it suggests a history of serious non-compliance and an inability to legally operate in Nevada, severely impacting the business's creditworthiness and operational viability.

4. Expired

This status is used for entities such as LLCs or corporations whose registration period has lapsed without renewal, often applied to business names or trademarks that are not renewed by the deadline. Lenders should approach businesses with expired status cautiously, as it may indicate financial difficulties, poor management, or a cessation of operations, all of which could affect the business's ability to repay loans.

5. Dissolved

The business has been legally dissolved, either voluntarily by resolution of its members or owners, or involuntarily by action from the state due to non-compliance with statutory requirements. For lenders, a dissolved status typically means the business has ceased operations, presenting a high risk for lending as there may be no ongoing revenue stream or assets to secure loans.

6. Default

This status is assigned to entities that have failed to comply with state requirements such as filing annual lists or paying the required fees, putting them in default of their obligations to the state. Lenders should view businesses in default status as higher risk, as it may indicate financial struggles, poor management, or a lack of attention to regulatory compliance, all of which could impact the business's stability and ability to meet loan obligations.

7. Active

The business entity is in good standing with the Nevada Secretary of State, having met all necessary legal and filing requirements. It is authorized to conduct business in the state. For lenders, an active status is generally positive, indicating compliance with state regulations and ongoing operations, which suggests a lower risk profile for lending decisions, though further financial due diligence is still necessary.

New Hampshire

1. Expired

The business entity's registration or filing has expired due to non-renewal by the required deadline. This status suggests potential operational issues or financial difficulties, increasing lending risk and requiring careful assessment of the business's current status and reasons for expiration.

2. Administratively Dissolved

The business has been dissolved by the state due to non-compliance with administrative requirements, such as failure to file annual reports or maintain a registered agent. Lenders should be extremely cautious, as this status indicates significant non-compliance and potential cessation of operations, severely impacting creditworthiness and operational stability.

3. Good Standing

The business entity is compliant with all filing and regulatory requirements, allowing it to operate legally within the state. This status generally indicates a lower risk for lenders, as it suggests the business is responsibly managing its administrative obligations and maintaining operational stability.

4. Dissolved

The business has been formally dissolved, either voluntarily by its owners or involuntarily by the state, and it has ceased operations. Lenders should avoid extending credit to dissolved entities, as they no longer legally exist and have no operational capacity to repay loans.

5. Not In Good Standing

The business is not compliant with state requirements, which may include filing failures, unpaid fees, or other regulatory non-compliances. This status raises red flags for lenders, indicating potential financial or operational issues that could impact the business's ability to meet loan obligations.

6. Active

The business is registered with the state, has met all necessary compliance requirements, and is authorized to conduct business. While this status is generally positive for lenders, it should be considered alongside other financial and operational factors to fully assess creditworthiness and stability.

7. Withdrawn

The entity has formally withdrawn its business registration in New Hampshire, typically done by foreign entities that decide to cease operations in the state. Lenders should be wary of extending credit to withdrawn entities in New Hampshire, as they no longer have legal authorization to operate in the state.

8. Admin. Suspension

The business's operations have been temporarily suspended by the state due to non-compliance with regulatory or filing requirements. This status indicates significant compliance issues, potentially affecting the business's operational stability and ability to generate revenue, thus increasing lending risk.

9. Rejected

A filing made by the business (such as for registration or for a specific transaction) has been rejected by the state due to errors, incompleteness, or failure to meet statutory requirements. While not necessarily indicating financial issues, this status suggests potential administrative challenges that could impact the business's stability and compliance, warranting closer scrutiny from lenders.

10. Administratively Suspended Name Protection

This specific suspension relates to the protection of a business name, indicating that the business's right to its name has been suspended due to non-compliance with certain administrative obligations. While primarily an administrative issue, this status may signal broader compliance problems, potentially affecting the business's operational stability and creditworthiness.

11. Administratively Suspended

This is a broader suspension status indicating that the business has not met required administrative conditions, leading to a temporary halt of its legal authority to operate. Lenders should approach such businesses with caution, as this status suggests significant compliance issues that could impact the entity's ability to operate legally and generate revenue.

New Mexico

1. Revoked Final

This status indicates that the entity's registration has been permanently revoked due to non-compliance with statutory requirements, such as failure to file annual reports or pay required fees, and the entity has not rectified the situation within the allowed timeframe. Lenders should consider this status as a significant red flag, indicating severe non-compliance and potential financial instability, making the entity an extremely high-risk prospect for lending.

2. Active

The entity is currently operational, compliant with all required filings and regulations, and is legally authorized to conduct business in New Mexico. This status generally suggests a lower risk for lenders, as it indicates the business is meeting its legal obligations and maintaining good standing, which can be a positive indicator of operational stability and financial responsibility.

3. Revoked

Similar to Revoked Final, but this status may still allow for a period during which the entity can rectify its non-compliance issues to regain its active status. Lenders should approach these entities with caution, as the revoked status indicates significant compliance issues, but the potential for reinstatement suggests the business may be working to resolve these problems, requiring careful assessment of the entity's current efforts and financial situation.

4. Cancelled

The entity's registration or authority to operate has been cancelled, typically at the request of the business or due to administrative processes when transitioning out of business activities. This status suggests the business is no longer operational, presenting a high risk for lenders and likely making the entity ineligible for most lending products due to its ceased operations.

5. Inactive

This status indicates that the entity is not currently conducting business activities, but it still exists legally. This can be due to various reasons, such as suspension or temporary cessation of operations. Lenders should be wary of inactive entities, as this status suggests a pause in operations that could impact the business's ability to generate revenue and repay loans, requiring thorough investigation into the reasons for inactivity and plans for resuming operations.

6. Withdrawal

This status is used when a foreign (out-of-state) entity formally withdraws its registration to operate in New Mexico, often when ceasing operations or relocating. For lenders, this status indicates that the business is no longer authorized to operate in New Mexico, which could significantly impact its ability to generate revenue in the state and may signal broader operational changes or challenges, necessitating a reassessment of any existing loans or lending considerations.

7. Voluntary Dissolution

The entity has chosen to dissolve legally and cease all operations, a process initiated voluntarily by its owners or shareholders. This status represents a high risk for lenders, as it indicates the business is in the process of closing down, likely making it ineligible for new loans and potentially impacting the repayment of existing debts.

8. New Corporation

Indicates that the entity is newly registered and has been recently incorporated under New Mexico law. While this status suggests a legally compliant start, lenders should note that new corporations often lack extensive credit history or proven operational stability, potentially representing higher risk and requiring more thorough due diligence in lending decisions.

9. Involuntarily Stricken

The entity has been removed from the registry involuntarily due to non-compliance with critical legal requirements or failure to respond to official communications regarding its status. This status is a significant red flag for lenders, indicating severe compliance issues and potential operational or financial problems, likely making the entity an unsuitable candidate for lending.

10. Dissolved

This status signifies that the entity has been formally dissolved and is no longer in existence. This can occur either voluntarily or involuntarily. For lenders, a dissolved status indicates that the business has ceased to exist legally, presenting an extremely high risk and making the entity ineligible for lending, with potential implications for any outstanding loans.

11. Statement Of Intent To Dissolve

This status is declared when an entity files a formal intention to dissolve with the Secretary of State, beginning the process of winding down operations and eventually leading to dissolution. Lenders should view this status as a clear indicator of impending business closure, representing a high risk for new lending and potentially affecting the repayment of existing loans, necessitating immediate review of any current financial engagements with the entity.

New York

1. Active

This status indicates that the business entity is currently operational, compliant with all filing requirements, and in good standing with the New York Department of State. An active status means the business is authorized to conduct operations within the state and has met all necessary legal and regulatory obligations. For lenders, this status generally suggests a lower risk profile, as it indicates the business is meeting its legal and financial responsibilities, which can be a positive indicator of operational stability and creditworthiness.

2. Inactive

This status means that the business entity is no longer active. This could be due to several reasons, such as failure to file required annual reports, non-payment of fees, or voluntary dissolution by the owners. An inactive status means the entity is not currently authorized to conduct business operations until any issues are resolved and the status is updated back to active, if applicable. Lenders should approach inactive businesses with caution, as this status may indicate financial difficulties, non-compliance, or cessation of operations, all of which significantly increase lending risk and raise concerns about the business's ability to repay loans or maintain stable operations.

North Carolina

1. Current - Active

The entity is current on all required documents and active on the NC Business Registry. This status indicates a business is compliant and operational, suggesting a lower risk profile for lenders and potentially better creditworthiness.

2. Multiple

An entity which is administratively dissolved or administratively revoked and suspended by the Department of Revenue or a licensing board. The word "multiple" indicates there is more than one applicable status. This status suggests significant compliance issues, potentially indicating higher risk for lenders and possible operational instability.

3. Suspended

The North Carolina Department of Revenue notified the NC Department of the Secretary of State to suspend the entity. No documents can be filed on an entity which is suspended by the Department of Revenue, with the exception of a Statement of Resignation of Registered Agent. This status indicates serious tax compliance issues, signaling high risk for lenders and potential operational challenges.

4. Dissolved

An entity filed Articles of Dissolution to close their business. They are not active on the NC Business Registry. This status indicates the business has voluntarily ceased operations, presenting significant risk for lenders and suggesting no ongoing business activity.

5. In Process

This status is used when a submission for a creation filing is received and the document is in process of being examined and filed. While this status indicates a new business formation, lenders should exercise caution as the entity is not yet fully established and may lack operational history.

6. Cancelled

An entity that filed a Certificate of Cancellation of its Registration of Limited Partnership, Limited Liability Partnership, or Limited Liability Limited Partnership. The entity s is no longer active on the NC Business Registry. This status signifies the business has voluntarily terminated its registration, presenting high risk for lenders and indicating cessation of operations.

7. Admin. Dissolved

The entity progressed through the administrative dissolution process without filing the required filings and a Certificate of Administrative Dissolution was issued. No documents, except changes to the Registered Agent can be filed on an administratively dissolved company. This status suggests severe compliance issues, indicating high risk for lenders and potential operational instability.

8. Revoked

The entity progressed through the administrative revocation process without filing the required filings and a Certificate of Administrative Revocation was issued. This status indicates significant non-compliance, suggesting high risk for lenders and potential operational and legal challenges.

9. Doc Tracking Canceled

This status indicates that the processing or tracking of a document, often within a governmental or organizational system, has been halted and effectively canceled. While this status may not directly impact the business's operations, it could signal administrative issues that lenders should investigate further.

10. Withdrawn

When a foreign entity doesn't want to do business in North Carolina and withdrawals their Certificate of Authority to do business in North Carolina. This status indicates the business has voluntarily ceased operations in the state, potentially impacting its market presence and financial stability.

11. PA Suspended

This status is used when a licensing board under N.C.G.S. Chapter 55B has suspended a business entity of record. This status suggests professional licensing issues, which could significantly impact the business's ability to operate and generate revenue, presenting increased risk for lenders.

12. Withdrawn by Merger

This status is used when a foreign entity registered with the NC Department of the Secretary of State, merges with another foreign entity or has converted to another foreign entity and the registration is no longer needed in North Carolina. This status indicates a significant change in business structure, which may impact the entity's financial stability and creditworthiness, requiring careful assessment by lenders.

13. Auto Dissolve

The General Assembly passed a bill to automatically dissolve entities for specific reasons. This status suggests the business has been forcibly dissolved due to legislative action, indicating high risk for lenders and likely cessation of operations.

14. Failure to Pay Fee

This status is used by the Budget Office when a creation document is submitted and there is an issue with the filing fee, such as non-sufficient funds or a closed account. This status may indicate financial difficulties or administrative oversights, potentially signaling increased risk for lenders and requiring further investigation into the business's financial management practices.

North Dakota

1. Inactive - Expired

This status indicates that the business entity's registration has expired due to the non-renewal of its business registration or other required periodic filings. Lenders should be cautious when considering loans to businesses with this status, as it suggests potential financial difficulties or operational instability, and may indicate increased risk due to the entity's non-compliance with state regulations.

2. Inactive - Involuntary

The entity has been made inactive against its wishes, usually due to non-compliance with state regulations such as failing to file annual reports or not maintaining a registered agent. This status raises significant red flags for lenders, as it indicates serious compliance issues and potential operational or financial problems, which could negatively impact the business's ability to repay loans.

3. Active

This status signifies that the business entity is in good standing with the state, having fulfilled all legal and filing requirements, and is authorized to conduct business in North Dakota. Active status generally indicates a lower risk for lenders, as it suggests the business is compliant, operational, and maintaining its legal obligations, which are positive factors for creditworthiness assessment.

4. Inactive - Converted Out

This status applies to a business entity that has changed its business type or structure and has registered as a new type of entity, typically in a different jurisdiction, ceasing to exist in its previous form in North Dakota. Lenders should be aware that this status may require additional due diligence to understand the implications of the conversion on the business's financial stability and legal standing in its new jurisdiction.

5. Inactive - Voluntary

The entity has chosen to become inactive on its own accord, which could involve voluntarily dissolving, withdrawing, or ceasing operations without transitioning to another state. This status presents significant risks for lenders, as it indicates the business has intentionally ceased operations in North Dakota, potentially impacting its ability to generate revenue and repay loans.

6. Inactive - Merged

This status is assigned to an entity that has merged with another entity, resulting in the cessation of its original corporate structure and operations under that registration in North Dakota. Lenders should carefully evaluate the implications of the merger on the business's financial health, operational stability, and legal obligations, as these factors can significantly impact the risk assessment and lending decision.

Ohio

1. Active

This status indicates that the business entity is currently in good standing with the Ohio Secretary of State. The entity has complied with all filing requirements and is authorized to conduct business in Ohio. For lenders, this status suggests a lower risk profile, as it demonstrates the business's commitment to regulatory compliance and ongoing operations, potentially indicating better creditworthiness and operational stability.

2. Held

This status often implies that the business's status is in a temporary state due to administrative reasons, such as pending review or processing of documentation. It may also relate to the reservation of a business name or other temporary measures that hold the status until final actions are completed. Lenders should approach businesses with this status cautiously, as it may indicate a transitional phase or unresolved administrative issues, potentially impacting the business's immediate ability to engage in certain transactions or access credit.

3. Dead

This status means that the business entity has been dissolved, either voluntarily by the business owners, involuntarily by the state due to non-compliance with filing requirements, or because it has merged into another entity. A "Dead" status entity is no longer authorized to conduct business. This status represents a significant risk for lenders, as it indicates the business has ceased operations and is no longer a legal entity, making any lending extremely risky and potentially impossible due to the lack of a valid borrowing entity.

4. Cancelled

This status indicates that the registration of the business entity has been cancelled. This can occur for various reasons, including the business voluntarily deciding to cancel its own registration or the state cancelling it due to non-compliance with legal requirements. For lenders, a cancelled status raises serious concerns about the business's operational status and legal standing, significantly increasing lending risk and potentially rendering the business ineligible for most forms of credit due to its lack of valid registration.

Oklahoma

1. Legal In use

This status indicates that the business name or trademark is currently in active use and registered under state law, fully compliant with all filing requirements. For lenders, this status suggests a business is operational and compliant, potentially indicating a lower risk profile, though further financial assessment is still necessary.

2. Legal Inactive

This status signifies that the business name or trademark is no longer in active use. It may not be dissolved but is not currently engaged in business activities or the name is not being used commercially. Lenders should exercise caution with inactive businesses, as this status may indicate financial difficulties or a pause in operations, potentially increasing lending risk.

3. Legal Expired

This status means that the registration for the business name or trademark has expired due to the entity not renewing it within the required timeframe. For lenders, an expired status raises red flags about the business's compliance and potentially its financial health, warranting careful scrutiny in lending decisions.

4. Tradename Active

This status indicates that a tradename (also known as a "doing business as" or DBA name) is currently active and legally registered, in use by the business entity. While an active tradename suggests ongoing business operations, lenders should verify that this aligns with the primary business entity's status and financial standing.

5. Legal Former

This status is used when a business name or trademark was previously in use but has since been changed or abandoned. The entity continues under a new name or registration. Lenders should investigate the reasons for the name change and ensure continuity of operations and financial stability under the new entity.

6. Tradename Withdrawn

This status means that the tradename registration has been formally withdrawn, either voluntarily by the business entity or due to compliance failures. For lenders, a withdrawn tradename may signal changes in business strategy or potential compliance issues, necessitating a thorough review of the business's current operational and financial status.

7. Tradename Transferred

This status indicates that the rights to use a tradename have been transferred from one entity to another, through a legal process of assignment or sale. Lenders should carefully assess the implications of this transfer on the business's operations, ownership structure, and financial obligations to understand potential risks or opportunities.

8. Fictitious Expired

Similar to "Legal Expired," this status refers to a fictitious business name or DBA that has not been renewed by the deadline and therefore its registration has lapsed. An expired fictitious name may indicate oversight in compliance or potential changes in business operations, prompting lenders to investigate the current status of the business and its financial health before making lending decisions.

Oregon

1. ACT - Active

Active. This status indicates that the business is currently operating and in compliance with state requirements, suggesting a lower risk profile for lenders due to the entity's ongoing operations and regulatory adherence.

2. DEL - Deleted

Deleted. This status implies that the business entity has been removed from state records, signaling a high risk for lenders as the company may no longer exist legally or operationally, potentially impacting loan repayment ability and overall creditworthiness.

3. INA - Inactive

Inactive. An inactive status suggests the business is not currently operating, which could indicate financial difficulties or a temporary cessation of activities, raising concerns for lenders about the entity's ability to generate revenue and repay loans.

4. IP - In Process

In Process. This status indicates that the business entity is in the process of being formed or registered, which may present both opportunities and risks for lenders, as the business is not yet fully established but could be seeking startup capital.

5. NON -  Nonfileable

Nonfileable. These entities are not yet filed for various reasons. This status suggests potential compliance issues or incomplete documentation, which could raise red flags for lenders regarding the business's organizational stability and adherence to regulatory requirements.

6. UNF - Unfiled

Unfiled. An unfiled status may indicate that the business has not completed necessary filings or registrations, potentially signaling compliance issues or operational instability that lenders should carefully consider in their risk assessment process.

Pennsylvania

1. Active

The business entity is registered and compliant with all state requirements, allowing it to legally operate within Pennsylvania. This status generally indicates a lower risk for lenders, as it suggests the business is meeting its legal obligations and maintaining good standing, which can be a positive indicator of operational stability and financial responsibility.

2. Inactive - Dissolved

The entity has been formally dissolved and is no longer authorized to conduct business. Dissolution could be voluntary or forced by the state due to non-compliance. Lenders should exercise extreme caution when considering lending to dissolved entities, as they no longer have legal authority to operate and may face significant challenges in repaying loans or maintaining creditworthiness.

3. Inactive - Terminated

Similar to dissolution, this status indicates the entity has been officially terminated and ceased to exist legally. This status presents a high risk for lenders, as the business no longer exists as a legal entity, making loan recovery extremely difficult and potentially impossible.

4. Inactive - Expired

This status generally applies to entities such as limited partnerships, limited liability partnerships, or limited liability companies where registration or existence has a time limit which has expired. Lenders should be wary of businesses with this status, as it indicates a failure to maintain proper registration, which could signal operational instability or financial difficulties.

5. Inactive - Cancelled

The registration or authority of the entity to operate has been cancelled, typically due to non-compliance, failure to file necessary renewals, or non-payment of fees. This status raises significant red flags for lenders, as it suggests the business has failed to meet basic operational requirements, potentially indicating financial distress or mismanagement.

6. Inactive - Merged Out

The entity has merged with another entity and no longer exists as a separate legal entity. While this status doesn't necessarily indicate financial trouble, lenders should carefully assess the new merged entity's financial health and creditworthiness, as the original borrower no longer exists independently.

7. Active - County Orphan

This is a less common status and typically refers to entities that have been taken over by a county due to abandonment or lack of proper succession or management. Lenders should approach businesses with this status with extreme caution, as it indicates significant management issues and potential financial instability, making loan repayment highly uncertain.

8. Inactive - Withdrawn - Consolidated Inactive

The entity has formally withdrawn its business operations from the state and consolidated its activities, making it inactive in Pennsylvania. This status suggests the business is no longer operating in Pennsylvania, which could significantly impact its ability to repay loans and maintain creditworthiness in the state, requiring lenders to reassess the risk associated with any existing or potential loans.

Rhode Island

1. Cancelled

This status indicates that the business entity's registration has been cancelled, either voluntarily by the business owners or involuntarily by the state due to non-compliance with regulatory requirements. For lenders, this status suggests a high-risk situation, as the business is no longer legally recognized and may have ceased operations, significantly impacting its ability to repay loans or maintain financial obligations.

2. Conversion

This status is used when a business entity changes its type (e.g., from a corporation to an LLC) through a legal process known as conversion. Lenders should be aware that while this status doesn't necessarily indicate financial instability, it may require reassessment of the business's legal structure, tax obligations, and potential changes in liability, which could impact lending decisions and risk assessment.

3. Dissolved

Indicates that the business has been legally dissolved, which may occur either voluntarily by resolution of its members or involuntarily by the state due to non-compliance. This status is a red flag for lenders, signaling the end of the business's operations and a high risk for any outstanding loans, as the entity no longer exists legally and may have limited assets for repayment.

4. Revoked Authority

This status refers to foreign entities whose authority to operate in Rhode Island has been revoked due to non-compliance with state requirements such as failure to file annual reports or pay necessary fees. For lenders, this status indicates a significant risk, as it suggests the business is non-compliant and may face legal and operational challenges in the state, potentially affecting its ability to generate revenue and meet financial obligations.

5. Revoked Entity

Similar to "Revoked Authority," but this applies to domestic entities that have had their business license or registration revoked due to non-compliance. This status represents a high-risk scenario for lenders, as it indicates severe non-compliance issues that have resulted in the loss of legal operating status, potentially impacting the business's ability to function and repay loans.

6. Name Reservation

This status means a particular business name has been reserved; the reservation holds the name for a specified period, preventing other entities from registering under the same name. While not directly indicative of operational or financial status, lenders should note that this status suggests a business may be in its early planning stages, requiring careful assessment of business plans and potential risks associated with startup ventures.

7. Withdrawn

This status is assigned when a business formally withdraws its operations from Rhode Island, typically when it ceases to do business in the state or moves to another jurisdiction. Lenders should view this status as a potential risk, as it may indicate a reduction in operations or market presence, which could impact the business's revenue streams and ability to service debt in the state.

8. Merged into an entity of record

This status is used when a business merges into another entity, and as a result, it ceases to exist as a separate legal entity. For lenders, this status necessitates a reevaluation of any existing loans or credit agreements, as the original borrowing entity no longer exists independently, and obligations may have transferred to the new merged entity, potentially altering the risk profile.

9. Forfeited

This status often refers to the loss of the business's good standing due to failure to meet legal obligations such as filing annual reports or paying fees, similar to dissolution. Lenders should consider this a high-risk status, as it indicates non-compliance with state requirements and potential financial difficulties, which may significantly impact the business's operational stability and ability to meet loan obligations.

10. Expired

This status is typically used for businesses that have not renewed their registration or other required credentials and thus are no longer legally recognized to operate. For lenders, an expired status represents a significant risk, as it suggests the business may no longer be operating legally, potentially impacting its ability to generate revenue and maintain financial stability necessary for loan repayment.

11. Revocation Notice

This is a notice issued prior to the actual revocation of a business's status, typically warning of pending revocation due to non-compliance with statutory requirements. While not a final status, lenders should view this as a serious warning sign, indicating potential compliance issues that could lead to loss of legal operating status if not addressed promptly, thus increasing the risk profile of the business.

South Carolina

1. Forfeited

This status indicates that the entity has lost its good standing with the state due to failure to comply with statutory requirements such as filing annual reports or paying fees. This can affect the entity's ability to legally operate within the state. For lenders, a forfeited status raises significant red flags about the business's financial management and compliance practices, potentially indicating higher risk and requiring careful consideration before extending credit.

2. Good Standing

An entity in good standing is fully compliant with all South Carolina state requirements, such as filing annual reports and paying necessary fees, and is authorized to conduct business. This status generally suggests a lower risk profile for lenders, as it indicates the business is responsibly managing its regulatory obligations and maintaining its legal right to operate, which can be viewed positively in credit assessments.

3. Dissolved

This status means the entity has been formally dissolved either voluntarily by its members or involuntarily by the state due to non-compliance with required regulations. Once dissolved, the entity ceases to legally exist. Lenders should be extremely cautious when encountering a dissolved status, as it signifies the business is no longer operational, potentially impacting loan repayment ability and raising serious concerns about creditworthiness.

4. Reserved

This status is used when a name has been reserved for future use by a business entity. This prevents other entities from registering the same name for a specified period, typically for 120 days. While a reserved status doesn't directly impact lending decisions, it may indicate a business in its early planning stages, requiring lenders to gather more information about the entity's operational status and financial projections before considering any lending arrangements.

5. No agent

This indicates that the entity currently does not have a registered agent on file. A registered agent is necessary for receiving legal service of process and other official communications in the state. For lenders, the absence of a registered agent may signal compliance issues or operational instability, potentially increasing the risk associated with lending to the business and necessitating further investigation into the entity's current status and management practices.

South Dakota

1. Active

The entity is currently in good standing and legally authorized to operate in South Dakota. This status signifies that all required filings and payments are up-to-date. For lenders, this status generally indicates a lower risk profile, as it suggests the business is compliant and operationally stable, potentially enhancing its creditworthiness.

2. Cancelled

This status indicates that the business entity's registration has been canceled, either voluntarily by the business or involuntarily by the state, often due to non-compliance with filing requirements or failure to pay fees. Lenders should exercise extreme caution when considering loans to cancelled entities, as this status implies a significant disruption in operations and potential financial instability.

3. Delinquent

The entity has failed to comply with certain statutory requirements, such as filing reports or paying fees, which places it at risk of being dissolved or having its status revoked if not rectified. This status raises red flags for lenders, indicating potential financial difficulties or management issues that could impact the business's ability to repay loans.

4. Dissolved

The business entity has been formally dissolved, either voluntarily by its owners or involuntarily by the state due to non-compliance. It is no longer legally recognized to operate in South Dakota. Lenders should avoid extending credit to dissolved entities, as they no longer have legal standing and are unlikely to generate revenue or repay debts.

5. Dissolved (Administrative)

The entity has been dissolved by the state due to failure to meet administrative requirements, such as not filing required reports or not maintaining a registered agent. This status indicates severe compliance issues and operational instability, making such entities high-risk prospects for lenders.

6. Good Standing

The entity has met all statutory requirements, such as filing annual reports and paying fees, and is authorized to conduct business in South Dakota without any penalties or compliance issues. For lenders, this status is generally favorable, suggesting responsible management and compliance, which may correlate with better financial health and loan repayment capacity.

7. Inactive (Other)

This status indicates that the entity is no longer active in South Dakota due to reasons other than dissolution or termination, such as a lapse in renewal or temporary suspension. Lenders should approach inactive entities with caution, as this status suggests a pause in operations that could impact the business's ability to generate revenue and repay loans.

8. Terminated

This status indicates that the entity's existence has been ended, either by reaching a specified end date set at formation or through a formal process of termination initiated by the entity or mandated by the state. Lenders should avoid extending credit to terminated entities, as they no longer have legal standing to operate or enter into new financial obligations.

9. Withdrawn

This status is applied to foreign entities that have voluntarily decided to cease operations in South Dakota and have formally withdrawn their registration with the state. For lenders, a withdrawn status indicates that the entity no longer has a legal presence in South Dakota, which could significantly impact its ability to conduct business and repay loans in the state.

Tennessee

1. Active

The entity is in good standing and legally authorized to conduct business in Tennessee. It has met all filing requirements and is current with any necessary fees. This status generally indicates a lower risk for lenders, as it suggests the business is compliant with state regulations and likely maintains good financial practices.

2. Inactive

This status indicates that the entity is no longer active or in good standing. The entity may have failed to meet certain state requirements, such as filing annual reports or paying fees. Lenders should exercise caution when considering loans to inactive entities, as this status may indicate financial difficulties or operational instability.

3. Inactive - Name Changed

The entity's status is inactive due to its name being changed. This status often indicates that the original entity is no longer active under its former name, possibly due to rebranding or restructuring. Lenders should verify the current legal name and status of the business, as well as investigate the reasons behind the name change to assess any potential risks.

4. Inactive - Name Cancelled

The entity's status is inactive because its name registration has been cancelled. This could occur if the entity fails to renew its assumed name or if the name was voluntarily cancelled by the entity. Lenders should be cautious, as this status may indicate a lack of attention to administrative details or potential cessation of operations.

5. Inactive - Dissolved (Administrative)

This status indicates that the entity has been administratively dissolved by the state due to failure to comply with state requirements, such as not filing annual reports or not maintaining a registered agent. This status raises significant concerns for lenders, as it suggests serious compliance issues and potential financial instability.

6. Inactive - Name Expired

This status means the entity's registered name has expired, likely because the entity did not renew the name registration within the required timeframe. While this may be an administrative oversight, lenders should investigate further to ensure the business is still operational and financially stable.

7. Inactive - Revoked (Revenue)

The entity's status has been revoked due to issues related to the Department of Revenue, such as failing to pay taxes or other financial obligations. This status is a red flag for lenders, indicating significant financial problems and potential legal issues that could affect the business's ability to repay loans.

8. Inactive - Terminated

This status indicates that the entity has been terminated and is no longer authorized to conduct business in Tennessee. Termination can be voluntary or due to failure to comply with legal obligations. Lenders should avoid extending credit to terminated entities, as they no longer have legal standing to operate in the state.

9. Inactive - Expired

The entity's status is inactive because it has not renewed its registration or other credentials necessary for legal operation within the required timeframe. This status suggests potential operational issues or neglect of administrative responsibilities, which may indicate broader financial or management problems that could impact creditworthiness.

10. Inactive - Withdrawn

This status applies to foreign entities that have voluntarily withdrawn their registration from Tennessee and are no longer authorized to conduct business in the state. Lenders should be aware that these entities may still be active in other states but have chosen to cease operations in Tennessee, which could affect their overall financial stability and ability to repay loans.

Texas

1. Exemption

This status indicates that the entity has been granted an exemption from certain filing or regulatory requirements under specific conditions outlined by Texas law. Lenders should be aware that while exempted entities may have reduced regulatory burdens, this status could potentially impact the availability of public records or standard financial documentation, necessitating additional due diligence in the lending process.

2. Involuntary Termination

This status means the entity's existence has been terminated by the state without the entity's consent, typically due to failure to comply with legal requirements such as filing annual reports or paying necessary fees. For lenders, this status is a significant red flag, indicating severe non-compliance issues and likely operational instability, which would substantially increase lending risk and potentially render the entity ineligible for most financing options.

3. Involuntary Termination of Registration

Similar to involuntary termination, this status indicates that a foreign entity's registration to conduct business in Texas has been terminated by the state due to non-compliance with state requirements. Lenders should view this status as a major concern, as it suggests the entity is no longer legally authorized to operate in Texas, potentially impacting its ability to generate revenue and repay loans in the state.

4. Registration

This status indicates that the entity is properly registered with the state of Texas and has filed all necessary paperwork to legally operate within the state. For lenders, this status generally suggests a baseline level of compliance and operational legitimacy, which can be viewed favorably in initial risk assessments, though further financial due diligence would still be necessary.

5. Registration Exemption

This status indicates that the entity is exempt from registering with the state, usually under specific statutory conditions that apply to certain types of organizations or activities. Lenders should note that while this status may be legitimate, it could potentially limit the availability of standard public records, requiring additional verification of the entity's legal status and financial health during the lending process.

6. Registration in Suspense

This status indicates that the entity's registration is temporarily suspended, often pending resolution of compliance issues such as missing filings or unpaid fees. For lenders, this status raises concerns about the entity's current operational status and financial stability, suggesting a need for careful investigation into the reasons for suspension and the likelihood of resolution before considering any lending decisions.

7. Suspense

This status signifies that the entity's operations are temporarily suspended. It may be due to administrative reasons or ongoing investigations, which prevent the entity from conducting normal business activities. Lenders should view this status as a significant risk factor, indicating potential legal or financial issues that could severely impact the entity's ability to generate revenue and meet loan obligations.

8. Voluntary Termination

This status means the entity has voluntarily chosen to terminate its existence. The decision is typically made by the entity's owners or board of directors and involves filing the necessary termination documents with the state. For lenders, this status effectively eliminates lending opportunities, as the entity is in the process of ceasing operations and winding down its affairs.

9. Voluntary Termination Exemption

This status indicates that an entity is exempt from certain requirements related to voluntary termination, possibly under specific conditions or laws applicable to its business type. Lenders should approach entities with this status cautiously, as it suggests the business is in the process of termination, albeit under special circumstances, which could significantly impact its ability to repay loans or maintain operations.

10. Voluntary Termination of Registration

This status applies to foreign entities that have voluntarily chosen to terminate their registration to do business in Texas and have filed the necessary documents to cease operations in the state. Lenders should consider this status as a clear indication that the entity is no longer authorized to conduct business in Texas, significantly increasing lending risk and potentially eliminating lending opportunities within the state.

11. Voluntary Termination of Registration Exemption

This status means that the entity is exempt from specific requirements related to the voluntary termination of its registration, under conditions defined by Texas law. For lenders, this status suggests that the entity is in the process of ceasing operations in Texas under special circumstances, which could significantly impact its ability to generate revenue or repay loans within the state, necessitating careful evaluation of any lending decisions.

Utah

1. Active

This status indicates that the business entity is in good standing with the state of Utah. It has met all necessary legal requirements, including filing annual reports and maintaining a registered agent, and is authorized to conduct business within the state. For lenders, an active status generally suggests a lower risk profile, as it demonstrates the business's compliance with state regulations and ongoing operational stability, which can positively impact creditworthiness assessments.

2. Expired

The status of "Expired" means that the business entity's registration has not been renewed by the required deadline, resulting in the loss of its good standing. The entity is no longer authorized to conduct business in Utah until it renews its registration and meets all state requirements. Lenders should approach expired entities with caution, as this status may indicate financial difficulties, operational issues, or negligence in maintaining legal compliance, potentially increasing the risk associated with lending to such businesses.

3. Delinquent

A "Delinquent" status indicates that the business entity has failed to comply with certain state requirements, such as filing necessary documents or paying required fees. Entities in this status may face penalties and are at risk of having their status changed to inactive or dissolved if the delinquency is not corrected. For alternative business lenders, a delinquent status raises red flags regarding the entity's financial management and regulatory compliance, potentially signaling higher risk and necessitating more thorough due diligence before making lending decisions.

Vermont

1. Withdrawn

This status applies to foreign entities that have voluntarily decided to cease doing business in Vermont and have officially withdrawn their registration with the state. For lenders, this status indicates that the business is no longer operating in Vermont, which may significantly impact its creditworthiness and ability to repay loans, requiring careful consideration in lending decisions and risk assessment.

2. Dissolved

This status means the business entity has been formally dissolved, either voluntarily by the entity's owners or involuntarily by the state due to non-compliance with legal obligations. A dissolved entity is no longer authorized to conduct business. Lenders should be extremely cautious when considering loans to dissolved entities, as they have ceased operations and likely have limited assets or income streams, posing a high risk for default.

3. Inactive

An inactive status indicates that the business entity is not currently in good standing and is not active. This could be due to various reasons, such as failure to meet state compliance requirements, but it has not been formally dissolved or terminated. Lenders should view inactive businesses as high-risk borrowers, as their non-compliance may indicate financial difficulties or operational instability, potentially affecting their ability to repay loans.

4. Expired

This status signifies that the business entity's registration or authority to operate in Vermont has lapsed due to failure to renew necessary filings or credentials within the required timeframe. The entity is not authorized to conduct business until it renews its registration. For lenders, an expired status raises concerns about the business's operational stability and compliance practices, potentially indicating financial difficulties that could impact loan repayment ability.

5. Terminated

This status indicates that the business entity's existence has officially ended. Termination can be voluntary, initiated by the entity, or involuntary, mandated by the state due to non-compliance with legal requirements. Lenders should treat terminated entities as extremely high-risk, as they have ceased to exist legally and likely have no ongoing operations or assets to support loan repayment.

6. Cessated

This is a less common status and typically indicates that the entity has ceased operations, often through a specific legal or administrative process. It is similar to dissolution or termination but may imply a suspension rather than a permanent end of operations. For lenders, a cessated status suggests a high-risk borrower with uncertain future prospects, requiring thorough investigation into the specific circumstances and potential for resuming operations before considering any lending.

7. Cancelled

This status means the entity's registration has been officially canceled, often due to non-compliance with regulatory requirements or at the entity's request. It indicates that the entity is no longer legally recognized by the state. Lenders should approach cancelled entities with extreme caution, as their lack of legal recognition likely indicates ceased operations and potential financial instability, significantly increasing the risk of loan default.

8. Active

This status indicates that the business entity is currently in good standing and has met all necessary legal requirements, including filing reports and paying fees. It is authorized to conduct business in Vermont. For lenders, an active status generally suggests a lower-risk borrower with ongoing operations and compliance with state regulations, though further financial due diligence is still necessary for a comprehensive risk assessment.

Virginia

1. Active

This status indicates that the business entity is in good standing with the Virginia State Corporation Commission (SCC). It means the entity has met all required legal obligations, including filing annual reports and paying fees, and is authorized to conduct business in Virginia. For lenders, an active status generally suggests a lower risk profile, as it demonstrates the business's compliance with regulatory requirements and indicates ongoing operational stability, which can positively impact creditworthiness assessments.

2. Pending Inactive

This status typically means that the business entity is in the process of becoming inactive. This could be due to an upcoming deadline for filing documents or paying fees that, if not met, will result in the entity being moved to inactive status. Lenders should approach businesses with this status cautiously, as it may indicate potential financial or operational issues that could affect the entity's ability to repay loans, and further investigation into the reasons for the pending inactive status is advisable for accurate risk assessment.

3. Inactive

An inactive status indicates that the business entity is not currently in good standing with the SCC. This status may result from failure to file required documents, pay necessary fees, or maintain a registered agent. An inactive entity is not authorized to conduct business in Virginia until it resolves the issues leading to this status. For lenders, an inactive status represents a significant red flag, suggesting potential financial distress, operational challenges, or non-compliance with regulatory requirements, which could substantially increase the risk associated with lending to such entities and negatively impact their creditworthiness.

Washington

1. Active

This status indicates that the business entity is currently in good standing with the Washington Secretary of State. It means the entity has met all filing and fee requirements and is authorized to conduct business in Washington. For lenders, this status suggests a lower risk profile, as it demonstrates the business's compliance with state regulations and its ability to maintain good standing, which can be indicative of overall operational stability and financial responsibility.

2. Administratively Dissolved

This status means the entity has been dissolved by the state due to failure to comply with legal requirements, such as not filing annual reports or not maintaining a registered agent. An administratively dissolved entity is not allowed to conduct business in Washington unless it is reinstated. Lenders should exercise extreme caution when considering loans to businesses with this status, as it indicates significant non-compliance issues and potential operational instability, which could greatly impact the business's ability to repay loans.

3. Inactive

This status indicates that the business entity is not currently active and is not in good standing with the state. This can occur due to failure to meet certain requirements, such as not filing necessary documents or not paying required fees. For lenders, an inactive status raises red flags about the business's operational status and compliance, suggesting higher risk and potential difficulties in loan repayment, thus requiring thorough investigation before considering any lending decisions.

4. Delinquent

The entity has failed to comply with certain state requirements, such as filing reports or paying fees, which has caused it to be marked as delinquent. Delinquent entities are at risk of being administratively dissolved if the issues are not resolved. Lenders should approach businesses with this status cautiously, as it may indicate financial difficulties or management issues that could affect the business's creditworthiness and ability to meet loan obligations.

5. Terminated

This status means the entity's legal existence has been ended, either by voluntary decision of the entity's owners or by the state due to failure to comply with requirements. A terminated entity is no longer authorized to conduct business. For lenders, a terminated status essentially means the business no longer exists legally, making it an extremely high-risk or impossible lending prospect, and any outstanding loans to such entities may need to be reassessed for potential losses.

6. Voluntarily Dissolved

The entity has chosen to dissolve itself voluntarily through a formal process. This means the entity has filed the necessary paperwork to end its existence and has ceased operations in Washington. Lenders should be aware that voluntarily dissolved businesses have intentionally ceased operations, making them unsuitable for new loans and potentially impacting the repayment of any existing loans, which may need to be addressed through the dissolution process.

7. Withdrawn

This status applies to foreign entities that have chosen to cease their business activities in Washington and have officially withdrawn their registration with the state. For lenders, a withdrawn status indicates that the business has formally ended its operations in Washington, which could significantly impact its ability to generate revenue in the state and potentially affect its overall financial stability, requiring careful consideration in lending decisions and risk assessments.

West Virginia

1. Active

This status indicates that the business entity is currently in good standing with the West Virginia Secretary of State. The entity has met all legal requirements, such as filing necessary documents and paying required fees, and is authorized to conduct business within the state. For lenders, an Active status generally suggests a lower risk profile, as it demonstrates the business's compliance with state regulations and ongoing operational stability, which can positively impact creditworthiness assessments.

2. Not Active

This status means that the business entity is not currently in good standing or authorized to conduct business in West Virginia. This could be due to various reasons, such as failure to file required reports, non-payment of fees, or other compliance issues. An entity marked as "Not Active" may need to take specific actions to restore its good standing status. Lenders should approach Not Active businesses with caution, as this status may indicate financial difficulties, operational issues, or non-compliance, potentially increasing the risk associated with lending and raising concerns about the business's current stability and creditworthiness.

Wisconsin

1. Administratively Dissolved

This status indicates that the entity has been dissolved by the state due to failure to comply with certain legal requirements, such as filing annual reports or maintaining a registered agent. An administratively dissolved entity is no longer allowed to conduct business in Wisconsin until it is reinstated. Lenders should exercise extreme caution when considering loans to such entities, as their inability to maintain compliance suggests significant operational issues and potential financial instability.

2. Restored to Good Standing

This status means that a business entity that was previously not in good standing has met all necessary legal requirements, such as filing overdue reports or paying fees, and is now authorized to conduct business in Wisconsin again. While this status indicates a positive change, lenders should carefully review the entity's history and reasons for previous non-compliance to assess potential risks and the likelihood of maintaining good standing.

3. Dissolved

The business entity has been formally dissolved and is no longer in existence. Dissolution can occur voluntarily, initiated by the entity's owners, or involuntarily, mandated by the state due to non-compliance with regulations. Lenders should avoid extending credit to dissolved entities as they no longer legally exist and have no capacity to repay loans.

4. Involuntarily Dissolved

Similar to "Administratively Dissolved," this status indicates that the state has dissolved the entity against its will due to failure to meet statutory obligations, such as filing necessary documents or paying required fees. This status suggests serious compliance issues and potential financial difficulties, making such entities high-risk for lenders.

5. Incorporated/Qualified/Registered

This status means that the entity has been officially formed and recognized by the state as a legal business entity. This includes domestic entities that have been incorporated within Wisconsin and foreign entities that have been qualified or registered to do business in the state. While this status indicates legal recognition, lenders should still conduct thorough due diligence on the entity's financial health and operational history.

6. Revocation/Termination of Certificate/Registration

This status indicates that the entity's authority to operate in Wisconsin has been revoked or terminated, usually due to non-compliance with legal requirements or failure to maintain good standing. Lenders should be extremely cautious with such entities, as they lack legal authority to operate and may face significant challenges in conducting business or repaying loans.

7. Delinquent

The entity is overdue in filing required documents or paying fees and is not in good standing with the state. If the delinquency is not addressed, it may lead to administrative dissolution or other penalties. This status suggests potential financial or operational issues, and lenders should carefully assess the reasons for delinquency and the entity's plan to rectify the situation before considering any lending decisions.

8. Merged, acquired

This status applies when an entity has merged with or been acquired by another entity. The original entity ceases to exist as an independent entity and becomes part of the surviving entity. Lenders should reassess the creditworthiness of the surviving entity, considering the impact of the merger or acquisition on its financial stability and operational capacity.

9. Withdrawal

This status is used for foreign entities that have chosen to cease doing business in Wisconsin and have officially withdrawn their registration with the state. Lenders should be cautious about extending credit to withdrawn entities, as they no longer have legal authority to operate in Wisconsin, potentially impacting their ability to generate revenue and repay loans.

10. Organized

This status indicates that a business entity has been legally formed and is recognized as a distinct legal entity. It typically applies to newly established entities. While this status confirms legal recognition, lenders should note that newly organized entities may lack substantial operational history or credit record, necessitating careful risk assessment.

11. Registered

The entity has been officially registered with the state and is recognized as a legal entity allowed to conduct business in Wisconsin. This status is often used for foreign entities operating within the state. Lenders should verify the entity's standing in its home state and assess its operational history and financial stability both in Wisconsin and its primary jurisdiction.

12. Certificate of Cancellation

This status indicates that the entity's registration or certificate to do business in Wisconsin has been officially cancelled, usually at the request of the entity or due to non-compliance with state laws. Lenders should be extremely cautious about extending credit to entities with cancelled certificates, as they lack legal authority to operate in Wisconsin, potentially impacting their ability to generate revenue and repay loans.

Wyoming

1. Active

This status indicates that the business entity is in good standing and is authorized to conduct business in Wyoming. The entity has met all filing requirements, including paying any necessary fees and maintaining a registered agent. For lenders, this status suggests a lower risk profile, as it demonstrates the business's compliance with state regulations and ongoing operational stability, potentially indicating better creditworthiness.

2. Inactive- Administratively Dissolved "Tax"

This status means the business entity has been dissolved by the state due to non-compliance with tax obligations. This administrative dissolution occurs when an entity fails to file required tax reports or pay taxes, leading to the loss of its good standing and authority to operate in Wyoming. Lenders should exercise caution with businesses in this status, as it indicates significant financial and compliance issues, potentially impacting the business's ability to repay loans and suggesting a higher risk for lending.

3. Inactive- Withdraw/Dissolve/Cancel Dissolved "Tax"

This status applies to entities that have chosen to withdraw from doing business in Wyoming or have been dissolved or canceled by the state due to tax-related issues. It indicates that the entity is no longer active or authorized to conduct business in Wyoming due to non-compliance with tax laws or voluntary withdrawal. For lenders, this status represents a high-risk scenario, as the business is no longer operational in the state, potentially due to financial difficulties or regulatory non-compliance, significantly impacting its creditworthiness and ability to fulfill financial obligations.

4. Inactive- Dissolved

This status indicates that the business entity has been formally dissolved and is no longer in existence. Dissolution can occur voluntarily by the entity's owners or involuntarily by the state due to non-compliance with regulatory or filing requirements. Lenders should be aware that businesses with this status are no longer operational, presenting extreme risk for lending as there is no active entity to repay loans or conduct business, making it crucial for thorough due diligence on any outstanding obligations or assets.

Updated July 5, 2026

Business Entity Status Definitions

Use this 50-state status guide to translate raw Secretary of State status labels into lender-facing routing guidance. Each status keeps its state-specific meaning, risk tier, recommended action, next verification step, and statute citation.

Important: SOS standing is one underwriting input. It does not replace TIN/EIN verification, OFAC screening, UCC review, court checks, credit policy, counsel review, or final underwriting judgment.

How to Read the Tiers

Green

Active and compliant. SOS standing is not a blocker, but normal underwriting still applies.

Yellow

Operational but impaired or curable. Fund only with conditions after the cure path is verified.

Review

Ambiguous, transitional, name-only, pending, startup, or unmapped. Route to a human before clearing.

Red

No current legal standing, terminal status, dissolution, revocation, withdrawal, merger, or equivalent stop signal.

State Index

Alabama 10 Alaska 12 Arizona 2 Arkansas 10 California 10 Colorado 8 Connecticut 9 Delaware 20 Florida 7 Georgia 13 Hawaii 20 Idaho 11 Illinois 9 Indiana 28 Iowa 2 Kansas 8 Kentucky 6 Louisiana 2 Maine 11 Maryland 8 Massachusetts 1 Michigan 1 Minnesota 2 Mississippi 10 Missouri 13 Montana 8 Nebraska 2 Nevada 7 New Hampshire 12 New Jersey 1 New Mexico 11 New York 2 North Carolina 14 North Dakota 6 Ohio 4 Oklahoma 8 Oregon 12 Pennsylvania 8 Rhode Island 11 South Carolina 6 South Dakota 9 Tennessee 10 Texas 11 Utah 3 Vermont 8 Virginia 3 Washington 7 West Virginia 2 Wisconsin 12 Wyoming 6
Alabama10 statuses: 1 green, 0 yellow, 4 review, 5 red
ExistsGreen

Definition: The business entity is currently active and recognized by the state of Alabama. It is operational and has met all necessary legal requirements to maintain its status.

Lending read: This status generally indicates a lower lending risk, as the business is compliant and operational, suggesting better creditworthiness and stability.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Alabama::Exists. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ala. Code Section 10A-1-3.01 (formation and existence of filing entities); cf. Section 10A-1-3.07 (certificate of existence or registration)

Source site: alison.legislature.state.al.us

Citation check: Verified against the official source text, retrieved 2026-07-06.

Name ReservationReview

Definition: Name Reservation status as recorded by the Alabama Secretary of State.

Lending read: This status indicates that a name has been reserved with the state for future use by a potential business entity. It is not an active entity but a reserved name. Lenders should be aware that this status does not represent an operational business and thus offers no basis for lending decisions, requiring further steps before any business activities or lending can occur.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Alabama::Name Reservation. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ala. Code Sections 10A-1-5.10 (mandatory name reservation), 10A-1-5.11 (application for reservation of name), 10A-1-5.14 (duration of reservation)

Source site: alison.legislature.state.al.us

Citation check: Verified against the official source text, retrieved 2026-07-06.

Previous nameReview

Definition: Previous name status as recorded by the Alabama Secretary of State.

Lending read: This status indicates that the entity has undergone a name change, and the "Previous Name" refers to the entity's name before the change. Lenders should verify the continuity of operations and any potential impacts on the business's creditworthiness or legal obligations that may have resulted from the name change.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Alabama::Previous name. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office records convention (entity name history after amendment); Alabama SOS Business Entity Records, sos.alabama.gov/government-records/business-entity-records

Source site: www.sos.alabama.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Registered NameReview

Definition: The name of the entity has been registered with the state of Alabama, typically indicating that the name is reserved for future use or for a foreign entity that wants to do business under that name in Alabama.

Lending read: Lenders should note that this status alone does not indicate active operations or financial stability, requiring further investigation into the entity's actual business activities and financial health.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Alabama::Registered Name. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Former Ala. Code Sections 10A-1-5.21 to 10A-1-5.25 (registration of name), repealed by Act 2013-338 eff. Aug. 1, 2013; now a legacy Alabama SOS records status

Source site: alison.legislature.state.al.us

Citation check: Verified against the official source text, retrieved 2026-07-06.

RejectedReview

Definition: A filing, application, or registration attempt by the entity has been rejected by the state, typically due to non-compliance with statutory or procedural requirements.

Lending read: Lenders should approach entities with this status cautiously, as it may indicate administrative issues or non-compliance that could affect the business's stability and creditworthiness.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Alabama::Rejected. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ala. Code Section 10A-1-4.02 (delivery of filing instrument; duties of filing officer; refusal to file)

Source site: alison.legislature.state.al.us

Citation check: Verified against the official source text, retrieved 2026-07-06.

CancelledRed

Definition: The business registration or a specific filing has been cancelled, meaning it is no longer in effect, and the entity may no longer be active or recognized in that capacity.

Lending read: This status represents a high risk for lenders, as it indicates the entity may no longer have legal standing or operational capacity, potentially impacting its ability to repay loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Alabama::Cancelled. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Alabama SOS filing-office records convention (no governing statute); see SOS Business Entity Records, sos.alabama.gov/government-records/business-entity-records; cf. Ala. Code Section 10A-1-5.14 (lapse of name reservation)

Source site: www.sos.alabama.gov

Citation check: Corrected citation on file; official text verification is pending human review.

DissolvedRed

Definition: The business entity has been formally dissolved and is no longer in operation. This can occur through voluntary action by the business owners or through state intervention.

Lending read: Lenders should be extremely cautious with dissolved entities, as they no longer have legal standing and represent a high risk for lending, with little to no possibility of repayment.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Alabama::Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ala. Code Sections 10A-2A-14.01 to 10A-2A-14.05 (dissolution; effect of dissolution); 10A-1-9.11, 10A-1-9.12 (winding up); 10A-1-9.32 (reinstatement)

Source site: alison.legislature.state.al.us

Citation check: Verified against the official source text, retrieved 2026-07-06.

MergedRed

Definition: The business has merged with another entity and no longer exists as an independent entity. The merger is recognized by the state of Alabama.

Lending read: Lenders should carefully assess the financial stability and creditworthiness of the resulting merged entity, as the merger may have significantly altered the business's risk profile and operational structure.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Alabama::Merged. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ala. Code Section 10A-1-8.02 (mergers of entities; separate existence of merging entities ceases)

Source site: alison.legislature.state.al.us

Citation check: Verified against the official source text, retrieved 2026-07-06.

RevokedRed

Definition: The entity's right to operate has been revoked by the state due to non-compliance with statutory requirements, such as failing to file necessary documents or pay fees.

Lending read: This status signifies a significant risk for lenders, as it indicates serious compliance issues and potential financial instability, making the entity an unsuitable candidate for lending.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Alabama::Revoked. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ala. Code Sections 10A-1-7.12 (grounds for revocation), 10A-1-7.13 (procedure for and effect of revocation of foreign entity registration)

Source site: alison.legislature.state.al.us

Citation check: Verified against the official source text, retrieved 2026-07-06.

WithdrawnRed

Definition: The business has voluntarily withdrawn its registration from the state of Alabama and is no longer authorized to operate within the state.

Lending read: This status represents a high risk for lenders, as the entity has ceased operations in Alabama, potentially impacting its ability to generate revenue and repay loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Alabama::Withdrawn. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ala. Code Section 10A-1-7.11 (voluntary withdrawal of registration by a foreign entity)

Source site: alison.legislature.state.al.us

Citation check: Verified against the official source text, retrieved 2026-07-06.

Alaska12 statuses: 3 green, 1 yellow, 1 review, 7 red
Active NameGreen

Definition: The business entity name is currently registered and in good standing, allowing the entity to operate and conduct business in Alaska under that name. While this status protects the business name, lenders should note that it doesn't necessarily indicate active operations or financial health, requiring further due diligence.

Lending read:

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Alaska::Active Name. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: AS 10.35.040 (registration of name); AS 10.35.060 (duration of registered name)

Source site: www.commerce.alaska.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

DomesticatedGreen

Definition: The business entity has changed its jurisdiction of incorporation or organization from another state or country to Alaska, becoming a domestic entity within the state and subject to Alaska laws and regulations.

Lending read: This status may indicate a strategic business move, but lenders should assess the implications of the jurisdiction change on the entity's financial stability and legal obligations.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Alaska::Domesticated. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: AS 10.55.501-10.55.506 (Alaska Entity Transactions Act, domestication); operative effect section AS 10.55.506

Source site: www.commerce.alaska.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Good StandingGreen

Definition: The entity is compliant with all state regulations and requirements and is legally authorized to operate.

Lending read: This status generally indicates a lower risk for lenders, as it suggests the business is responsibly managing its legal obligations and maintaining operational stability.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Alaska::Good Standing. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office convention: DCCED Certificate of Compliance (good standing), grounded in biennial report compliance under AS 10.06.805-10.06.811; official records page https://www.commerce.alaska.gov/web/cbpl/Corporations/CertificateofCompliance.aspx

Source site: www.commerce.alaska.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Non-CompliantYellow

Definition: The entity has failed to meet one or more state requirements, such as filing necessary documents or paying required fees, but has not yet been dissolved.

Lending read: This status suggests potential financial or administrative issues, warranting closer scrutiny from lenders regarding the business's overall management and stability.

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: Alaska::Non-Compliant. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: AS Section 10.06.633 (Alaska Corporations Code)

Source site: akleg.gov

Statute note: Involuntary dissolution by the Commissioner (DCCED) after notice/hearing; upon the certificate, existence CEASES and name becomes available after 6 months. DISTINCTIVE: reinstatement within 2 yrs requires payment of DOUBLE the delinquent amount plus what would have been owed during the dissolved period (no other state imposes a 2x penalty). Biennial-report regime.

Citation check: Verified against the official source text, retrieved 2026-07-03.

Intent to DissolveReview

Definition: The entity has filed a notice indicating its intention to dissolve. This is a formal step in the dissolution process, after which the business will cease operations and eventually be legally dissolved.

Lending read: Lenders should exercise extreme caution with businesses in this status, as it signals the imminent end of operations and potential financial instability.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Alaska::Intent to Dissolve. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: AS 10.06.605 (voluntary election to wind up and dissolve); AS 10.06.608 (certificate of election); AS 10.06.615 (winding up, cessation of business)

Source site: www.commerce.alaska.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Canceled NameRed

Definition: The business entity's name registration has been canceled, meaning the name is no longer reserved or active for use by the entity in Alaska. This could happen if the business no longer exists or has changed its name.

Lending read: Lenders should be cautious as this status may indicate a significant change in the business's operations or legal structure, potentially affecting its creditworthiness.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Alaska::Canceled Name. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: AS 10.35.085 (cancellation of certificates issued and filings accepted, applied to business names); DCCED Division of Corporations business-name records convention

Source site: www.commerce.alaska.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Expired NameRed

Definition: The entity's registered name has expired, typically due to the failure to renew its registration, and is no longer protected under state law.

Lending read: Lenders should investigate further to determine if this is an administrative oversight or indicative of more significant operational issues that could affect the business's stability.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Alaska::Expired Name. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: AS 10.35.060 (duration of registered name); AS 10.35.070 (renewal of registered name)

Source site: www.commerce.alaska.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Involuntarily DissolvedRed

Definition: The entity has been dissolved by the state due to failure to comply with specific legal requirements or obligations.

Lending read: This status indicates serious compliance issues and potential financial instability, making it a high-risk situation for lenders.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Alaska::Involuntarily Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: AS Section 10.06.633 (Alaska Corporations Code)

Source site: akleg.gov

Statute note: Involuntary dissolution by the Commissioner (DCCED) after notice/hearing; upon the certificate, existence CEASES and name becomes available after 6 months. DISTINCTIVE: reinstatement within 2 yrs requires payment of DOUBLE the delinquent amount plus what would have been owed during the dissolved period (no other state imposes a 2x penalty). Biennial-report regime.

Citation check: Verified against the official source text, retrieved 2026-07-03.

MergedRed

Definition: The entity has merged with another entity and no longer exists as a separate legal entity in Alaska. The surviving entity (usually another business) continues the operations.

Lending read: Lenders should reassess the creditworthiness of the merged entity, considering the financial strength and obligations of both original entities.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Alaska::Merged. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: AS 10.06.560 (effective date and effect of merger, consolidation, or exchange)

Source site: www.commerce.alaska.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

RevokedRed

Definition: The entity's legal status has been terminated by the state due to non-compliance with state regulations, such as failing to file required reports or pay necessary fees.

Lending read: This status represents a significant risk for lenders, as it indicates severe compliance issues and potential financial instability, making the entity ineligible for most lending considerations.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Alaska::Revoked. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: AS 10.06.743 (revocation of certificate of authority); AS 10.06.745 (limitations on revocation)

Source site: www.commerce.alaska.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Voluntarily DissolvedRed

Definition: The entity has chosen to formally terminate its existence through a deliberate action taken by its owners or directors, typically by filing the necessary dissolution documents with the state.

Lending read: Lenders should be extremely cautious, as this status indicates the business is ending operations, which will likely impact its ability to repay any outstanding debts.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Alaska::Voluntarily Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: AS 10.06.605 (voluntary dissolution election); AS 10.06.625 (effect of certificate of dissolution)

Source site: www.commerce.alaska.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

WithdrawnRed

Definition: The entity has voluntarily withdrawn its registration or authorization to do business in Alaska, meaning it has ceased its operations in the state and is no longer recognized as an active entity there.

Lending read: This status raises significant concerns for lenders, as it indicates the business is no longer operating in the state, potentially impacting its ability to repay loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Alaska::Withdrawn. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: AS 10.06.778 (withdrawal of foreign corporation); AS 10.06.788 (effect of certificate of withdrawal)

Source site: www.commerce.alaska.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Arizona2 statuses: 1 green, 0 yellow, 1 review, 0 red
ActiveGreen

Definition: The entity is currently in good standing, has met all necessary legal and regulatory requirements, and is authorized to conduct business in Arizona.

Lending read: This status generally indicates a lower risk for lenders, as it suggests the business is compliant with state regulations and likely maintains good financial practices, potentially contributing to better creditworthiness and operational stability.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Arizona::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: A.R.S. Sections 10-1420, 10-1421, 10-1422 (corporations); Section 29-3708 (LLC administrative dissolution).

Source site: www.azleg.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

InactiveReview

Definition: The entity is not in good standing and is no longer authorized to conduct business in Arizona, often due to non-compliance with filing requirements, failure to pay fees, or voluntary dissolution.

Lending read: This status raises significant red flags for lenders, as it indicates potential financial difficulties, legal issues, or cessation of operations, which could severely impact the business's ability to repay loans and increases the overall risk associated with lending to such entities.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Arizona::Inactive. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: A.R.S. Sections 10-1420, 10-1421, 10-1422 (corporations); Section 29-3708 (LLC administrative dissolution).

Source site: www.azleg.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Arkansas10 statuses: 1 green, 1 yellow, 1 review, 7 red
Good StandingGreen

Definition: The entity is fully compliant with all state requirements, including timely filings and fee payments. It is legally authorized to conduct business in the state and has no outstanding issues with regulatory authorities. Businesses in good standing are generally considered lower risk for lending, as their compliance indicates financial responsibility and operational stability, making them more attractive candidates for credit.

Lending read:

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Arkansas::Good Standing. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ark. Code Section 4-27-128 (certificate of existence); Ark. Code Section 4-27-1622 (annual franchise tax report)

Source site: arkleg.state.ar.us

Citation check: Verified against the official source text, retrieved 2026-07-06.

Not CurrentYellow

Definition: The entity has not fulfilled its most recent filing or fee requirements, indicating that it is not in good standing.

Lending read: This status suggests that the entity may need to update its filings or pay outstanding fees to return to good standing. For lenders, a "Not Current" status raises concerns about the entity's financial management and compliance practices, potentially indicating increased risk and requiring closer scrutiny of the business's overall financial health and operational stability.

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: Arkansas::Not Current. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ark. Code Sections 4-27-1420, 4-27-1421, 4-27-1422 (Bus. Corp. Act of 1987)

Source site: sos.arkansas.gov

Statute note: Admin dissolution (Section 4-27-1421) after 60-day cure; most common ground is unpaid franchise tax (Section 4-27-1420). Entity continues to exist but may only wind up; revoked-status corps barred from many corporate activities. Reinstatement (Section 4-27-1422) relates back, requires Dept of Finance & Administration tax certificate.

Citation check: Verified against the official source text, retrieved 2026-07-03.

UsedReview

Definition: Used status as recorded by the Arkansas Secretary of State.

Lending read: This status usually indicates that a particular business name or entity identifier is already in use by another entity. It may also signify that a name reservation has been utilized, and the entity is in the process of formalizing its registration. For lenders, this status suggests that the business may be in a transitional phase or early stages of formation, potentially indicating higher risk and necessitating careful evaluation of the entity's legal status and operational readiness.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Arkansas::Used. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: No governing statute; Arkansas SOS records convention - see SOS Business Entity Search and Name Availability Guidelines (sos.arkansas.gov)

Source site: www.sos.arkansas.gov

Citation check: Corrected citation on file; official text verification is pending human review.

DissolvedRed

Definition: The entity has been formally terminated through a voluntary or administrative process. It is no longer recognized as a legal entity and cannot conduct business. Dissolution typically follows the completion of necessary legal steps to wind down the entity's affairs.

Lending read: Lenders should be extremely cautious with dissolved entities, as they no longer have legal standing to operate or enter into new financial agreements, presenting a high-risk scenario for any lending activities.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Arkansas::Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ark. Code Sections 4-27-1420, 4-27-1421, 4-27-1422 (Bus. Corp. Act of 1987)

Source site: sos.arkansas.gov

Statute note: Admin dissolution (Section 4-27-1421) after 60-day cure; most common ground is unpaid franchise tax (Section 4-27-1420). Entity continues to exist but may only wind up; revoked-status corps barred from many corporate activities. Reinstatement (Section 4-27-1422) relates back, requires Dept of Finance & Administration tax certificate.

Citation check: Verified against the official source text, retrieved 2026-07-03.

ExpiredRed

Definition: The entity's registration or charter has lapsed due to failure to renew within the required time frame. An expired status means the entity is no longer authorized to conduct business unless it takes action to renew or revive its registration.

Lending read: Lenders should approach expired entities with caution, as this status suggests potential financial difficulties or operational negligence, increasing the risk profile for lending decisions.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Arkansas::Expired. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ark. Code Sections 4-27-1420, 4-27-1421, 4-27-1422 (Bus. Corp. Act of 1987)

Source site: sos.arkansas.gov

Statute note: Admin dissolution (Section 4-27-1421) after 60-day cure; most common ground is unpaid franchise tax (Section 4-27-1420). Entity continues to exist but may only wind up; revoked-status corps barred from many corporate activities. Reinstatement (Section 4-27-1422) relates back, requires Dept of Finance & Administration tax certificate.

Citation check: Verified against the official source text, retrieved 2026-07-03.

Forfeited CharterRed

Definition: The entity's charter (legal authorization to operate) has been forfeited due to failure to comply with statutory obligations, such as filing reports or paying taxes. A forfeited charter means the entity is no longer legally authorized to operate and may need to take corrective action to regain its charter.

Lending read: Lenders should view entities with forfeited charters as high-risk, as they lack legal standing and demonstrate significant compliance issues, which could severely impact their ability to operate and repay loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Arkansas::Forfeited Charter. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ark. Code Section 26-54-111(a) (charter forfeiture for franchise-tax delinquency); reinstatement Ark. Code Section 26-54-112

Source site: arkleg.state.ar.us

Citation check: Verified against the official source text, retrieved 2026-07-06.

MergedRed

Definition: The entity has been merged with another entity, resulting in the termination of its separate legal existence. The surviving entity continues to operate, and the merged entity no longer exists independently.

Lending read: Lenders should be cautious when considering loans to merged entities, as the financial structure and creditworthiness may have changed significantly, requiring a thorough assessment of the surviving entity's financial health and operational stability.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Arkansas::Merged. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ark. Code Section 4-27-1106 (effect of merger); merger procedure Ark. Code Sections 4-27-1101 to -1107

Source site: arkleg.state.ar.us

Citation check: Corrected citation on file; official text verification is pending human review.

RevokedRed

Definition: The entity's authority to do business in the state has been revoked, often due to non-compliance with legal requirements.

Lending read: This status means the entity is no longer recognized as valid in the state and cannot legally operate until it rectifies the issues and reinstates its status. Revoked status is a red flag for lenders, indicating severe compliance issues and operational instability, which significantly increases the risk associated with lending to such entities.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Arkansas::Revoked. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ark. Code Sections 4-27-1530 to -1531 (revocation of foreign corporation's certificate of authority); Ark. Code Section 26-54-111 (charter forfeiture)

Source site: arkleg.state.ar.us

Citation check: Verified against the official source text, retrieved 2026-07-06.

Statutorily DissolvedRed

Definition: The entity has been dissolved by operation of law, typically due to non-compliance with statutory requirements, such as failure to file annual reports or pay fees. This dissolution is not voluntary but mandated by state law.

Lending read: Lenders should be extremely cautious when dealing with statutorily dissolved entities, as they lack legal standing and may face significant challenges in repaying loans, representing a high-risk scenario for credit decisions.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Arkansas::Statutorily Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ark. Code Sections 4-27-1420, 4-27-1421, 4-27-1422 (Bus. Corp. Act of 1987)

Source site: sos.arkansas.gov

Statute note: Admin dissolution (Section 4-27-1421) after 60-day cure; most common ground is unpaid franchise tax (Section 4-27-1420). Entity continues to exist but may only wind up; revoked-status corps barred from many corporate activities. Reinstatement (Section 4-27-1422) relates back, requires Dept of Finance & Administration tax certificate.

Citation check: Verified against the official source text, retrieved 2026-07-03.

WithdrawnRed

Definition: The entity has voluntarily withdrawn its registration from the state. This means the entity has chosen to cease doing business in the state and has formally notified the state of its intent to withdraw. Withdrawn status indicates a significant change in the entity's operations, potentially affecting its ability to generate revenue and repay loans, thus requiring careful consideration by lenders in terms of existing obligations and future credit decisions.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Arkansas::Withdrawn. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ark. Code Section 4-27-1520 (withdrawal of foreign corporation); nonprofit Ark. Code Section 4-33-1520

Source site: www.sos.arkansas.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

California10 statuses: 1 green, 3 yellow, 0 review, 6 red
ActiveGreen

Definition: The entity is currently in good standing, has fulfilled all necessary filing and fee requirements, and is authorized to conduct business in California.

Lending read: This status generally indicates a lower risk for lenders, as it suggests the business is compliant, operationally stable, and likely in good financial health.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: California::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Cal. Rev. & Tax. Code Sections 23301, 23301.5, 23305; Cal. Corp. Code Section 2205

Source site: leginfo.legislature.ca.gov

Statute note: FTB Suspended/Forfeited (Section 23301) = unpaid tax or unfiled return; entity loses power to sue, enforce contracts, or transfer CA real property; contracts voidable by counterparty (Section 23304.1). Curable via revivor (Section 23305). Admin dissolution only after 60 mo suspension (AB 2503).

Citation check: Verified against the official source text, retrieved 2026-07-02.

Suspended - FTBYellow

Definition: The entity's rights, privileges, and powers have been suspended specifically by the Franchise Tax Board due to non-compliance with tax obligations. The entity cannot legally conduct business, enforce contracts, or initiate lawsuits while under this suspension.

Lending read: This status raises red flags for lenders, indicating potential financial difficulties and increased risk in lending decisions.

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: California::Suspended - FTB. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Cal. Rev. & Tax. Code Sections 23301, 23301.5, 23305; Cal. Corp. Code Section 2205

Source site: leginfo.legislature.ca.gov

Statute note: FTB Suspended/Forfeited (Section 23301) = unpaid tax or unfiled return; entity loses power to sue, enforce contracts, or transfer CA real property; contracts voidable by counterparty (Section 23304.1). Curable via revivor (Section 23305). Admin dissolution only after 60 mo suspension (AB 2503).

Citation check: Verified against the official source text, retrieved 2026-07-02.

Suspended - FTB/SOSYellow

Definition: The entity's rights, privileges, and powers have been suspended by both the Franchise Tax Board (FTB) and the Secretary of State (SOS). This usually occurs due to non-compliance with state tax obligations or failure to file required reports. The entity cannot legally operate, enter contracts, or initiate lawsuits while suspended.

Lending read: This status indicates significant risk for lenders, as it suggests severe compliance issues and potential financial instability.

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: California::Suspended - FTB/SOS. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Cal. Rev. & Tax. Code Sections 23301, 23301.5, 23304.1, 23305, 23305.1; Cal. Corp. Code Section 2205

Source site: leginfo.legislature.ca.gov

Statute note: FTB Suspended/Forfeited (Section 23301) = unpaid tax or unfiled return; entity loses power to sue, enforce contracts, or transfer CA real property; contracts voidable by counterparty (Section 23304.1). Curable via revivor (Section 23305). Admin dissolution only after 60 mo suspension (AB 2503).

Citation check: Verified against the official source text, retrieved 2026-07-02.

Suspended - SOSYellow

Definition: The entity's rights and privileges have been suspended by the California Secretary of State due to non-compliance with filing requirements, preventing it from legally operating until resolved.

Lending read: This status suggests potential operational instability and compliance issues, which lenders should carefully consider when assessing risk and making lending decisions.

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: California::Suspended - SOS. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Cal. Rev. & Tax. Code Sections 23301, 23301.5, 23305; Cal. Corp. Code Section 2205

Source site: leginfo.legislature.ca.gov

Statute note: FTB Suspended/Forfeited (Section 23301) = unpaid tax or unfiled return; entity loses power to sue, enforce contracts, or transfer CA real property; contracts voidable by counterparty (Section 23304.1). Curable via revivor (Section 23305). Admin dissolution only after 60 mo suspension (AB 2503).

Citation check: Verified against the official source text, retrieved 2026-07-02.

Converted OutRed

Definition: The entity has changed its legal structure (e.g., from a corporation to an LLC) and has filed the appropriate documents with the state. The original entity has ceased to exist in its previous form and has been "converted out" to a new entity type.

Lending read: Lenders should reassess the creditworthiness of the new entity structure and ensure that any existing agreements are still valid under the new legal form.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: California::Converted Out. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Cal. Corp. Code Sections 1150-1160 (esp. Section 1158)

Source site: leginfo.legislature.ca.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

Forfeited - FTBRed

Definition: The entity has had its rights, privileges, and powers forfeited by the Franchise Tax Board, typically due to serious or ongoing non-compliance with tax obligations. The entity loses its legal ability to operate in California.

Lending read: This status indicates severe financial and compliance issues, presenting significant risks for lenders and potentially impacting the entity's ability to repay debts.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: California::Forfeited - FTB. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Cal. Rev. & Tax. Code Sections 23301, 23301.5, 23305; Cal. Corp. Code Section 2205

Source site: leginfo.legislature.ca.gov

Statute note: FTB Suspended/Forfeited (Section 23301) = unpaid tax or unfiled return; entity loses power to sue, enforce contracts, or transfer CA real property; contracts voidable by counterparty (Section 23304.1). Curable via revivor (Section 23305). Admin dissolution only after 60 mo suspension (AB 2503).

Citation check: Verified against the official source text, retrieved 2026-07-02.

Merged OutRed

Definition: The entity has been merged into another entity and no longer exists independently. The surviving entity continues to operate, and the merged-out entity's registration is terminated.

Lending read: Lenders should reassess the creditworthiness of the surviving entity and ensure that any existing agreements are transferred or remain valid under the new structure.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: California::Merged Out. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Cal. Corp. Code Section 1107

Source site: leginfo.legislature.ca.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

TerminatedRed

Definition: The entity has been formally dissolved or otherwise ceased its legal existence in California. It is no longer authorized to conduct business and has completed the necessary legal steps to wind down its operations.

Lending read: Lenders should be extremely cautious with terminated entities, as they no longer have legal standing and any outstanding debts may be difficult to recover.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: California::Terminated. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Cal. Corp. Code Section 1905 (corporations); Cal. Corp. Code Section 17707.08 (LLCs)

Source site: leginfo.legislature.ca.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

Terminated - FTB AdminRed

Definition: The entity has been administratively terminated by the Franchise Tax Board due to failure to comply with tax obligations. This termination is typically a result of continued non-compliance after suspension.

Lending read: Lenders should consider this status as a severe risk, indicating prolonged financial issues and the cessation of the entity's legal existence.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: California::Terminated - FTB Admin. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Cal. Corp. Code Section 2205.5 (corporations); Cal. Corp. Code Section 17713.10.1 (LLCs); Cal. Rev. & Tax. Code Sections 23310-23311

Source site: leginfo.legislature.ca.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

Terminated - SOS AdminRed

Definition: The entity has been administratively terminated by the Secretary of State due to non-compliance with legal filing requirements. The termination results in the entity ceasing to exist as a legal entity in California.

Lending read: Lenders should treat this status as a high-risk situation, as the entity no longer has legal standing and may be unable to repay debts.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: California::Terminated - SOS Admin. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Cal. Corp. Code Section 2205.5 (corporations); Cal. Corp. Code Section 17713.10.1 (LLCs)

Source site: leginfo.legislature.ca.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

Colorado8 statuses: 1 green, 1 yellow, 1 review, 5 red
Good StandingGreen

Definition: The entity is fully compliant with all state requirements, including timely filing of reports and payment of fees, and is legally authorized to conduct business in Colorado.

Lending read: This status indicates a lower risk for lenders, as it demonstrates the business's commitment to regulatory compliance and suggests financial stability and responsible management.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Colorado::Good Standing. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: SOS records designation (no single defining statute); compliance framework C.R.S. 7-90-901 et seq. by negative implication; see SOS Business FAQs - Delinquency (coloradosos.gov/pubs/business/FAQs/delinquency.html).

Source site: www.coloradosos.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

DelinquentYellow

Definition: The entity has failed to meet certain legal obligations, such as filing annual reports or paying fees. It is not in good standing and must address these issues to regain compliance. Delinquent status raises red flags for lenders, as it may indicate financial distress, poor management, or operational issues, potentially increasing the risk associated with lending to such entities.

Lending read:

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: Colorado::Delinquent. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: C.R.S. Sections 7-90-901, 7-90-902 (delinquency); 7-90-904 (statement curing delinquency; HB 24-1137 perjury affidavit + photo ID after 5 years delinquent); 7-90-1001 et seq. (reinstatement).

Source site: www.coloradosos.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Name ChangedReview

Definition: The entity has officially changed its name through the proper legal process and is now operating under the new name. The old name is no longer in use. While a name change itself doesn't necessarily impact creditworthiness, lenders should ensure they have updated information and verify the reasons behind the change, as it could potentially affect brand recognition or indicate a significant shift in business strategy.

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Colorado::Name Changed. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office records convention reflecting a filed Amendment or Statement of Change (entity name filings; designator context C.R.S. 7-90-601); see SOS Business FAQs - Entity Names (coloradosos.gov/pubs/business/FAQs/entityNames.html).

Source site: www.coloradosos.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Administratively DissolvedRed

Definition: The entity has been dissolved by administrative action, usually due to failure to meet legal obligations such as filing annual reports or paying fees. The entity is no longer recognized as active in Colorado.

Lending read: Lenders should approach administratively dissolved entities with extreme caution, as this status suggests significant operational or financial issues, potentially impacting the entity's ability to conduct business legally and repay debts.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Colorado::Administratively Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Legacy status (records prior to Oct. 1, 2005) under former administrative-dissolution provisions repealed in 2005; current noncompliance yields Delinquent status under C.R.S. 7-90-901 et seq.; reinstatement under C.R.S. 7-90-1001 et seq. See SOS Business FAQs - Dissolution (coloradosos.gov/pubs/business/FAQs/dissolve.html).

Source site: www.coloradosos.gov

Citation check: Corrected citation on file; official text verification is pending human review.

ExpiredRed

Definition: The entity's registration or charter has expired due to failure to renew or update necessary information. It is no longer valid for conducting business but has not been formally dissolved.

Lending read: Lenders should exercise caution with expired entities, as this status may indicate financial difficulties, operational issues, or a lack of attention to legal requirements, potentially increasing the risk associated with lending.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Colorado::Expired. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office records convention for term-limited registrations (e.g., trade names); see SOS Business FAQs - Trade Names (coloradosos.gov/pubs/business/FAQs/tradeNames.html).

Source site: www.coloradosos.gov

Citation check: Corrected citation on file; official text verification is pending human review.

RevokedRed

Definition: The entity's status has been revoked by the state, typically due to serious or ongoing non-compliance with state regulations. The entity is no longer authorized to operate and must rectify the issues for potential reinstatement. Revoked status is a major red flag for lenders, indicating severe compliance issues or financial problems, and lending to such entities carries substantial risk and potential legal complications.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Colorado::Revoked. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Legacy records status for foreign entities revoked under pre-2005 law (no current revocation statute; noncompliance now yields Delinquent, C.R.S. 7-90-901 et seq.); requalification via Statement of Foreign Entity Authority; see SOS Business FAQs - Foreign Entities (coloradosos.gov/pubs/business/FAQs/foreigns.html).

Source site: www.coloradosos.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Voluntarily DissolvedRed

Definition: The entity has voluntarily taken steps to dissolve its registration and cease its business operations in Colorado. This process has been formally completed, and the entity is no longer active.

Lending read: Lenders should generally avoid extending credit to voluntarily dissolved entities, as they have formally ended their business operations in the state, significantly impacting their ability to generate income and repay loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Colorado::Voluntarily Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: C.R.S. Sections 7-90-902, 7-90-911, 7-90-1001, 7-90-1003 (CCAA); 7-114

Source site: sos.state.co.us

Statute note: Two-stage: entity first becomes "delinquent" (curable by filing a Statement Curing Delinquency, Section 7-90-1003 - still operating), then SOS dissolves it. Reinstatement (Section 7-90-1001 et seq.) available; for entities dissolved 2+ yrs, HB 24-1137 adds perjury affidavit + photo ID. Dissolved entity retains capacity to sue/be sued for pre-dissolution matters (Section 7-114-105).

Citation check: Verified against the official source text, retrieved 2026-07-03.

WithdrawnRed

Definition: The entity has voluntarily withdrawn its registration from Colorado and is no longer authorized to conduct business in the state.

Lending read: This status reflects the entity's decision to cease operations in Colorado. Lenders should be extremely cautious when considering loans to withdrawn entities, as this status indicates a significant change in business operations and may impact the entity's ability to generate revenue and repay debts in the state.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Colorado::Withdrawn. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: C.R.S. Section 7-90-806 (statement of foreign entity withdrawal); see SOS Business FAQs - Foreign Entities (coloradosos.gov/pubs/business/FAQs/foreigns.html).

Source site: www.coloradosos.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Connecticut9 statuses: 2 green, 0 yellow, 2 review, 5 red
ActiveGreen

Definition: The entity is in good standing, having met all necessary legal and regulatory requirements, and is authorized to conduct business in Connecticut. Active status generally indicates a lower risk for lenders, as it suggests the business is compliant and operationally stable, though further financial assessment is still necessary for a comprehensive risk evaluation.

Lending read:

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Connecticut::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Conn. Gen. Stat. Sections 33-890, 33-892 (Bus. Corp. Act); 33-953 (annual report)

Source site: cga.ct.gov

Statute note: Admin dissolution (Section 33-890) when >1 yr in default on annual report (Section 33-953) or loss of registered agent, after a 3-month cure window post-notice. Dissolution effective on SOS filing the certificate; reinstatement (Section 33-892) restores standing.

Citation check: Verified against the official source text, retrieved 2026-07-03.

DomesticatedGreen

Definition: The entity has changed its jurisdiction of incorporation or organization from another state to Connecticut. It is now considered a domestic entity in Connecticut, subject to local laws and regulations. While this status change doesn't inherently affect creditworthiness, lenders should review the reasons for domestication and ensure compliance with Connecticut regulations, as it may impact the entity's financial structure and operational practices.

Lending read:

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Connecticut::Domesticated. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Conn. Gen. Stat. Sections 34-641 to 34-646 (Connecticut Entity Transactions Act, domestication)

Source site: www.cga.ct.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

RenuciatedReview

Definition: Renuciated status as recorded by the Connecticut Secretary of State.

Lending read: This status indicates that the entity has formally renounced or given up certain rights or claims, possibly in the context of its business operations or legal standing. This is not a common status and may vary in interpretation depending on the specific context. Lenders should seek clarification on the specific rights or claims renounced, as this could significantly impact the entity's operational capacity and financial stability.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Connecticut::Renuciated. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: No governing statute in current Conn. Gen. Stat.; legacy Connecticut filing-office records convention (renunciation of franchise under pre-1997 corporation law, repealed by P.A. 94-186); official records: Connecticut Business Records Search, https://service.ct.gov/business/s/onlinebusinesssearch

Source site: service.ct.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

RenunciatedReview

Definition: The entity has been formally dissolved, either voluntarily by its owners or involuntarily by the state. It is no longer recognized as an active legal entity in Connecticut and cannot conduct business.

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Connecticut::Renunciated. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: No governing statute in current Conn. Gen. Stat.; legacy Connecticut filing-office records convention (renunciation of franchise under pre-1997 corporation law, repealed by P.A. 94-186); official records: Connecticut Business Records Search, https://service.ct.gov/business/s/onlinebusinesssearch

Source site: service.ct.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

CancelledRed

Definition: The entity's registration or license has been canceled, meaning it is no longer authorized to operate in Connecticut.

Lending read: This status often results from administrative action due to non-compliance or voluntary cancellation by the entity. For lenders, this status indicates a high-risk situation, as the business lacks legal authority to operate, potentially impacting its ability to generate revenue and repay loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Connecticut::Cancelled. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Conn. Gen. Stat. Sections 34-32a, 34-32b (cancellation of certificate of limited partnership; cancellation by forfeiture)

Source site: www.cga.ct.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

DissolvedRed

Definition: The entity has been formally dissolved, either voluntarily by its owners or involuntarily by the state. It is no longer recognized as an active legal entity in Connecticut and cannot conduct business.

Lending read: Lenders should be extremely cautious with dissolved entities, as they no longer have legal standing to operate, severely impacting their ability to generate income or repay loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Connecticut::Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Conn. Gen. Stat. Sections 33-890, 33-892 (Bus. Corp. Act); 33-953 (annual report)

Source site: cga.ct.gov

Statute note: Admin dissolution (Section 33-890) when >1 yr in default on annual report (Section 33-953) or loss of registered agent, after a 3-month cure window post-notice. Dissolution effective on SOS filing the certificate; reinstatement (Section 33-892) restores standing.

Citation check: Verified against the official source text, retrieved 2026-07-03.

ForfeitedRed

Definition: The entity has lost its legal status due to failure to meet certain statutory requirements, such as not filing reports or paying fees. The entity is no longer authorized to conduct business in Connecticut until it rectifies the issue and potentially reinstates its status.

Lending read: Lenders should approach forfeited entities with caution, as this status suggests financial instability or poor administrative practices, which could affect creditworthiness and operational viability.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Connecticut::Forfeited. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Conn. Gen. Stat. Section 34-32b (cancellation by forfeiture for failure to file annual report or maintain statutory agent)

Source site: www.cga.ct.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

RevokedRed

Definition: The entity's authority to operate has been revoked by the state, typically due to serious non-compliance with state regulations, such as failing to file reports or pay fees. The entity is no longer authorized to operate and must address the reasons for revocation to be reinstated.

Lending read: Lenders should view revoked status as a significant red flag, indicating severe compliance issues that could reflect deeper financial or operational problems, substantially increasing the risk associated with any potential lending.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Connecticut::Revoked. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Conn. Gen. Stat. Sections 33-935, 33-936 (revocation of certificate of authority of foreign corporation)

Source site: www.cga.ct.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

WithdrawnRed

Definition: The entity has voluntarily withdrawn its registration or authorization to do business in Connecticut, indicating it has ceased operations in the state and is no longer recognized as an active entity there.

Lending read: For lenders, a withdrawn status suggests the business has intentionally ceased operations in Connecticut, which could indicate a strategic decision or financial difficulties, necessitating careful evaluation of the entity's overall financial health and operational status in other jurisdictions.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Connecticut::Withdrawn. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Conn. Gen. Stat. Section 33-932 (withdrawal of foreign corporation)

Source site: www.cga.ct.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Delaware20 statuses: 1 green, 3 yellow, 2 review, 14 red
Good StandingGreen

Definition: The entity's existence has not been terminated either voluntarily or administratively.

Lending read: This status generally indicates a lower risk for lenders, as it suggests the business is compliant with state requirements and likely operationally stable.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Delaware::Good Standing. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 8 Del. C. Sections 510, 511, 311; 6 Del. C. Section 18-1107

Source site: delcode.delaware.gov/title8

Statute note: Void = corp failure to pay franchise tax / file annual report 1 yr (Section 510). Forfeited = registered-agent lapse >30 days. Cancelled = LLC/LP unpaid tax 3 yrs. Revival under Section 311.

Citation check: Verified against the official source text, retrieved 2026-07-02.

AR delinquent, Tax dueYellow

Definition: AR delinquent, Tax due status as recorded by the Delaware Secretary of State.

Lending read: This represents a corporation that has not filed the required annual report and there are delinquent taxes due. This status indicates significant compliance issues and potential financial distress, presenting high risks for lenders.

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: Delaware::AR delinquent, Tax due. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 8 Del. C. Sections 510, 511, 312; 6 Del. C. Sections 18-1107, 18-1108

Source site: delcode.delaware.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

AR delinquent, Tax paidYellow

Definition: AR delinquent, Tax paid status as recorded by the Delaware Secretary of State.

Lending read: This represents a corporation that has paid taxes in full, however the required annual report has not been filed. While tax payment is positive, the failure to file annual reports may indicate administrative issues or potential operational changes that lenders should investigate further.

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: Delaware::AR delinquent, Tax paid. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 8 Del. C. Sections 510, 511, 312; 6 Del. C. Sections 18-1107, 18-1108

Source site: delcode.delaware.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

AR filed, Tax delinquentYellow

Definition: AR filed, Tax delinquent status as recorded by the Delaware Secretary of State.

Lending read: This represents a corporation that has filed the required annual report, however there are still delinquent taxes due. While the entity shows some level of compliance by filing reports, the tax delinquency suggests financial difficulties that could impact loan repayment ability.

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: Delaware::AR filed, Tax delinquent. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 8 Del. C. Sections 510, 511, 312; 6 Del. C. Sections 18-1107, 18-1108

Source site: delcode.delaware.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

ConvertedReview

Definition: A Certificate of Conversion has been filed. This entity has been converted to an entity that is in existence in another jurisdiction.

Lending read: Lenders should investigate the entity's new jurisdiction and status, as this change could impact regulatory compliance and financial reporting requirements.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Delaware::Converted. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 8 Del. C. Section 266

Source site: delcode.delaware.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

Resign to AppointmentReview

Definition: An Unincorporated Non-Profit Association filed pursuant to Title 6, Chapter 19 may appoint an agent to receive service of process. If such agent resigns from this appointment the entity would show this status. While specific to non-profits, this status indicates a gap in the entity's legal representation, which could impact its ability to receive important communications and may suggest administrative challenges.

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Delaware::Resign to Appointment. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 6 Del. C. Section 1910

Source site: delcode.delaware.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

CancelledRed

Definition: A certificate of Cancellation has been voluntarily filed by the entity to terminate its existence. This certificate is filed when an entity has dissolved and at the completion of winding up the entity.

Lending read: Lenders should be extremely cautious with cancelled entities, as they have ceased operations and are unlikely to have ongoing revenue or assets.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Delaware::Cancelled. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 6 Del. C. Section 18-203 (voluntary cancellation); 6 Del. C. Section 18-1108 (cancellation for 3-year tax nonpayment)

Source site: delcode.delaware.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

Cancelled-VoidedRed

Definition: A Limited Partnership, Limited Liability Company or Partnership failed to pay their annual tax for a period of 3 years from the date it is due.

Lending read: This status indicates severe tax delinquency and likely financial distress, presenting a high risk for lenders and suggesting potential operational cessation.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Delaware::Cancelled-Voided. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 6 Del. C. Section 18-1108 (LLC); 6 Del. C. Section 17-1110 (LP, unverified)

Source site: delcode.delaware.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

Ceased Good StandingRed

Definition: Ceased Good Standing status as recorded by the Delaware Secretary of State.

Lending read: This represents an entity that failed to pay their annual taxes timely. For example: 2002 taxes due June 1, 2003 were not received by end of day June 1, 2003. While less severe than some other statuses, this indicates potential financial difficulties or administrative issues that could impact the entity's stability and ability to repay loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Delaware::Ceased Good Standing. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 8 Del. C. Sections 510, 511, 311; 6 Del. C. Section 18-1107

Source site: delcode.delaware.gov/title8

Statute note: Ceased Good Standing = tax nonpayment; the entity still legally exists and is expressly preserved (6 Del. C. s. 18-1107: it "shall remain a domestic limited liability company"). Cure is paying the annual tax. Escalation timing differs by form: a corporation charter becomes void after 1 year (s. 510, revival under s. 312); an LLC certificate of formation is canceled only after 3 years of nonpayment (s. 18-1108).

Citation check: Verified against the official source text, retrieved 2026-07-02.

ConsolidatedRed

Definition: A Certificate of Merger and Consolidation has been filed. The existence of this entity has terminated and a new entity has been created as a result of the filing.

Lending read: Lenders should be aware that the original entity no longer exists, and any lending decisions should be based on the newly created entity's status and financials.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Delaware::Consolidated. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 8 Del. C. Sections 251, 259

Source site: delcode.delaware.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

DissolvedRed

Definition: A certificate of Dissolution has been voluntarily filed by the corporation to terminate its legal existence. Similar to cancelled status, dissolved entities pose significant risks for lenders as they are no longer operating and may have limited assets or ability to repay loans.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Delaware::Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 8 Del. C. Sections 275, 278, 311

Source site: delcode.delaware.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

ExpiredRed

Definition: A Limited Liability Partnership or Limited Liability Limited Partnership has not filed their annual report in a timely manner. A reinstatement and all Annual Reports that have not been filed, may be filed to reinstate the LLP or LLLP to good standing status. Refer to Title 6, Chapter 15 Section 1003. Expired status indicates potential compliance issues and operational instability, which may increase lending risk, though the possibility of reinstatement suggests the business could return to good standing.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Delaware::Expired. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 6 Del. C. Sections 15-1003, 15-1004

Source site: delcode.delaware.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

ForfeitedRed

Definition: A corporation has on record a Certificate of Resignation of registered agent and the appointment of a new registered agent was not filed within the designated period of 30 days.

Lending read: This status suggests administrative negligence and potential communication difficulties, which could be red flags for lenders assessing the business's management capabilities and stability.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Delaware::Forfeited. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 8 Del. C. Section 136

Source site: delcode.delaware.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

Forfeited-ResignedRed

Definition: A Limited Partnership, Limited Liability Company or Partnership that has on record a Certificate of Resignation of registered agent and the appointment of a new registered agent was not filed within the designated period of 30 days.

Lending read: This status suggests administrative negligence and potential communication difficulties, which could be red flags for lenders assessing the business's management capabilities and stability.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Delaware::Forfeited-Resigned. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 6 Del. C. Section 18-104(d); 6 Del. C. Section 17-104 (LP, unverified)

Source site: delcode.delaware.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

MergedRed

Definition: A Certificate of Merger between 1 or more entities has been filed. This entity did not survive the merger but was merged into another entity. Similar to consolidated status, lenders should focus on the surviving entity's status and financial health when making lending decisions.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Delaware::Merged. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 8 Del. C. Sections 251, 259

Source site: delcode.delaware.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

RevokedRed

Definition: A Limited Liability Partnership (LLP) that has not filed their Annual Report. The Statement of Qualification or Statement of Foreign Qualification of the LLP has been revoked by the Secretary of State. Revoked status indicates severe compliance issues and potential operational instability, presenting significant risks for lenders.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Delaware::Revoked. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 6 Del. C. Sections 15-1003, 15-1004

Source site: delcode.delaware.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

SurrenderedRed

Definition: A Certificate of Voluntary Dissolution before issuance of shares or before beginning of business has been filed with the Division of Corporations.

Lending read: This status indicates the entity never became fully operational, presenting significant risks for lenders as there may be no assets or revenue stream to support loan repayment.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Delaware::Surrendered. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 8 Del. C. Section 274

Source site: delcode.delaware.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

TransferRed

Definition: A Certificate of Transfer has been filed and the result of such transfer is the cessation of its existence as an entity of the State of Delaware.

Lending read: Lenders should be aware that the entity no longer exists in Delaware and should investigate its new status and jurisdiction before making lending decisions.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Delaware::Transfer. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 8 Del. C. Section 390

Source site: delcode.delaware.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

VoidRed

Definition: A corporation that failed to pay it's annual franchise tax for a period of 1 year or a Foreign Corporation that has not filed their annual reports within a 2 year period. Void status suggests severe compliance issues and potential cessation of operations, presenting significant risks for lenders.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Delaware::Void. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 8 Del. C. Sections 510, 511, 312; 6 Del. C. Sections 18-1107, 18-1108

Source site: delcode.delaware.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

WithdrawalRed

Definition: A voluntary Certificate of Withdrawal has been filed by the Corporation which is registered/qualified to do business in Delaware as a Foreign Corporation but domestic in another jurisdiction, to terminate it's authority to transact business in the State of Delaware.

Lending read: Lenders should investigate the entity's status in its domestic jurisdiction, as withdrawal from Delaware may indicate a change in operations or market focus.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Delaware::Withdrawal. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 8 Del. C. Section 381

Source site: delcode.delaware.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

Florida7 statuses: 1 green, 0 yellow, 5 review, 1 red
ActiveGreen

Definition: The business entity is active.

Lending read: This status indicates that the business is currently operating and compliant with state regulations, suggesting a lower risk profile for lenders and potentially better creditworthiness.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Florida::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Fla. Stat. Sections 607.1420, 607.1422; 605.0714 (LLC)

Source site: www.flsenate.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

Cross RefReview

Definition: The business entity's name in its home state. For out-of-state businesses, this status helps lenders verify the entity's legal standing in its primary jurisdiction, which is crucial for assessing overall stability and compliance.

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Florida::Cross Ref. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Division of Corporations records cross-reference convention (sunbiz.org); dissolution statutes inapplicable

Source site: dos.fl.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

Inactive/CVReview

Definition: The business entity is inactive due to a conversion.

Lending read: This status suggests a change in business structure or type, necessitating a thorough review by lenders to understand the implications of the conversion on the entity's financial health and operational stability.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Florida::Inactive/CV. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Fla. Stat. Section 607.11935 (effect of conversion); Division of Corporations INACT/CV records convention (sunbiz.org)

Source site: www.flsenate.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

Inactive/MGReview

Definition: The business entity is inactive due to a merger.

Lending read: This status indicates a significant change in the business structure, requiring lenders to reassess the new entity's financial position, operational stability, and creditworthiness post-merger.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Florida::Inactive/MG. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Fla. Stat. Section 607.1106 (effect of merger); Division of Corporations INACT/MG records convention (sunbiz.org)

Source site: www.flsenate.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

Inactive/UAReview

Definition: The business entity is inactive but the name is held for a statutory period and currently unavailable. While the business is not currently operating, the held name might indicate potential for reactivation, requiring lenders to investigate the reasons for inactivity and future plans.

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Florida::Inactive/UA. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Fla. Stat. Sections 607.1420, 607.1422(5); 605.0714 (LLC); sunbiz.org INACT/UA convention

Source site: www.flsenate.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

Name HSReview

Definition: The previous name of the business entity.

Lending read: This status suggests a name change, which could impact the business's market presence or indicate restructuring, prompting lenders to examine the reasons behind the change and any potential effects on creditworthiness.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Florida::Name HS. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Division of Corporations name-history records convention (sunbiz.org); dissolution statutes inapplicable

Source site: dos.fl.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

InactiveRed

Definition: The business entity is inactive.

Lending read: This status may signal operational issues or voluntary closure, raising concerns about the business's ability to repay loans and requiring careful risk assessment by lenders.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Florida::Inactive. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Fla. Stat. Sections 607.1420, 607.1422; 605.0714 (LLC)

Source site: www.flsenate.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

Georgia13 statuses: 2 green, 2 yellow, 2 review, 7 red
Active/ComplianceGreen

Definition: The business entity is currently operational and in full compliance with all state regulations, including necessary filings and fee payments.

Lending read: This status indicates a lower risk for lenders, as it suggests the business is responsibly managing its legal obligations and likely maintaining good financial practices.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Georgia::Active/Compliance. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Georgia SOS eCorp business-records status convention (verify at https://ecorp.sos.ga.gov/BusinessSearch); underlying compliance duty is O.C.G.A. 14-2-1622 (annual registration)

Source site: sos.ga.gov

Citation check: Corrected citation on file; official text verification is pending human review.

RedeemedGreen

Definition: The entity has rectified previous non-compliance issues and has been restored to good standing.

Lending read: This status indicates a positive step towards stability, but lenders should still investigate the nature of the previous non-compliance and ensure that the business has fully addressed any underlying issues that led to the initial problems.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Georgia::Redeemed. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: O.C.G.A. Sections 14-2-1420, 14-2-1421, 14-2-1422; 14-11-603 (LLC)

Source site: sos.ga.gov

Statute note: Admin dissolution (Section 14-2-1421) on Section 14-2-1420 grounds (failure to file annual registration, pay fees, maintain agent). Dissolved entity exists but may only wind up; reinstatement within 5 yrs relates back as if dissolution never occurred (Section 14-2-1422(d)). Foreign entity revocation requires re-qualification, not reinstatement.

Citation check: Verified against the official source text, retrieved 2026-07-03.

Active/NoncomplianceYellow

Definition: The entity is operational but not fully compliant with state requirements, putting its good standing at risk. While the business is still functioning, this status suggests potential management or financial issues that could escalate, requiring lenders to carefully assess the specific non-compliance factors and their potential impact on the business's stability.

Lending read:

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: Georgia::Active/Noncompliance. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: O.C.G.A. Sections 14-2-1420, 14-2-1421, 14-2-1422; 14-11-603 (LLC)

Source site: sos.ga.gov

Statute note: Admin dissolution (Section 14-2-1421) on Section 14-2-1420 grounds (failure to file annual registration, pay fees, maintain agent). Dissolved entity exists but may only wind up; reinstatement within 5 yrs relates back as if dissolution never occurred (Section 14-2-1422(d)). Foreign entity revocation requires re-qualification, not reinstatement.

Citation check: Verified against the official source text, retrieved 2026-07-03.

Noncompliance/NonpaymentYellow

Definition: The entity is not in good standing due to failure to comply with certain requirements, such as paying fees or filing necessary documents.

Lending read: This status raises red flags for lenders, as it may indicate financial difficulties or poor management practices that could affect the business's ability to meet loan obligations.

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: Georgia::Noncompliance/Nonpayment. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: O.C.G.A. Sections 14-2-1420, 14-2-1421, 14-2-1422; 14-11-603 (LLC)

Source site: sos.ga.gov

Statute note: Admin dissolution (Section 14-2-1421) on Section 14-2-1420 grounds (failure to file annual registration, pay fees, maintain agent). Dissolved entity exists but may only wind up; reinstatement within 5 yrs relates back as if dissolution never occurred (Section 14-2-1422(d)). Foreign entity revocation requires re-qualification, not reinstatement.

Citation check: Verified against the official source text, retrieved 2026-07-03.

InactiveReview

Definition: The entity is not currently operational but has not been formally dissolved. It may be in a dormant state.

Lending read: Lenders should be wary of inactive entities, as they may lack current revenue streams or assets, potentially increasing the risk associated with lending.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Georgia::Inactive. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Georgia SOS eCorp business-records status convention; verify the entity's actual filing history at https://ecorp.sos.ga.gov/BusinessSearch

Source site: sos.ga.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Name Reservation RejectedReview

Definition: The request to reserve a specific business name has been denied by the state, possibly due to the name being already in use or not meeting legal requirements. While this status primarily relates to naming issues, lenders should be aware that it could delay business formation or indicate potential trademark conflicts, which might impact the business's branding and market position.

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Georgia::Name Reservation Rejected. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: O.C.G.A. 14-2-401 (corporate name distinguishability) and 14-2-402 (reserved name); Georgia SOS eCorp name reservation practice

Source site: sos.ga.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Admin. DissolvedRed

Definition: The entity has been administratively dissolved by the state due to failure to meet legal obligations, such as filing required reports or paying fees.

Lending read: Lenders should exercise caution with these entities, as administrative dissolution often indicates financial difficulties or management issues that could impact loan repayment ability.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Georgia::Admin. Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: O.C.G.A. Sections 14-2-1420, 14-2-1421, 14-2-1422; 14-11-603 (LLC)

Source site: sos.ga.gov

Statute note: Admin dissolution (Section 14-2-1421) on Section 14-2-1420 grounds (failure to file annual registration, pay fees, maintain agent). Dissolved entity exists but may only wind up; reinstatement within 5 yrs relates back as if dissolution never occurred (Section 14-2-1422(d)). Foreign entity revocation requires re-qualification, not reinstatement.

Citation check: Verified against the official source text, retrieved 2026-07-03.

ExpiredRed

Definition: The entity's registration or reserved name has lapsed due to non-renewal, and it is no longer authorized to conduct business unless renewed.

Lending read: This status suggests potential operational instability or financial constraints, warranting careful consideration in lending decisions and thorough due diligence on the business's current status and plans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Georgia::Expired. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Georgia SOS eCorp records convention for lapsed filings; name reservation lapse governed by O.C.G.A. 14-2-402 (reserved name)

Source site: sos.ga.gov

Citation check: Corrected citation on file; official text verification is pending human review.

MergedRed

Definition: The entity has merged with another entity and no longer exists as a separate legal entity. When considering loans for merged entities, lenders should assess the financial health and stability of the resulting combined entity, as well as any changes in management or operational structure that could affect creditworthiness.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Georgia::Merged. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: O.C.G.A. 14-2-1101 et seq. (corporate mergers; effect of merger at 14-2-1106); 14-11-901 et seq. (LLC mergers); see Ga. Comp. R. & Regs. 590-7-7-.01

Source site: rules.sos.ga.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

RevokedRed

Definition: The entity's registration has been revoked by the state, often due to serious or repeated non-compliance, meaning it is no longer legally allowed to operate.

Lending read: Lenders should avoid extending credit to revoked entities, as they lack legal standing and may face significant challenges in resuming operations or generating revenue.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Georgia::Revoked. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: O.C.G.A. 14-2-1530 et seq. (revocation of certificate of authority of foreign corporation); Ga. Comp. R. & Regs. 590-7-7-.03

Source site: rules.sos.ga.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

TerminatedRed

Definition: The entity has been formally dissolved, either voluntarily or by state action, and is no longer in existence.

Lending read: Lenders should not consider terminated entities for loans, as they no longer exist as legal business entities and have no capacity to enter into new financial agreements.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Georgia::Terminated. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: O.C.G.A. 14-2-1401 et seq. (voluntary dissolution of corporations); 14-11-602 et seq. (LLC dissolution and certificate of termination); 14-2-1421 only for the administrative track

Source site: rules.sos.ga.gov

Citation check: Corrected citation on file; official text verification is pending human review.

WithdrawnRed

Definition: The entity has voluntarily ceased operations in Georgia and has formally withdrawn its registration.

Lending read: Lenders should be cautious with withdrawn entities, as they may no longer have a presence or assets in the state, potentially complicating loan recovery if issues arise.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Georgia::Withdrawn. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: O.C.G.A. 14-2-1520 (withdrawal of foreign corporation); Ga. Comp. R. & Regs. 590-7-7-.03

Source site: rules.sos.ga.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Withdrawn/MergedRed

Definition: The entity has both withdrawn from the state and merged with another entity, ceasing its separate existence in Georgia.

Lending read: Lenders should approach these entities with caution, focusing on the current status and financial health of the resulting merged entity, particularly if it operates in other jurisdictions.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Georgia::Withdrawn/Merged. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: O.C.G.A. 14-2-1520 (withdrawal of foreign corporation); 14-2-1101 et seq. and 14-11-901 et seq. (mergers); Ga. Comp. R. & Regs. 590-7-7-.01, -.03

Source site: rules.sos.ga.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Hawaii20 statuses: 1 green, 0 yellow, 8 review, 11 red
ActiveGreen

Definition: Active registration. Businesses with this status are currently registered and operational, generally presenting a lower risk for lenders due to their compliance with state requirements and ongoing business activities.

Lending read:

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Hawaii::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: HRS Section 414-472 (annual report); cf. HRS Sections 414-401 to 414-403 (consequences of noncompliance)

Source site: data.capitol.hawaii.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

1Review

Definition: Annual report 1 yr delinquent.

Lending read: This status indicates a failure to meet reporting obligations, potentially signaling financial distress or management issues that could increase risk for lenders.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Hawaii::1. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: HRS Sections 414-401, 414-402, 414-403 (Bus. Corp. Act)

Source site: capitol.hawaii.gov

Statute note: Administered by the Dept of Commerce & Consumer Affairs (DCCA), not a Secretary of State. Admin dissolution (Section 414-402) after 60-day cure; entity continues to exist but may only wind up. Reinstatement (Section 414-403) within 2 yrs, relates back; requires Dept of Taxation certificate, which may show full payment, a payment arrangement, OR liabilities under active appeal (more flexible than most tax-clearance gates).

Citation check: Verified against the official source text, retrieved 2026-07-03.

2Review

Definition: Annual report 2 yr delinquent. With two years of delinquent reports, this status suggests more severe compliance issues or potential financial troubles, presenting higher risk for lenders.

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Hawaii::2. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: HRS Sections 414-401, 414-402, 414-403 (Bus. Corp. Act)

Source site: capitol.hawaii.gov

Statute note: Administered by the Dept of Commerce & Consumer Affairs (DCCA), not a Secretary of State. Admin dissolution (Section 414-402) after 60-day cure; entity continues to exist but may only wind up. Reinstatement (Section 414-403) within 2 yrs, relates back; requires Dept of Taxation certificate, which may show full payment, a payment arrangement, OR liabilities under active appeal (more flexible than most tax-clearance gates).

Citation check: Verified against the official source text, retrieved 2026-07-03.

Adm TermReview

Definition: Administratively Terminated. Similar to "Adm. Terminated," this status indicates non-compliance with state requirements, suggesting potential operational or financial issues that increase lending risk.

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Hawaii::Adm Term. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: HRS Sections 414-401, 414-402, 414-403 (Bus. Corp. Act)

Source site: capitol.hawaii.gov

Statute note: Administered by the Dept of Commerce & Consumer Affairs (DCCA), not a Secretary of State. Admin dissolution (Section 414-402) after 60-day cure; entity continues to exist but may only wind up. Reinstatement (Section 414-403) within 2 yrs, relates back; requires Dept of Taxation certificate, which may show full payment, a payment arrangement, OR liabilities under active appeal (more flexible than most tax-clearance gates).

Citation check: Verified against the official source text, retrieved 2026-07-03.

BouncedReview

Definition: Check bounced.

Lending read: This status raises immediate concerns about the business's financial stability and cash flow management, signaling increased risk for lenders and necessitating careful financial scrutiny.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Hawaii::Bounced. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: DCCA BREG filing-records convention (dishonored payment); no governing HRS section - see https://cca.hawaii.gov/breg/ (cf. HRS Section 414-401(1) for unpaid fees as a dissolution ground)

Source site: cca.hawaii.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

ConvertedReview

Definition: Converted out.

Lending read: This status indicates a change in business structure, which may affect the entity's legal standing and financial obligations, requiring lenders to reassess the business's creditworthiness under its new form.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Hawaii::Converted. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: HRS Sections 414-271, 414-272 (conversion into and from corporations)

Source site: data.capitol.hawaii.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

HeldReview

Definition: Holding for correction. While temporary, this status suggests potential issues with the business's registration or compliance, warranting further inquiry by lenders to assess any underlying risks.

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Hawaii::Held. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: DCCA BREG filing-records convention (held for correction); cf. HRS Section 414-16(c) and HRS Section 414-472(e)

Source site: data.capitol.hawaii.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Nm. Chg.Review

Definition: Name changed. While not inherently risky, lenders should ensure they have updated information and verify the business's history under both names to maintain accurate risk assessment.

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Hawaii::Nm. Chg.. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: HRS Sections 414-281 to 414-283 (amendment of articles of incorporation)

Source site: data.capitol.hawaii.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

RejectedReview

Definition: Rejected.

Lending read: This status implies the business's application or filing was not accepted, potentially due to errors or non-compliance, warranting further investigation by lenders to understand the underlying issues.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Hawaii::Rejected. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: HRS Section 414-16 (filing duty of department director; refusal and return of documents)

Source site: data.capitol.hawaii.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Adm. TerminatedRed

Definition: Administratively Terminated.

Lending read: This status suggests the business failed to meet state requirements, indicating potential operational or financial issues that could increase lending risk and require thorough investigation.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Hawaii::Adm. Terminated. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: HRS Sections 414-401, 414-402, 414-403 (Bus. Corp. Act)

Source site: capitol.hawaii.gov

Statute note: Administered by the Dept of Commerce & Consumer Affairs (DCCA), not a Secretary of State. Admin dissolution (Section 414-402) after 60-day cure; entity continues to exist but may only wind up. Reinstatement (Section 414-403) within 2 yrs, relates back; requires Dept of Taxation certificate, which may show full payment, a payment arrangement, OR liabilities under active appeal (more flexible than most tax-clearance gates).

Citation check: Verified against the official source text, retrieved 2026-07-03.

CancelledRed

Definition: Cancelled voluntarily. Similar to dissolution, this status indicates the business has chosen to close, potentially impacting its ability to repay loans and requiring careful consideration from lenders.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Hawaii::Cancelled. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: HRS Section 482-28 (cancellation of mark registration) or the applicable non-corporate registration chapter; DCCA BREG records designation, not an HRS ch. 414 status

Source site: data.capitol.hawaii.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

DissolvedRed

Definition: Dissolved voluntarily. While this indicates a planned closure, lenders should be cautious as the business has ceased operations, potentially affecting loan repayment capabilities and overall creditworthiness.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Hawaii::Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: HRS Sections 414-382, 414-383, 414-385 (voluntary dissolution and its effect)

Source site: data.capitol.hawaii.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

ExpiredRed

Definition: Withdrew/not completed.

Lending read: This status suggests the business may have ceased operations or failed to complete registration, indicating potential financial instability or operational issues that could increase lending risk.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Hawaii::Expired. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: DCCA BREG filing-records convention (application withdrawn/not completed) - see https://cca.hawaii.gov/breg/; cf. HRS Section 414-402(e)-(f) only if the status means expired period of duration

Source site: data.capitol.hawaii.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Inv. CancelledRed

Definition: Cancelled involuntarily.

Lending read: This status implies the business was forcibly closed by authorities, potentially due to non-compliance or other serious issues, signaling high risk for lenders and possible legal or financial problems.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Hawaii::Inv. Cancelled. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: HRS Section 482-28 (director/court-ordered cancellation of mark registration) or the applicable non-corporate registration chapter; DCCA BREG records designation, not an HRS ch. 414 status

Source site: data.capitol.hawaii.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Inv. RevokedRed

Definition: Revoked involuntarily.

Lending read: This status implies serious non-compliance or legal issues, presenting high risk for lenders and necessitating thorough investigation before considering any lending activities.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Hawaii::Inv. Revoked. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: HRS Sections 414-461, 414-462 (revocation of foreign corporation's certificate of authority)

Source site: data.capitol.hawaii.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Invol. dissolvedRed

Definition: Dissolved involuntarily.

Lending read: This status indicates forced closure by authorities, suggesting serious compliance or financial issues that present high risk for lenders and necessitate careful evaluation of any outstanding obligations.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Hawaii::Invol. dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: HRS Sections 414-401, 414-402, 414-403 (Bus. Corp. Act)

Source site: capitol.hawaii.gov

Statute note: Administered by the Dept of Commerce & Consumer Affairs (DCCA), not a Secretary of State. Admin dissolution (Section 414-402) after 60-day cure; entity continues to exist but may only wind up. Reinstatement (Section 414-403) within 2 yrs, relates back; requires Dept of Taxation certificate, which may show full payment, a payment arrangement, OR liabilities under active appeal (more flexible than most tax-clearance gates).

Citation check: Verified against the official source text, retrieved 2026-07-03.

MergedRed

Definition: Merged out. While potentially positive for business growth, mergers can also complicate financial structures and obligations, requiring lenders to reassess the entity's creditworthiness and stability post-merger.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Hawaii::Merged. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: HRS Sections 414-315, 414-316 (articles of merger; effect of merger)

Source site: data.capitol.hawaii.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Records FrozenRed

Definition: Records Frozen. This unusual status may indicate legal issues or severe non-compliance, presenting significant risk for lenders and requiring thorough investigation before any lending decisions.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Hawaii::Records Frozen. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: DCCA BREG filing-records convention (records frozen); no governing HRS section - see https://cca.hawaii.gov/breg/

Source site: cca.hawaii.gov

Citation check: Corrected citation on file; official text verification is pending human review.

RevokedRed

Definition: Revoked registration.

Lending read: This status implies the business's registration has been cancelled by authorities, likely due to severe non-compliance or legal issues, presenting significant risk for lenders and requiring thorough investigation before any lending considerations.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Hawaii::Revoked. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: HRS Sections 414-461, 414-462 (grounds for and procedure/effect of revocation)

Source site: data.capitol.hawaii.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

WithdrawnRed

Definition: Foreign entity withdrawn.

Lending read: This status suggests the business has voluntarily ceased operations in the state, potentially impacting its market presence and financial stability, which lenders should carefully consider.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Hawaii::Withdrawn. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: HRS Section 414-451 (withdrawal of foreign corporation)

Source site: data.capitol.hawaii.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Idaho11 statuses: 3 green, 0 yellow, 0 review, 8 red
Active-CurrentGreen

Definition: The entity is actively operating and has fulfilled all its regulatory and compliance requirements, including up-to-date filings and fees. It is fully operational and recognized as valid.

Lending read: This status generally indicates a lower risk for lenders, as it suggests the business is responsibly managing its legal obligations and likely maintaining good operational stability.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Idaho::Active-Current. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Idaho Code Sections 30-21-602, 30-21-603 (Uniform Bus. Organizations Code)

Source site: legislature.idaho.gov

Statute note: Admin dissolution (Section 30-21-602) after 60-day cure; entity continues to exist but may only wind up. Reinstatement (Section 30-21-603) available up to 10 yrs (unusually long window), relates back as if dissolution never occurred; requires payment of all fees/taxes/interest/penalties accrued during the dissolved period.

Citation check: Verified against the official source text, retrieved 2026-07-05.

Active-ExistingGreen

Definition: The entity is currently in existence and operational but may not necessarily be in good standing. It has not been formally dissolved or withdrawn but may have some pending compliance issues.

Lending read: Lenders should conduct thorough due diligence on these entities, as unresolved compliance issues could indicate financial instability or management problems that may affect creditworthiness.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Idaho::Active-Existing. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Idaho Code Sections 30-21-602, 30-21-603 (Uniform Bus. Organizations Code)

Source site: legislature.idaho.gov

Statute note: Admin dissolution (Section 30-21-602) after 60-day cure; entity continues to exist but may only wind up. Reinstatement (Section 30-21-603) available up to 10 yrs (unusually long window), relates back as if dissolution never occurred; requires payment of all fees/taxes/interest/penalties accrued during the dissolved period.

Citation check: Corrected citation on file; official text verification is pending human review.

Active-Good StandingGreen

Definition: The entity is fully compliant with all statutory requirements, including timely submissions of required documents and payment of fees. It is in good legal and financial standing with regulatory authorities.

Lending read: This status is generally favorable for lenders, indicating responsible management and compliance, which often correlates with better operational stability and creditworthiness.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Idaho::Active-Good Standing. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Idaho Code Sections 30-21-602, 30-21-603 (Uniform Bus. Organizations Code)

Source site: legislature.idaho.gov

Statute note: Admin dissolution (Section 30-21-602) after 60-day cure; entity continues to exist but may only wind up. Reinstatement (Section 30-21-603) available up to 10 yrs (unusually long window), relates back as if dissolution never occurred; requires payment of all fees/taxes/interest/penalties accrued during the dissolved period.

Citation check: Corrected citation on file; official text verification is pending human review.

Inactive-CancelledRed

Definition: The entity's registration has been formally canceled, usually due to reasons such as failure to comply with legal obligations or voluntary action. It is no longer recognized as a valid legal entity.

Lending read: Lenders should avoid canceled entities, as they no longer have legal standing to operate, presenting extreme risk for any potential lending activities.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Idaho::Inactive-Cancelled. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Idaho Code Sections 30-21-602, 30-21-603 (Uniform Bus. Organizations Code)

Source site: legislature.idaho.gov

Statute note: Admin dissolution (Section 30-21-602) after 60-day cure; entity continues to exist but may only wind up. Reinstatement (Section 30-21-603) available up to 10 yrs (unusually long window), relates back as if dissolution never occurred; requires payment of all fees/taxes/interest/penalties accrued during the dissolved period.

Citation check: Corrected citation on file; official text verification is pending human review.

Inactive-Cancelled (Administrative)Red

Definition: The entity's registration has been canceled by administrative action, often due to serious or repeated non-compliance with regulatory requirements. The cancellation is officially recorded and recognized.

Lending read: This status indicates severe issues with compliance and potentially with the entity's overall management and financial health, making it an extremely high-risk prospect for lenders.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Idaho::Inactive-Cancelled (Administrative). Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Idaho Code Sections 30-21-602, 30-21-603 (Uniform Bus. Organizations Code)

Source site: legislature.idaho.gov

Statute note: Admin dissolution (Section 30-21-602) after 60-day cure; entity continues to exist but may only wind up. Reinstatement (Section 30-21-603) available up to 10 yrs (unusually long window), relates back as if dissolution never occurred; requires payment of all fees/taxes/interest/penalties accrued during the dissolved period.

Citation check: Corrected citation on file; official text verification is pending human review.

Inactive-DissolvedRed

Definition: The entity has been officially terminated through a formal process. It is no longer allowed to conduct business, and its registration has been formally closed, either voluntarily or involuntarily.

Lending read: Lenders should be extremely cautious with dissolved entities, as they no longer have legal standing to operate, significantly impacting their ability to repay loans and presenting high risk.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Idaho::Inactive-Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Idaho Code Sections 30-21-602, 30-21-603 (Uniform Bus. Organizations Code)

Source site: legislature.idaho.gov

Statute note: Admin dissolution (Section 30-21-602) after 60-day cure; entity continues to exist but may only wind up. Reinstatement (Section 30-21-603) available up to 10 yrs (unusually long window), relates back as if dissolution never occurred; requires payment of all fees/taxes/interest/penalties accrued during the dissolved period.

Citation check: Corrected citation on file; official text verification is pending human review.

Inactive-Dissolved (Administrative)Red

Definition: The entity has been dissolved due to administrative reasons.

Lending read: This status suggests that the business has been formally terminated by administrative action, likely due to significant non-compliance or other serious issues, presenting a very high risk for lenders as the entity no longer legally exists and cannot conduct business operations.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Idaho::Inactive-Dissolved (Administrative). Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Idaho Code Sections 30-21-602, 30-21-603 (Uniform Bus. Organizations Code)

Source site: legislature.idaho.gov

Statute note: Admin dissolution (Section 30-21-602) after 60-day cure; entity continues to exist but may only wind up. Reinstatement (Section 30-21-603) available up to 10 yrs (unusually long window), relates back as if dissolution never occurred; requires payment of all fees/taxes/interest/penalties accrued during the dissolved period.

Citation check: Corrected citation on file; official text verification is pending human review.

Inactive-ExpiredRed

Definition: The entity's registration or charter has expired due to a lapse in renewal or failure to update necessary information. It is no longer valid for conducting business but has not been formally dissolved.

Lending read: Lenders should approach expired entities with caution, as the lapse in registration could indicate financial difficulties, poor management, or intention to cease operations, all of which increase lending risk.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Idaho::Inactive-Expired. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Idaho Code Sections 30-21-602, 30-21-603 (Uniform Bus. Organizations Code)

Source site: legislature.idaho.gov

Statute note: Admin dissolution (Section 30-21-602) after 60-day cure; entity continues to exist but may only wind up. Reinstatement (Section 30-21-603) available up to 10 yrs (unusually long window), relates back as if dissolution never occurred; requires payment of all fees/taxes/interest/penalties accrued during the dissolved period.

Citation check: Corrected citation on file; official text verification is pending human review.

Inactive-ForfeitedRed

Definition: The entity has lost its legal status due to failure to comply with regulatory requirements, such as not filing annual reports or not paying required fees. It is no longer authorized to operate.

Lending read: Lenders should view forfeited entities as high-risk, as the loss of legal status indicates serious compliance issues that may reflect deeper financial or operational problems.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Idaho::Inactive-Forfeited. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Idaho Code Sections 30-21-602, 30-21-603 (Uniform Bus. Organizations Code)

Source site: legislature.idaho.gov

Statute note: Admin dissolution (Section 30-21-602) after 60-day cure; entity continues to exist but may only wind up. Reinstatement (Section 30-21-603) available up to 10 yrs (unusually long window), relates back as if dissolution never occurred; requires payment of all fees/taxes/interest/penalties accrued during the dissolved period.

Citation check: Corrected citation on file; official text verification is pending human review.

Inactive-Revoked (Administrative)Red

Definition: The entity's status has been revoked by an administrative authority due to non-compliance with legal requirements, such as failing to file necessary reports or pay fees. The entity is no longer authorized to operate.

Lending read: This status represents a significant red flag for lenders, indicating severe compliance issues that likely reflect broader operational or financial problems, substantially increasing the risk associated with lending to such entities.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Idaho::Inactive-Revoked (Administrative). Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Idaho Code Sections 30-21-602, 30-21-603 (Uniform Bus. Organizations Code)

Source site: legislature.idaho.gov

Statute note: Admin dissolution (Section 30-21-602) after 60-day cure; entity continues to exist but may only wind up. Reinstatement (Section 30-21-603) available up to 10 yrs (unusually long window), relates back as if dissolution never occurred; requires payment of all fees/taxes/interest/penalties accrued during the dissolved period.

Citation check: Corrected citation on file; official text verification is pending human review.

Inactive-WithdrawnRed

Definition: The entity has voluntarily removed itself from its state of incorporation or jurisdiction. It has formally requested to cease its registration and is no longer recognized as active in that jurisdiction.

Lending read: Lenders should be wary of withdrawn entities, as this status suggests the business is no longer operating in the state, which could significantly impact its ability to generate revenue and repay loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Idaho::Inactive-Withdrawn. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Idaho Code Sections 30-21-602, 30-21-603 (Uniform Bus. Organizations Code)

Source site: legislature.idaho.gov

Statute note: Admin dissolution (Section 30-21-602) after 60-day cure; entity continues to exist but may only wind up. Reinstatement (Section 30-21-603) available up to 10 yrs (unusually long window), relates back as if dissolution never occurred; requires payment of all fees/taxes/interest/penalties accrued during the dissolved period.

Citation check: Corrected citation on file; official text verification is pending human review.

Illinois9 statuses: 2 green, 0 yellow, 0 review, 7 red
ACTIVEGreen

Definition: The business is currently operational, compliant with all legal requirements, and recognized as a valid entity by the state of Illinois.

Lending read: This status generally indicates a lower risk for lenders, as it suggests the business is meeting its legal obligations and maintaining good standing, which can be a positive indicator of financial responsibility and operational stability.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Illinois::ACTIVE. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 805 ILCS 5/12.35, 5/12.40, 5/12.45 (BCA of 1983)

Source site: ilga.gov

Statute note: Admin dissolution (Section 12.40) after Notice of Delinquency + 90-day (or 30-day) cure window on Section 12.35 grounds. Reinstatement (Section 12.45) deems corporate existence continuous from dissolution date; no officer personal liability for the gap. "Not Good Standing" is pre-dissolution and curable.

Citation check: Corrected citation on file; official text verification is pending human review.

NOT GOOD STANDING (NGS)Green

Definition: The business is currently operational but has not met certain state requirements, such as filing deadlines or fee payments, and is at risk of further penalties or dissolution if not rectified.

Lending read: Lenders should approach NGS businesses with caution, as this status suggests potential financial or operational issues that could affect the business's ability to meet loan obligations.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Illinois::NOT GOOD STANDING (NGS). Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 805 ILCS 5/12.35, 5/12.40, 5/12.45 (BCA of 1983)

Source site: ilga.gov

Statute note: Admin dissolution (Section 12.40) after Notice of Delinquency + 90-day (or 30-day) cure window on Section 12.35 grounds. Reinstatement (Section 12.45) deems corporate existence continuous from dissolution date; no officer personal liability for the gap. "Not Good Standing" is pre-dissolution and curable.

Citation check: Corrected citation on file; official text verification is pending human review.

DISSOLVEDRed

Definition: The business has been formally closed and is no longer operational. This can be due to voluntary action by the owners or through state action like involuntary dissolution.

Lending read: Lenders should avoid extending credit to dissolved entities, as they no longer have legal standing or the ability to generate income, making loan repayment highly improbable.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Illinois::DISSOLVED. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 805 ILCS 5/12.05, 5/12.15, 5/12.20 (voluntary dissolution and articles of dissolution) together with 805 ILCS 5/12.35, 5/12.40 (administrative dissolution) and 5/12.45 (reinstatement)

Source site: www.ilga.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

INVOLUNTARY DISSOLUTIONRed

Definition: The state has dissolved the business due to its failure to comply with mandatory legal requirements, such as failing to file necessary documents or pay required fees.

Lending read: This status indicates a high risk for lenders, as it suggests significant non-compliance and potential financial difficulties, making loan recovery unlikely.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Illinois::INVOLUNTARY DISSOLUTION. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 805 ILCS 5/12.35, 5/12.40, 5/12.45 (BCA of 1983)

Source site: ilga.gov

Statute note: Admin dissolution (Section 12.40) after Notice of Delinquency + 90-day (or 30-day) cure window on Section 12.35 grounds. Reinstatement (Section 12.45) deems corporate existence continuous from dissolution date; no officer personal liability for the gap. "Not Good Standing" is pre-dissolution and curable.

Citation check: Corrected citation on file; official text verification is pending human review.

MERGED/CONSOLIDATEDRed

Definition: The business has been merged with another entity or consolidated into a new entity, and no longer exists as a separate, independent entity.

Lending read: Lenders should carefully assess the new entity resulting from the merger or consolidation, as the financial stability and creditworthiness may differ from the original business, requiring updated risk assessment.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Illinois::MERGED/CONSOLIDATED. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 805 ILCS 5/11.05 (merger of domestic corporations) and 805 ILCS 5/11.50 (effect of merger, consolidation or exchange)

Source site: www.ilga.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

REVOKEDRed

Definition: The business's authority to operate has been revoked by the state due to failure to comply with certain legal obligations, such as filing annual reports or paying fees.

Lending read: This status raises significant red flags for lenders, as it indicates non-compliance with state requirements and potential financial instability, increasing the risk associated with lending to such entities.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Illinois::REVOKED. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 805 ILCS 5/13.50 (grounds for revocation of authority) and 805 ILCS 5/13.55 (procedure for revocation)

Source site: www.ilga.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

TERMINATEDRed

Definition: The business entity has been officially ended, either through voluntary action or by reaching the end of its legal life or purpose.

Lending read: Lenders should avoid extending credit to terminated entities, as this status indicates the business no longer exists legally and has no capacity to enter into new financial agreements or generate income for loan repayment.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Illinois::TERMINATED. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office records convention on the ilsos.gov Business Entity Search; for LLC end of existence see 805 ILCS 180/35-1 et seq. (Limited Liability Company Act, dissolution)

Source site: apps.ilsos.gov

Citation check: Corrected citation on file; official text verification is pending human review.

VOLUNTARY DISSOLVEDRed

Definition: The business has been formally dissolved by the decision of its owners or directors, meaning it is no longer operational and has been officially closed.

Lending read: This status signifies a high risk for lenders, as the business has ceased operations and is unlikely to generate income or have assets available for loan repayment.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Illinois::VOLUNTARY DISSOLVED. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 805 ILCS 5/12.05, 5/12.15 (voluntary dissolution) and 805 ILCS 5/12.20 (articles of dissolution)

Source site: www.ilga.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

WITHDRAWNRed

Definition: The business has voluntarily ceased its operations in Illinois and has formally withdrawn its registration with the state.

Lending read: Lenders should be cautious when considering loans to withdrawn entities, as this status indicates the business is no longer operating in the state, potentially impacting its ability to generate revenue and repay debts.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Illinois::WITHDRAWN. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 805 ILCS 5/13.45 (withdrawal of foreign corporation)

Source site: www.ilga.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Indiana28 statuses: 1 green, 1 yellow, 13 review, 13 red
ActiveGreen

Definition: The entity is currently operational and in good standing, having met all regulatory and legal requirements.

Lending read: This status generally indicates a lower risk for lenders, as it suggests the business is compliant and likely to be financially stable.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Indiana::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ind. Code Section 23-0.5-2-8

Source site: iga.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Past DueYellow

Definition: The entity has missed a filing deadline or payment and is at risk of further penalties or dissolution.

Lending read: This status indicates potential financial instability or compliance issues, increasing risk for lenders.

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: Indiana::Past Due. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ind. Code Sections 23-0.5-6-1, 23-0.5-6-2, 23-0.5-6-3 (UBOC)

Source site: iga.in.gov

Statute note: Admin dissolution (Section 23-0.5-6-2) after 60-day cure window on grounds incl. unfiled biennial report or no registered agent. Dissolved entity continues to exist but may only wind up or seek reinstatement. Reinstatement (Section 23-0.5-6-3) within 5 yrs relates back; requires DOR tax clearance.

Citation check: Verified against the official source text, retrieved 2026-07-03.

AbandonedReview

Definition: The entity or a specific filing has been abandoned, typically meaning it was never completed or finalized.

Lending read: Lenders should be cautious of abandoned entities, as they may not represent fully formed or operational businesses.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Indiana::Abandoned. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: No governing statute; Indiana SOS filing-office records convention (INBiz Public Business Search, bsd.sos.in.gov/publicbusinesssearch)

Source site: bsd.sos.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

ConvertedReview

Definition: The entity has undergone a legal conversion to another type of entity (e.g., from an LLC to a corporation).

Lending read: Lenders should reassess the new entity structure and its implications for creditworthiness and liability.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Indiana::Converted. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ind. Code Section 23-0.6-4-6

Source site: iga.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

InactiveReview

Definition: The entity is no longer active, but it has not been formally dissolved.

Lending read: This status might indicate that the entity is not currently conducting business. Lenders should be wary of inactive entities, as they may not have current income or assets to support loan repayment.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Indiana::Inactive. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: No governing statute; Indiana SOS filing-office records convention (INBiz Public Business Search, bsd.sos.in.gov/publicbusinesssearch)

Source site: bsd.sos.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

NSFReview

Definition: Non-Sufficient Funds. The entity has attempted a transaction, such as a payment, that was not completed due to insufficient funds.

Lending read: This status indicates potential financial instability and increased risk for lenders.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Indiana::NSF. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: No governing statute; Indiana SOS filing-office records convention (INBiz Public Business Search, bsd.sos.in.gov/publicbusinesssearch)

Source site: bsd.sos.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

PendingReview

Definition: The entity's filing or status is pending and has not yet been finalized.

Lending read: Lenders should wait for the final status before making lending decisions, as the outcome may affect the entity's legal standing and operational capabilities.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Indiana::Pending. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: No governing statute; Indiana SOS filing-office records convention (INBiz Public Business Search, bsd.sos.in.gov/publicbusinesssearch)

Source site: bsd.sos.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Pending Admin DissolutionReview

Definition: The entity is in the process of being administratively dissolved, usually due to non-compliance.

Lending read: This status indicates significant risk for lenders, as the business is likely facing compliance issues and potential closure.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Indiana::Pending Admin Dissolution. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ind. Code Sections 23-0.5-6-1, 23-0.5-6-2, 23-0.5-6-3 (UBOC)

Source site: iga.in.gov

Statute note: Admin dissolution (Section 23-0.5-6-2) after 60-day cure window on grounds incl. unfiled biennial report or no registered agent. Dissolved entity continues to exist but may only wind up or seek reinstatement. Reinstatement (Section 23-0.5-6-3) within 5 yrs relates back; requires DOR tax clearance.

Citation check: Verified against the official source text, retrieved 2026-07-03.

Pending ConversionReview

Definition: The entity is in the process of converting to another type of entity.

Lending read: Lenders should wait for the conversion to complete before making lending decisions, as the new structure may affect creditworthiness and liability.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Indiana::Pending Conversion. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ind. Code ch. 23-0.6-4; Section 23-0.6-4-6 (effect of conversion)

Source site: iga.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Pending DomesticationReview

Definition: The entity is in the process of changing its jurisdiction from another state or country to Indiana.

Lending read: Lenders should wait for the domestication to complete and assess the implications of the jurisdictional change on the entity's legal status and operations.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Indiana::Pending Domestication. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ind. Code ch. 23-0.6-5; Section 23-0.6-5-6 (effect of domestication)

Source site: iga.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Pending MergerReview

Definition: The entity is in the process of merging with another entity.

Lending read: Lenders should wait for the merger to complete and reassess the resulting entity's financial stability and operational structure before making lending decisions.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Indiana::Pending Merger. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ind. Code ch. 23-0.6-2; Section 23-0.6-2-6 (effect of merger)

Source site: iga.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Pending RevocationReview

Definition: The entity's status is under review and may be revoked if compliance issues are not resolved.

Lending read: Lenders should be cautious, as this status suggests potential regulatory problems that could affect the business's ability to operate.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Indiana::Pending Revocation. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ind. Code Section 23-0.5-5-11

Source site: iga.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Pending Share ExchangeReview

Definition: The entity is involved in a pending share exchange process, typically related to restructuring or mergers.

Lending read: Lenders should wait for the share exchange to complete and evaluate its impact on the entity's ownership structure and financial stability.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Indiana::Pending Share Exchange. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ind. Code ch. 23-0.6-3; Section 23-0.6-3-6 (effect of interest exchange)

Source site: iga.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Pending SurrenderReview

Definition: The entity has filed to surrender its registration but the process is not yet complete.

Lending read: Lenders should be cautious, as this status suggests the business intends to cease operations in Indiana.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Indiana::Pending Surrender. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ind. Code Section 23-0.5-5-9

Source site: iga.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

ReservedReview

Definition: A name or entity status has been reserved, indicating that it may be used in the future but is not currently active.

Lending read: Lenders should note that this status does not represent an operational business and should not be considered for lending.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Indiana::Reserved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ind. Code Section 23-0.5-3-3

Source site: iga.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Admin DissolvedRed

Definition: The entity has been administratively dissolved by the state due to failure to comply with legal obligations such as filing required reports or paying fees.

Lending read: Lenders should be cautious with these entities, as this status indicates non-compliance and potential financial instability.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Indiana::Admin Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ind. Code Sections 23-0.5-6-1, 23-0.5-6-2, 23-0.5-6-3 (UBOC)

Source site: iga.in.gov

Statute note: Admin dissolution (Section 23-0.5-6-2) after 60-day cure window on grounds incl. unfiled biennial report or no registered agent. Dissolved entity continues to exist but may only wind up or seek reinstatement. Reinstatement (Section 23-0.5-6-3) within 5 yrs relates back; requires DOR tax clearance.

Citation check: Verified against the official source text, retrieved 2026-07-03.

CancelledRed

Definition: The entity's registration or a specific filing has been officially cancelled, often at the entity's request or due to non-compliance.

Lending read: This status suggests the business is no longer operating legally, posing a high risk for lenders.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Indiana::Cancelled. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ind. Code Section 23-0.5-5-8 (registration deemed canceled on conversion); otherwise Indiana SOS/INBiz records convention

Source site: iga.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Converted OutRed

Definition: The entity has converted out of its original form and is no longer recognized in its previous structure.

Lending read: Lenders should reassess the new entity structure and its implications for creditworthiness and operational stability.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Indiana::Converted Out. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ind. Code Section 23-0.6-4-6

Source site: iga.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

ExpiredRed

Definition: The entity's registration or name reservation has expired, usually due to failure to renew.

Lending read: This status indicates potential compliance issues and operational instability, increasing risk for lenders.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Indiana::Expired. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ind. Code Section 23-0.5-3-3 (name reservation expiry); entity 'Expired' status is an Indiana SOS/INBiz records convention

Source site: iga.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Judicially DissolvedRed

Definition: The entity has been dissolved by court order, often due to legal disputes or regulatory issues.

Lending read: This status indicates severe problems and high risk for lenders, as the business has been forcibly closed by legal action.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Indiana::Judicially Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ind. Code Section 23-1-47-1

Source site: iga.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

MergedRed

Definition: The entity has merged with another and no longer exists as a separate entity.

Lending read: Lenders should reassess the creditworthiness of the resulting entity, as the merger may have impacted financial stability and operational structure.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Indiana::Merged. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ind. Code Section 23-0.6-2-6

Source site: iga.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Non-Qualified MergedRed

Definition: The entity has merged but did not meet all the necessary qualifications, possibly in the context of foreign entities.

Lending read: Lenders should carefully evaluate the resulting entity's legal status and financial stability before considering any lending decisions.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Indiana::Non-Qualified Merged. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ind. Code Section 23-0.6-2-6 (effect of merger); 'Non-Qualified Merged' label is an Indiana SOS/INBiz records convention

Source site: iga.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

RevokedRed

Definition: The entity's right to conduct business in Indiana has been revoked due to non-compliance with state regulations.

Lending read: This status indicates serious compliance issues and high risk for lenders, as the business cannot legally operate.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Indiana::Revoked. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ind. Code Section 23-0.5-5-11

Source site: iga.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

SurrenderedRed

Definition: The entity has surrendered its right to operate, often in connection with withdrawing from the state.

Lending read: This status suggests the business is no longer operating in Indiana, posing significant risk for lenders.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Indiana::Surrendered. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ind. Code Section 23-0.5-5-9

Source site: iga.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

TerminatedRed

Definition: The entity's existence has been formally terminated and it no longer exists as a legal entity.

Lending read: Lenders should not consider terminated entities for lending, as they have ceased to exist legally and have no means of repayment.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Indiana::Terminated. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ind. Code Section 23-1-45-5 (effect of dissolution); 'Terminated' label is an Indiana SOS/INBiz records convention

Source site: iga.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Voluntarily DissolvedRed

Definition: The entity has been dissolved by the owners or members voluntarily and is no longer operational.

Lending read: Lenders should avoid extending credit to voluntarily dissolved entities, as they have ceased operations and likely have no means of repayment.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Indiana::Voluntarily Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ind. Code Section 23-1-45-5 (corporations); Ind. Code Section 23-18-9-1.1 (LLCs)

Source site: iga.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Voluntarily Dissolved (Name Protected)Red

Definition: The entity has been voluntarily dissolved, but its name is protected and cannot be used by another entity for a specific period.

Lending read: Lenders should avoid extending credit to these entities, as they have ceased operations despite name protection.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Indiana::Voluntarily Dissolved (Name Protected). Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ind. Code Section 23-1-45-5; Ind. Code Section 23-0.5-3-1 (name distinguishability/120-day window); name-protection election is an Indiana SOS/INBiz filing convention

Source site: iga.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

WithdrawnRed

Definition: The entity has voluntarily withdrawn its registration and is no longer authorized to do business in the state.

Lending read: Lenders should be cautious, as this status suggests the business may have ceased operations in Indiana.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Indiana::Withdrawn. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ind. Code Section 23-0.5-5-9

Source site: iga.in.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Iowa2 statuses: 1 green, 0 yellow, 1 review, 0 red
ActiveGreen

Definition: The business entity is currently operational, in good standing, and compliant with all legal and regulatory requirements in Iowa.

Lending read: This status generally indicates a lower risk for lenders, as it suggests the business is responsibly managing its operations and meeting its obligations, which can positively impact its creditworthiness and operational stability.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Iowa::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Iowa Code Sections 490.1420, 490.1421, 490.1422 (Bus. Corp. Act)

Source site: legis.iowa.gov

Statute note: Admin dissolution (Section 490.1421) on Section 490.1420 grounds. Reinstatement (Section 490.1422) relates back as if dissolution never occurred; SOS refers entity FEIN to Depts of Revenue and Workforce Development and will not reinstate until any tax delinquency is satisfied.

Citation check: Verified against the official source text, retrieved 2026-07-03.

InactiveReview

Definition: The business entity is not actively conducting business but has not been formally dissolved or withdrawn. It may have failed to meet some compliance requirements but has not yet been removed from the state's registry.

Lending read: This status raises concerns for lenders, as it may indicate financial difficulties, operational instability, or compliance issues, potentially increasing the risk associated with lending to such entities and necessitating a more thorough risk assessment.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Iowa::Inactive. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Iowa Code Sections 490.1420, 490.1421, 490.1422 (Bus. Corp. Act)

Source site: legis.iowa.gov

Statute note: Admin dissolution (Section 490.1421) on Section 490.1420 grounds. Reinstatement (Section 490.1422) relates back as if dissolution never occurred; SOS refers entity FEIN to Depts of Revenue and Workforce Development and will not reinstate until any tax delinquency is satisfied.

Citation check: Verified against the official source text, retrieved 2026-07-03.

Kansas8 statuses: 1 green, 1 yellow, 1 review, 5 red
Active and in Good StandingGreen

Definition: The entity is currently operational, has met all filing requirements, and is in compliance with Kansas state regulations.

Lending read:

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Kansas::Active and in Good Standing. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: K.S.A. Sections 17-7510, 17-6807, 17-7002 (Gen. Corp. Code)

Source site: ksrevisor.gov

Statute note: Failure to file business-entity information report or fee within 90 days works FORFEITURE of articles (Section 17-7510). Forfeited corp continues 3 yrs to wind up and defend suits (Section 17-6807); revival via Section 17-7002. Case law: forfeiture does NOT extinguish the corporation as a legal entity (Pottorf v. U.S.) and reinstatement validates interim acts (Mission Road Assocs v. IML Realty).

Citation check: Verified against the official source text, retrieved 2026-07-03.

DelinquentYellow

Definition: The entity has failed to meet certain compliance requirements, such as filing reports or paying fees, and is at risk of losing its good standing status.

Lending read:

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: Kansas::Delinquent. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: K.S.A. Sections 17-7510, 17-6807, 17-7002 (Gen. Corp. Code)

Source site: ksrevisor.gov

Statute note: Failure to file business-entity information report or fee within 90 days works FORFEITURE of articles (Section 17-7510). Forfeited corp continues 3 yrs to wind up and defend suits (Section 17-6807); revival via Section 17-7002. Case law: forfeiture does NOT extinguish the corporation as a legal entity (Pottorf v. U.S.) and reinstatement validates interim acts (Mission Road Assocs v. IML Realty).

Citation check: Verified against the official source text, retrieved 2026-07-03.

RegisteredReview

Definition: The entity is registered with the state and is authorized to conduct business but does not have a specified standing or compliance status.

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Kansas::Registered. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: K.S.A. 17-7931 (registration of foreign covered entities); Kansas SOS Business Entity Search status convention (sos.ks.gov)

Source site: www.ksrevisor.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

DissolvedRed

Definition: The entity has been formally dissolved, either voluntarily or involuntarily, and is no longer in existence.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Kansas::Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: K.S.A. Sections 17-7510, 17-6807, 17-7002 (Gen. Corp. Code)

Source site: ksrevisor.gov

Statute note: Failure to file business-entity information report or fee within 90 days works FORFEITURE of articles (Section 17-7510). Forfeited corp continues 3 yrs to wind up and defend suits (Section 17-6807); revival via Section 17-7002. Case law: forfeiture does NOT extinguish the corporation as a legal entity (Pottorf v. U.S.) and reinstatement validates interim acts (Mission Road Assocs v. IML Realty).

Citation check: Verified against the official source text, retrieved 2026-07-03.

ExpiredRed

Definition: The entity's registration or authority to do business in Kansas has lapsed due to the expiration of its filing period or failure to renew.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Kansas::Expired. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: K.S.A. Sections 17-7510, 17-6807, 17-7002 (Gen. Corp. Code)

Source site: ksrevisor.gov

Statute note: Failure to file business-entity information report or fee within 90 days works FORFEITURE of articles (Section 17-7510). Forfeited corp continues 3 yrs to wind up and defend suits (Section 17-6807); revival via Section 17-7002. Case law: forfeiture does NOT extinguish the corporation as a legal entity (Pottorf v. U.S.) and reinstatement validates interim acts (Mission Road Assocs v. IML Realty).

Citation check: Verified against the official source text, retrieved 2026-07-03.

Forfeited - Failed to Timely File I/RRed

Definition: The entity has lost its legal standing due to failure to file required information or reports (I/R) on time. It is no longer authorized to conduct business.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Kansas::Forfeited - Failed to Timely File I/R. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: K.S.A. Sections 17-7510, 17-6807, 17-7002 (Gen. Corp. Code)

Source site: ksrevisor.gov

Statute note: Failure to file business-entity information report or fee within 90 days works FORFEITURE of articles (Section 17-7510). Forfeited corp continues 3 yrs to wind up and defend suits (Section 17-6807); revival via Section 17-7002. Case law: forfeiture does NOT extinguish the corporation as a legal entity (Pottorf v. U.S.) and reinstatement validates interim acts (Mission Road Assocs v. IML Realty).

Citation check: Verified against the official source text, retrieved 2026-07-03.

Merged out of ExistenceRed

Definition: The entity has merged with another entity and no longer exists as a separate entity in Kansas.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Kansas::Merged out of Existence. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: K.S.A. 17-6709 (status of constituent corporations following merger or consolidation)

Source site: www.ksrevisor.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

WithdrawnRed

Definition: The entity has voluntarily withdrawn its registration in Kansas and is no longer authorized to conduct business in the state.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Kansas::Withdrawn. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: K.S.A. 17-7936 (withdrawal of registration by foreign covered entity)

Source site: www.ksrevisor.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Kentucky6 statuses: 2 green, 0 yellow, 2 review, 2 red
A - Active GoodGreen

Definition: The entity is currently operational, compliant with all legal and regulatory requirements, and in good standing with the state of Kentucky.

Lending read:

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Kentucky::A - Active Good. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: KRS 14A.7-010 (grounds for administrative dissolution; an entity in active/good standing is one against which no dissolution grounds are pending), replacing KRS 271B.14-200 and 271B.14-210, repealed effective January 1, 2011 by 2010 Ky. Acts ch. 151

Source site: apps.legislature.ky.gov

Citation check: Verified against the official source text, retrieved 2026-07-03.

Active GoodGreen

Definition: The entity is currently operational, compliant with all legal and regulatory requirements, and in good standing with the state of Kentucky.

Lending read: This status suggests a lower risk for lenders, as it indicates the business is operating legally and meeting its obligations, which generally correlates with better financial health and stability, making it a more favorable candidate for lending.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Kentucky::Active Good. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: KRS 14A.7-010 (grounds for administrative dissolution; an entity in active/good standing is one against which no dissolution grounds are pending), replacing KRS 271B.14-200 and 271B.14-210, repealed effective January 1, 2011 by 2010 Ky. Acts ch. 151

Source site: apps.legislature.ky.gov

Citation check: Verified against the official source text, retrieved 2026-07-03.

I - InactiveReview

Definition: The entity is not currently operational and may have failed to meet certain legal or regulatory requirements. It is not in good standing and is not authorized to conduct business in Kentucky.

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Kentucky::I - Inactive. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: KRS 14A.7-010, 14A.7-020(3), 14A.7-030; 'I - Inactive' is a Ky. SOS records label, see sos.ky.gov business entity records

Source site: apps.legislature.ky.gov

Citation check: Corrected citation on file; official text verification is pending human review.

InactiveReview

Definition: The entity is not currently operational and may have failed to meet certain legal or regulatory requirements. It is not in good standing and is not authorized to conduct business in Kentucky.

Lending read: This status indicates a high-risk situation for lenders, as the business is non-operational and likely facing financial or regulatory challenges, significantly impacting its creditworthiness and ability to repay loans.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Kentucky::Inactive. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: KRS 14A.7-010, 14A.7-020(3), 14A.7-030; 'Inactive' is a Ky. SOS records label, see sos.ky.gov business entity records

Source site: apps.legislature.ky.gov

Citation check: Corrected citation on file; official text verification is pending human review.

BadRed

Definition: The entity has serious compliance issues or has failed to meet regulatory requirements, resulting in a negative status. It is likely not authorized to conduct business and may face penalties or other legal actions.

Lending read: This status represents a significant red flag for lenders, indicating severe operational and potentially financial problems, which would likely make the business an extremely high-risk candidate for loans and require extensive due diligence if considering any lending activity.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Kentucky::Bad. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: KRS 14A.7-010, 14A.7-020(3) (effect of administrative dissolution), 14A.7-030; 'Bad' is a Ky. SOS records label, see sos.ky.gov business entity records

Source site: apps.legislature.ky.gov

Citation check: Corrected citation on file; official text verification is pending human review.

X - BadRed

Definition: The entity has serious compliance issues or has failed to meet regulatory requirements, resulting in a negative status. It is likely not authorized to conduct business and may face penalties or other legal actions.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Kentucky::X - Bad. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: KRS 14A.7-010, 14A.7-020(3), 14A.7-030; 'X - Bad' is a Ky. SOS records label, see sos.ky.gov business entity records

Source site: apps.legislature.ky.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Louisiana2 statuses: 1 green, 0 yellow, 1 review, 0 red
ActiveGreen

Definition: The entity is currently operational and in good standing with the state of Louisiana, having met all legal and regulatory requirements to conduct business.

Lending read: This status generally indicates a lower risk for alternative business lenders, as it suggests the business is compliant with state regulations and maintains the legal right to operate, which can be seen as a positive factor in assessing creditworthiness and operational stability; however, lenders should still conduct thorough due diligence on the business's financial health and performance metrics as part of their risk assessment process.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Louisiana::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: La. R.S. Sections 12:1-1442, 12:1-1444 (Bus. Corp. Act)

Source site: legis.la.gov

Statute note: Uses "termination" not dissolution. Administrative termination (Section 12:1-1442): SOS revokes charter for failure to file annual report 90 days, or no registered agent/office 90 days. Reinstatement (Section 12:1-1444) within 5 yrs; existence reinstated retroactively as if termination never occurred.

Citation check: Corrected citation on file; official text verification is pending human review.

InactiveReview

Definition: The entity is not currently operational in Louisiana. It may have failed to meet legal requirements, been voluntarily dissolved, or otherwise lost its authority to conduct business in the state.

Lending read: For alternative business lenders, this status indicates a high-risk situation, as the business lacks legal standing to operate, potentially impacting its ability to generate revenue and repay loans, and suggests significant operational instability or compliance issues that require thorough investigation before considering any lending activities.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Louisiana::Inactive. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: La. R.S. Sections 12:1-1442, 12:1-1444 (Bus. Corp. Act)

Source site: legis.la.gov

Statute note: Uses "termination" not dissolution. Administrative termination (Section 12:1-1442): SOS revokes charter for failure to file annual report 90 days, or no registered agent/office 90 days. Reinstatement (Section 12:1-1444) within 5 yrs; existence reinstated retroactively as if termination never occurred.

Citation check: Corrected citation on file; official text verification is pending human review.

Maine11 statuses: 3 green, 1 yellow, 0 review, 7 red
ACTIVEGreen

Definition: The entity is currently operational and recognized by the state. It may or may not be in full compliance with all regulatory requirements.

Lending read: Lenders should conduct thorough due diligence to assess the entity's compliance status and operational stability, as this status alone doesn't guarantee full regulatory adherence.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Maine::ACTIVE. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 13-C M.R.S. Section 130

Source site: legislature.maine.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

GOOD STANDINGGreen

Definition: The entity is fully compliant with all state requirements, including timely filing of reports and payment of fees. It is recognized as legally valid and authorized to conduct business.

Lending read: This status generally indicates a lower risk for lenders, as it demonstrates the entity's commitment to maintaining legal and financial obligations.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Maine::GOOD STANDING. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 13-C M.R.S. Section 130

Source site: legislature.maine.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

NOT IN GOOD STANDINGGreen

Definition: The entity has failed to meet one or more of the state's requirements, such as filing annual reports or paying fees, which affects its legal status. It may still operate but with restrictions.

Lending read: Lenders should exercise caution and investigate the specific reasons for this status, as it may indicate financial difficulties or management issues that could impact creditworthiness.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Maine::NOT IN GOOD STANDING. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 13-C M.R.S. Sections 1420, 1421, 1422 (Bus. Corp. Act)

Source site: legislature.maine.gov

Statute note: Admin dissolution (Section 1421). Reinstatement (Section 1422) within an unusually long 6 yrs, relates back as if dissolution never occurred. Requires reinstatement fee per Section 123.

Citation check: Verified against the official source text, retrieved 2026-07-03.

ADMINISTRATIVELY SUSPENDEDYellow

Definition: The entity's status has been suspended by the state due to non-compliance with regulatory requirements. It is not authorized to conduct business until it rectifies the issues.

Lending read: This status represents a significant risk for lenders, as it indicates serious compliance issues and potential operational instability, which could affect the entity's ability to repay loans.

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: Maine::ADMINISTRATIVELY SUSPENDED. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 13-C M.R.S. Section 1424 (reinstatement of suspended corporate charter; unreinstated pre-2003 suspensions deemed administratively dissolved after June 30, 2009)

Source site: legislature.maine.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

ADMINISTRATIVELY DISSOLVEDRed

Definition: The entity has been dissolved by the state due to failure to comply with legal obligations, such as filing required documents or paying fees. It is no longer authorized to operate.

Lending read: This status indicates severe non-compliance and operational cessation, making the entity an extremely high-risk prospect for lenders.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Maine::ADMINISTRATIVELY DISSOLVED. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 13-C M.R.S. Sections 1420, 1421, 1422 (Bus. Corp. Act)

Source site: legislature.maine.gov

Statute note: Admin dissolution (Section 1421). Reinstatement (Section 1422) within an unusually long 6 yrs, relates back as if dissolution never occurred. Requires reinstatement fee per Section 123.

Citation check: Verified against the official source text, retrieved 2026-07-03.

AUTHORITY OF FOREIGN ENTITY WITHDRAWNRed

Definition: A foreign (out-of-state) entity has voluntarily withdrawn its authority to conduct business in Maine. It is no longer recognized as active in the state.

Lending read: Lenders should note that while the entity may still be operational in other states, its withdrawal from Maine could indicate a change in business strategy or financial circumstances, warranting careful evaluation of its overall stability and creditworthiness.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Maine::AUTHORITY OF FOREIGN ENTITY WITHDRAWN. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 13-C M.R.S. Section 1521

Source site: legislature.maine.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

AUTHORITY REVOKEDRed

Definition: The authority of a foreign (out-of-state) entity to conduct business in Maine has been revoked by the state due to non-compliance with legal requirements.

Lending read: This status suggests serious compliance issues and potential operational instability in Maine, which could impact the entity's overall financial health and ability to meet loan obligations.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Maine::AUTHORITY REVOKED. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 13-C M.R.S. Sections 1531-A, 1532

Source site: legislature.maine.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

CANCELLEDRed

Definition: The entity's registration has been formally canceled, meaning it is no longer recognized as a legal entity authorized to do business in Maine.

Lending read: Lenders should avoid engaging with entities in this status, as they lack legal standing and the ability to enter into valid contracts, posing extreme risk for any lending activities.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Maine::CANCELLED. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Maine SOS filing-office records convention (Bureau of Corporations, Elections and Commissions corporate records); no 13-C 'cancelled' status

Source site: www.maine.gov

Citation check: Corrected citation on file; official text verification is pending human review.

DISSOLVEDRed

Definition: The entity has been formally dissolved, either voluntarily or involuntarily, and is no longer authorized to conduct business.

Lending read: Lenders should be aware that dissolved entities have ceased operations and lack legal standing, making them ineligible for most lending activities and posing significant recovery risks for any outstanding loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Maine::DISSOLVED. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 13-C M.R.S. Sections 1402-1404, 1406 (voluntary dissolution and effect); Section 1421 (administrative dissolution)

Source site: legislature.maine.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

EXPIREDRed

Definition: The entity's registration or authority to operate has expired due to failure to renew it in a timely manner. It is no longer authorized to conduct business.

Lending read: Lenders should approach entities with this status cautiously, as the expiration may indicate administrative oversights or more serious financial or operational issues that could affect creditworthiness.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Maine::EXPIRED. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Maine SOS filing-office records convention for lapsed renewable registrations (Bureau of Corporations, Elections and Commissions corporate records)

Source site: www.maine.gov

Citation check: Corrected citation on file; official text verification is pending human review.

MERGEDRed

Definition: The entity has merged with another entity and has ceased to exist independently. The surviving entity continues the business operations.

Lending read: Lenders should reassess the creditworthiness and stability of the surviving entity, considering the potential changes in financial structure, management, and operations resulting from the merger.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Maine::MERGED. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 13-C M.R.S. Section 1107(1)(B)

Source site: legislature.maine.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Maryland8 statuses: 3 green, 1 yellow, 1 review, 3 red
ActiveGreen

Definition: The entity is currently operational and in good standing, meeting all state requirements, such as filing necessary reports and paying fees. It is authorized to conduct business in Maryland.

Lending read: This status generally indicates a lower risk for lenders, as it suggests the business is compliant and financially responsible, potentially enhancing its creditworthiness and operational stability.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Maryland::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: SDAT records convention (Maryland Business Express entity search, egov.maryland.gov/BusinessExpress/EntitySearch); no Maryland statute defines the 'Active' status label

Source site: egov.maryland.gov

Citation check: Corrected citation on file; official text verification is pending human review.

IncorporatedGreen

Definition: The entity has been legally established as a corporation under Maryland law and is recognized as a separate legal entity from its owners. While incorporation provides some legal protections, lenders should still assess the business's financial health, operational history, and creditworthiness independently of its owners when making lending decisions.

Lending read:

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Maryland::Incorporated. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Md. Code Corps. & Ass'ns Section 2-102 (proposed corporation becomes a body corporate on acceptance of articles of incorporation)

Source site: mgaleg.maryland.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

RevivedGreen

Definition: The entity's status has been restored after it was previously forfeited or dissolved. It is now authorized to conduct business again after complying with state requirements. While revival indicates a commitment to compliance, lenders should carefully assess the reasons for the previous forfeiture or dissolution and evaluate the entity's current financial health and operational stability before making lending decisions.

Lending read:

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Maryland::Revived. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Md. Code Corps. & Ass'ns Sections 3-503, 3-507, 3-512

Source site: mgaleg.maryland.gov

Statute note: Charter forfeited (Section 3-503) for nonpayment of taxes or failure to file required report; entity loses power to do business. Revival of forfeited charter (Section 3-507/Section 3-512) restores as if never forfeited. "Forfeited" = the curable non-good-standing state; "Revived" = reinstated.

Citation check: Verified against the official source text, retrieved 2026-07-03.

ForfeitedYellow

Definition: The entity has failed to comply with state requirements, such as filing reports or paying taxes, resulting in the forfeiture of its legal status. The entity is no longer authorized to conduct business and must take action to regain good standing.

Lending read: Lenders should exercise caution with forfeited entities, as this status may indicate financial difficulties, non-compliance, or operational instability, potentially increasing lending risks.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Maryland::Forfeited. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Md. Code Corps. & Ass'ns Sections 3-503, 3-507, 3-512

Source site: mgaleg.maryland.gov

Statute note: Charter forfeited (Section 3-503) for nonpayment of taxes or failure to file required report; entity loses power to do business. Revival of forfeited charter (Section 3-507/Section 3-512) restores as if never forfeited. "Forfeited" = the curable non-good-standing state; "Revived" = reinstated.

Citation check: Verified against the official source text, retrieved 2026-07-03.

Old NameReview

Definition: The entity has changed its name, and this status refers to its former name before the change was legally recognized.

Lending read: Lenders should ensure they have up-to-date information on the entity's current name and status, verifying that the name change doesn't indicate any underlying issues that could affect the business's stability or creditworthiness.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Maryland::Old Name. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: SDAT records convention for prior names (Maryland Business Express entity search, egov.maryland.gov/BusinessExpress/EntitySearch); name changes effected by charter amendment under Md. Code Corps. & Ass'ns Section 2-601 et seq.

Source site: mgaleg.maryland.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

CancelledRed

Definition: The entity's registration has been formally canceled, meaning it is no longer recognized as a legal entity authorized to do business in Maryland. Cancelled entities pose significant risks for lenders, as they lack legal standing and are not authorized to conduct business, making them unsuitable candidates for most lending activities.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Maryland::Cancelled. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Md. Code Corps. & Ass'ns Sections 4A-908, 4A-909 (LLC articles of cancellation and termination)

Source site: mgaleg.maryland.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

DissolvedRed

Definition: The entity has been formally dissolved, either voluntarily by its owners or involuntarily by the state. It has ceased all operations and is no longer authorized to conduct business. Dissolved entities present significant risks for lenders, as they are no longer operational and may have outstanding debts or legal issues, making them unsuitable for most lending activities.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Maryland::Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Md. Code Corps. & Ass'ns Sections 3-401 to 3-408 (voluntary dissolution; Section 3-408 dissolution effective on acceptance of articles of dissolution)

Source site: mgaleg.maryland.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

MergedRed

Definition: The entity has merged with another entity, and it may no longer exist as a separate entity. The surviving entity continues operations under its name or a new name.

Lending read: Lenders should carefully evaluate the financial stability and creditworthiness of the surviving entity, considering any changes in ownership, management, or operations that may impact lending risks.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Maryland::Merged. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Md. Code Corps. & Ass'ns Section 3-114 (effect of consolidation or merger; separate existence of non-surviving entities ceases)

Source site: mgaleg.maryland.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Massachusetts1 statuses: 0 green, 0 yellow, 1 review, 0 red
NOT APPLICABLEReview

Definition: NOT APPLICABLE

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Massachusetts::NOT APPLICABLE. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office records convention (dataset placeholder, no governing statute); Massachusetts Secretary of the Commonwealth Corporations Division business entity records, https://corp.sec.state.ma.us/corpweb/corpsearch/corpsearch.aspx

Source site: malegislature.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Michigan1 statuses: 0 green, 0 yellow, 1 review, 0 red
NOT APPLICABLEReview

Definition: NOT APPLICABLE

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Michigan::NOT APPLICABLE. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office records convention (dataset placeholder, no governing statute); Michigan LARA Corporations Online Filing System business entity search, https://cofs.lara.state.mi.us/SearchApi/Search/Search

Source site: www.legislature.mi.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Minnesota2 statuses: 1 green, 0 yellow, 1 review, 0 red
ActiveGreen

Definition: The business is currently operational, has complied with all necessary filings, and is in good standing with the state.

Lending read: For lenders, this status generally indicates a lower risk profile, as it suggests the business is meeting its legal obligations and maintaining operational stability, which can positively impact its creditworthiness and ability to repay loans.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Minnesota::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Minn. Stat. Sections 302A.701, 302A.821 (Bus. Corp. Act); Section 322C.0705 (LLC administrative termination)

Source site: www.revisor.mn.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

InactiveReview

Definition: The business is no longer active, which can be due to various reasons including failure to file annual reports, voluntary dissolution by the owners, or other compliance failures.

Lending read: This status raises significant red flags for lenders, as it indicates the business is no longer operational, which severely impacts its ability to generate revenue and repay loans, and may suggest past financial or compliance issues that could increase the risk of default.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Minnesota::Inactive. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Minn. Stat. Sections 302A.701, 302A.821 (Bus. Corp. Act); Section 322C.0705 (LLC administrative termination)

Source site: www.revisor.mn.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Mississippi10 statuses: 1 green, 0 yellow, 1 review, 8 red
Good StandingGreen

Definition: The business is compliant with all state regulations and filing requirements, and is authorized to conduct business in Mississippi. It has no outstanding penalties or non-compliance issues.

Lending read: This status is generally favorable for lenders, indicating regulatory compliance and potentially lower risk, though it should be considered alongside other financial and operational factors.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Mississippi::Good Standing. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Miss. Code Ann. Section 79-4-1.28 (certificate of existence); SOS good-standing practice per Business FAQs (sos.ms.gov/business-services/business-faqs)

Source site: www.sos.ms.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Name ChangeReview

Definition: The entity has legally changed its name; the status reflects that the records have been updated to reflect the new business name. While this status itself doesn't necessarily impact creditworthiness, lenders should ensure all documentation is updated to reflect the new name and investigate the reasons behind the change, as it could potentially signal rebranding due to past issues.

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Mississippi::Name Change. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Miss. Code Ann. Sections 79-4-10.01 to -10.06 (articles of amendment); SOS records convention (Business Search, business.sos.ms.gov)

Source site: business.sos.ms.gov

Citation check: Corrected citation on file; official text verification is pending human review.

CancelledRed

Definition: The entity's registration or authority to do business has been cancelled, often due to non-compliance or as part of a voluntary closure.

Lending read: Lenders should view this status as a red flag, indicating potential financial difficulties or regulatory issues that could significantly impact the business's ability to repay loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Mississippi::Cancelled. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Mississippi SOS records convention (Business Search, business.sos.ms.gov); for LLC dissolution/cancellation see Miss. Code Ann. ch. 79-29 (e.g., Section 79-29-823 administrative dissolution)

Source site: business.sos.ms.gov

Citation check: Corrected citation on file; official text verification is pending human review.

DissolvedRed

Definition: The business has been formally dissolved, ending its legal existence either voluntarily by its owners or involuntarily by the state due to compliance failures.

Lending read: This status is critical for lenders as it signifies the termination of the business entity, potentially affecting existing loans and eliminating future lending opportunities with this specific entity.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Mississippi::Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Miss. Code Sections 79-4-14.20, 79-4-14.21, 79-4-14.22 (Bus. Corp. Act)

Source site: sos.ms.gov

Statute note: Admin dissolution (Section 79-4-14.21) on Section 79-4-14.20 grounds. Reinstatement (Section 79-4-14.22) relates back; interim liability of corp/officers/shareholders determined as if dissolution never occurred. Requires MS Dept of Revenue tax-paid certificate.

Citation check: Verified against the official source text, retrieved 2026-07-03.

MergedRed

Definition: The business has merged with another entity. The original entity ceases to exist independently, and its assets and liabilities are absorbed by the surviving entity. Lenders need to reassess the creditworthiness of the surviving entity, considering the combined financial strength, potential synergies, and any assumed liabilities from the merged entity.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Mississippi::Merged. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Miss. Code Ann. Section 79-4-11.07 (effect of merger); merger filings under Sections 79-4-11.01 to -11.08

Source site: business.sos.ms.gov

Citation check: Corrected citation on file; official text verification is pending human review.

RevokedRed

Definition: The state has revoked the business's registration due to non-compliance with filing requirements, non-payment of fees, or other regulatory failures. The business is not authorized to operate until these issues are resolved and its status is reinstated.

Lending read: Lenders should view this status as a significant risk factor, indicating potential financial distress or management issues that could severely impact the business's ability to operate legally and repay loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Mississippi::Revoked. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Miss. Code Ann. Sections 79-4-15.30 (grounds), 79-4-15.31 (procedure and effect of revocation of certificate of authority)

Source site: www.sos.ms.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Void-Failure to FileRed

Definition: The business registration has been declared void due to failure to file required annual reports or other necessary documents.

Lending read: Lenders should approach businesses with this status cautiously, as it may indicate poor administrative practices or financial difficulties that could impact loan repayment capabilities.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Mississippi::Void-Failure to File. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Miss. Code Sections 79-4-14.20, 79-4-14.21, 79-4-14.22 (Bus. Corp. Act)

Source site: sos.ms.gov

Statute note: Admin dissolution (Section 79-4-14.21) on Section 79-4-14.20 grounds. Reinstatement (Section 79-4-14.22) relates back; interim liability of corp/officers/shareholders determined as if dissolution never occurred. Requires MS Dept of Revenue tax-paid certificate.

Citation check: Corrected citation on file; official text verification is pending human review.

WithdrawnRed

Definition: The entity has voluntarily withdrawn its business registration from the state, ceasing operations or transferring to another jurisdiction.

Lending read: This status suggests the business is no longer operating in Mississippi, which is crucial for lenders to consider as it may indicate a higher risk profile or the need to pursue lending opportunities in the new jurisdiction.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Mississippi::Withdrawn. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Miss. Code Ann. Section 79-4-15.20 (withdrawal of foreign corporation; certificate of withdrawal)

Source site: business.sos.ms.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Withdrawn by MergerRed

Definition: The entity has been withdrawn from the state registry due to a merger, typically absorbed by another entity.

Lending read: Lenders should be cautious as this status indicates a significant change in the business structure, potentially affecting creditworthiness and requiring a reassessment of the surviving entity's financial stability and lending terms.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Mississippi::Withdrawn by Merger. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Miss. Code Ann. Sections 79-4-11.07 (effect of merger), 79-4-15.20 (withdrawal); SOS records convention (Business Search, business.sos.ms.gov)

Source site: business.sos.ms.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Withdrawn.Red

Definition: The entity has voluntarily withdrawn its business registration from the state, ceasing operations or transferring to another jurisdiction.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Mississippi::Withdrawn.. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Miss. Code Ann. Section 79-4-15.20 (withdrawal of foreign corporation; certificate of withdrawal)

Source site: business.sos.ms.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Missouri13 statuses: 3 green, 0 yellow, 0 review, 10 red
ActiveGreen

Definition: The business entity is registered and in good standing, actively operating, and compliant with all required filings and regulations.

Lending read: This status generally indicates a lower risk for lenders, as it suggests the business is meeting its legal obligations and maintaining operational stability, though further financial assessment is still necessary.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Missouri::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Mo. Rev. Stat. Sections 351.484, 351.486, 351.488 (GBCL administrative dissolution framework; active/good standing by absence of Section 351.484 grounds)

Source site: revisor.mo.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Fictitious ActiveGreen

Definition: The fictitious name (DBA) is currently active and properly registered, allowing the business to operate under that name legally. While this status indicates compliance with name registration requirements, lenders should note that it doesn't necessarily reflect the overall financial health or operational status of the business, requiring further investigation.

Lending read:

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Missouri::Fictitious Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Mo. Rev. Stat. Sections 417.200 (registration required), 417.210 (registration active five years, renewal)

Source site: revisor.mo.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Good StandingGreen

Definition: The business entity is compliant with all state requirements and has no outstanding administrative issues, making it legally authorized to conduct business.

Lending read: This status generally indicates a lower risk for lenders, as it suggests the business is meeting its legal and administrative obligations, though a comprehensive financial assessment is still necessary for lending decisions.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Missouri::Good Standing. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Mo. Rev. Stat. Sections 351.484, 351.486, 351.488 (GBCL administrative dissolution framework; good standing by absence of Section 351.484 grounds)

Source site: revisor.mo.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Admin Diss/Cancel - AgentRed

Definition: The business entity was administratively dissolved or canceled because it failed to maintain a registered agent as required by law.

Lending read: This status suggests potential administrative negligence or financial difficulties, presenting increased risk for lenders and indicating a need for careful assessment of the business's current operational status and financial stability.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Missouri::Admin Diss/Cancel - Agent. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Mo. Rev. Stat. Sections 351.484 (grounds, incl. no registered agent), 351.486 (procedure and effect), 351.488 (reinstatement)

Source site: revisor.mo.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Admin Diss/Cancel - ReportRed

Definition: The business entity was administratively dissolved or its registration was canceled due to failure to file required annual reports.

Lending read: This status raises concerns about the business's administrative practices and potentially its financial health, indicating a higher risk for lenders and necessitating thorough due diligence before considering any lending activities.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Missouri::Admin Diss/Cancel - Report. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Mo. Rev. Stat. Sections 351.484 (grounds, incl. failure to file annual report), 351.486 (procedure and effect), 351.488 (reinstatement)

Source site: revisor.mo.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

CanceledRed

Definition: The business entity or fictitious name registration has been officially canceled, either by administrative action or voluntarily by the entity itself.

Lending read: This status suggests the business is no longer operational, presenting a high risk for lenders and indicating a need for thorough investigation before considering any lending activities.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Missouri::Canceled. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Mo. Rev. Stat. Section 417.210 (fictitious name cancellation filing); Sections 351.462-351.468 (voluntary dissolution); Section 351.484 (administrative dissolution grounds)

Source site: revisor.mo.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Dissolved NonprofitRed

Definition: A nonprofit entity has been formally dissolved, either voluntarily by its board or involuntarily by the state due to non-compliance with legal requirements.

Lending read: This status indicates the end of the nonprofit's operations, presenting a high risk for lenders and likely making the entity ineligible for most financial products, though careful consideration of any remaining assets or obligations may be necessary.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Missouri::Dissolved Nonprofit. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Mo. Rev. Stat. Section 355.706 (nonprofit administrative dissolution, grounds); Section 355.711 (procedure); ch. 355 voluntary dissolution provisions

Source site: revisor.mo.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Fictitious ExpiredRed

Definition: The registration for a fictitious name (often used for doing business as or DBA names) has expired and is no longer valid until renewed.

Lending read: Lenders should be cautious as this status may indicate poor administrative practices or financial difficulties, potentially impacting the business's ability to operate legally under that name and affecting its creditworthiness.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Missouri::Fictitious Expired. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Mo. Rev. Stat. Section 417.210 (fictitious name registration expires at end of five-year period unless renewed)

Source site: revisor.mo.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

ForfeitedRed

Definition: The business entity has lost its good standing due to non-compliance with state requirements, such as failing to file reports or pay fees.

Lending read: This status raises significant concerns about the business's administrative practices and potentially its financial health, indicating a higher risk for lenders and necessitating thorough due diligence before considering any lending activities.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Missouri::Forfeited. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Mo. Rev. Stat. Sections 351.484, 351.486 (administrative dissolution); Sections 351.598, 351.602 (revocation of foreign corporation certificate of authority)

Source site: revisor.mo.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Inactive - MergedRed

Definition: The business entity is no longer active because it has merged with another entity, and its separate legal existence has ceased.

Lending read: Lenders should be aware that while the business itself no longer exists independently, its obligations may have transferred to the new entity, requiring careful investigation of the merger terms and the surviving entity's financial status before making lending decisions.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Missouri::Inactive - Merged. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Mo. Rev. Stat. Sections 351.410-351.458 (merger and consolidation; separate existence of nonsurviving constituent ceases)

Source site: revisor.mo.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Term/CancelRed

Definition: Indicates that the business entity's registration or authority has been terminated or canceled, often referring to foreign entities that no longer have the right to operate in Missouri.

Lending read: This status suggests a significant change in the business's legal standing and operational capacity, presenting substantial risks for lenders and requiring careful evaluation of any outstanding obligations.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Missouri::Term/Cancel. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Mo. Rev. Stat. Sections 351.598 (grounds for revocation), 351.602 (revocation procedure and effect) for foreign corporations

Source site: revisor.mo.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Voluntarily DissolvedRed

Definition: The business entity has chosen to dissolve legally and cease operations through a voluntary process initiated by its owners or shareholders.

Lending read: Lenders should be aware that this status signifies the end of the business's operations, making it an extremely high-risk prospect for lending and likely ineligible for most financial products.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Missouri::Voluntarily Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Mo. Rev. Stat. Sections 351.462, 351.466 (authorization of voluntary dissolution), 351.468 (articles of dissolution)

Source site: revisor.mo.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

WithdrawnRed

Definition: The business entity, typically a foreign entity, has withdrawn its registration to operate in Missouri, ceasing its business activities in the state.

Lending read: This status suggests a significant change in the business's operations within Missouri, presenting substantial risks for lenders and requiring careful evaluation of any outstanding obligations or assets within the state before considering any lending activities.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Missouri::Withdrawn. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Mo. Rev. Stat. Section 351.596 (withdrawal of foreign corporation; certificate of withdrawal required)

Source site: revisor.mo.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Montana8 statuses: 1 green, 0 yellow, 0 review, 7 red
Active-Good StandingGreen

Definition: Active-Good Standing status as recorded by the Montana Secretary of State.

Lending read: This status signifies that the business is compliant with all Montana legal and filing requirements and is authorized to conduct business in the state. For lenders, this status is generally positive, indicating regulatory compliance and operational stability, which are favorable factors in assessing creditworthiness and lending risk.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Montana::Active-Good Standing. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Mont. Code Ann. Section 35-14-128 (certificate of existence or registration); cf. Sections 35-14-1420 to 35-14-1422 (grounds jeopardizing standing and reinstatement)

Source site: mca.legmt.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Expired Reserved NameRed

Definition: Expired Reserved Name status as recorded by the Montana Secretary of State.

Lending read: This status applies when a name that was reserved for potential use by a business entity has expired because the reservation period ended without the name being registered to an active business entity. While not directly indicative of operational or financial status, lenders should note that this could signal a delay or change in business plans, potentially affecting the entity's readiness for lending.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Montana::Expired Reserved Name. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Mont. Code Ann. Section 35-14-402 (reserved name; nonrenewable 120-day reservation period)

Source site: mca.legmt.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Inactive ExpiredRed

Definition: Similar to Inactive-Partnership Expired, this status applies broadly to any business entity whose registration has lapsed due to non-renewal.

Lending read: This status raises red flags for lenders, as it indicates the business may no longer be actively operating, potentially affecting its creditworthiness and ability to generate revenue for loan repayment.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Montana::Inactive Expired. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Mont. Code Sections 35-14-1420, 35-14-1421, 35-14-1422 (Bus. Corp. Act, 2019 recodification)

Source site: leg.mt.gov

Statute note: Admin dissolution (Section 35-14-1421). Reinstatement (Section 35-14-1422) within 5 yrs, relates back; requires Dept of Revenue certificate that all Title 15 taxes are paid, plus all unfiled annual reports and penalties.

Citation check: Verified against the official source text, retrieved 2026-07-03.

Inactive-CancelledRed

Definition: Inactive-Cancelled status as recorded by the Montana Secretary of State.

Lending read: This status indicates that the entity's registration has been cancelled, either due to non-compliance, at the entity's request, or for administrative reasons like non-renewal of the registration. Lenders should approach these businesses with caution, as the cancelled status suggests potential operational or financial issues that could affect loan repayment capacity.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Montana::Inactive-Cancelled. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Montana Secretary of State filing-office records convention (business search status), https://biz.sosmt.gov/search; for limited partnerships see Mont. Code Ann. tit. 35, ch. 12 (certificate cancellation)

Source site: biz.sosmt.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Inactive-Partnership ExpiredRed

Definition: Indicates that a partnership has expired and is no longer active due to the passage of time or failure to renew its registration.

Lending read: Lenders should be cautious as this status suggests the business is no longer operational, potentially impacting its ability to repay loans and indicating a higher risk for lending.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Montana::Inactive-Partnership Expired. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Montana Secretary of State filing-office records convention for lapsed partnership registrations, https://biz.sosmt.gov/search; see Mont. Code Ann. tit. 35, ch. 10, pt. 7 (limited liability partnership registration)

Source site: biz.sosmt.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Inactive-RevokedRed

Definition: The registration of the business has been revoked due to significant non-compliance with state laws, such as repeated failure to file required documents or pay fees.

Lending read: This status is a major red flag for lenders, indicating severe compliance issues and potentially financial instability, which significantly increases the risk associated with lending to such entities.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Montana::Inactive-Revoked. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Mont. Code Ann. Section 35-14-1511 (administrative termination of foreign registration); cf. Sections 35-14-1420, 35-14-1421 (domestic administrative dissolution)

Source site: mca.legmt.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Involuntary DissolutionRed

Definition: The business has been dissolved by state action, typically due to non-compliance with filing requirements or regulatory obligations.

Lending read: This status is a significant concern for lenders, as it indicates severe compliance issues and potentially financial instability, making the business a high-risk prospect for lending.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Montana::Involuntary Dissolution. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Mont. Code Sections 35-14-1420, 35-14-1421, 35-14-1422 (Bus. Corp. Act, 2019 recodification)

Source site: leg.mt.gov

Statute note: Admin dissolution (Section 35-14-1421). Reinstatement (Section 35-14-1422) within 5 yrs, relates back; requires Dept of Revenue certificate that all Title 15 taxes are paid, plus all unfiled annual reports and penalties.

Citation check: Verified against the official source text, retrieved 2026-07-03.

Voluntary WithdrawalRed

Definition: The business entity has chosen to withdraw its registration in Montana voluntarily. This is commonly used by foreign entities that no longer wish to operate in Montana.

Lending read: Lenders should be aware that this status indicates a deliberate cessation of operations in the state, which could signal a change in business strategy or financial difficulties, impacting the entity's overall stability and creditworthiness.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Montana::Voluntary Withdrawal. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Mont. Code Ann. Section 35-14-1507 (withdrawal of registration of registered foreign corporation)

Source site: mca.legmt.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Nebraska2 statuses: 1 green, 0 yellow, 1 review, 0 red
ActiveGreen

Definition: Active status as recorded by the Nebraska Secretary of State.

Lending read: This status indicates that the business entity is currently operational and has met all legal and filing requirements set forth by the state of Nebraska. The entity is in good standing and is authorized to conduct business within the state. For alternative business lenders, an active status generally suggests a lower risk profile, as it demonstrates the business's compliance with state regulations and ongoing operations, potentially indicating better creditworthiness and operational stability, though further financial assessment is still necessary for a comprehensive risk evaluation.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Nebraska::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Nebraska Secretary of State Corporate & Business Search records convention (nebraska.gov/sos/corp/corpsearch.cgi); no statute defines the 'Active' status label

Source site: www.nebraska.gov

Citation check: Corrected citation on file; official text verification is pending human review.

InactiveReview

Definition: Inactive status as recorded by the Nebraska Secretary of State.

Lending read: This status is assigned to business entities that are no longer active, which could be due to several reasons such as non-compliance with annual filing requirements, failure to maintain a registered agent, or the business voluntarily ceasing operations. An inactive status means the business is not in good standing and cannot legally conduct business until it resolves the issues leading to its inactive status. For lenders, this status raises significant red flags, indicating potential financial distress, operational instability, or legal non-compliance, which substantially increases lending risk and necessitates thorough investigation before considering any lending decisions.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Nebraska::Inactive. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Neb. Rev. Stat. Sections 21-2,194, 21-2,195 (Model Bus. Corp. Act 14.21-14.22)

Source site: nebraskalegislature.gov

Statute note: Admin dissolution (Section 21-2,194). Reinstatement (Section 21-2,195) within 5 yrs; relates back as if dissolution never occurred. Distinctive "late reinstatement" path available after 5 yrs, requiring a stated legitimate reason and that reinstatement is not a fraud on the public. Requires all delinquent fees + biennial report.

Citation check: Corrected citation on file; official text verification is pending human review.

Nevada7 statuses: 1 green, 1 yellow, 0 review, 5 red
ActiveGreen

Definition: The business entity is in good standing with the Nevada Secretary of State, having met all necessary legal and filing requirements. It is authorized to conduct business in the state.

Lending read: For lenders, an active status is generally positive, indicating compliance with state regulations and ongoing operations, which suggests a lower risk profile for lending decisions, though further financial due diligence is still necessary.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Nevada::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: NRS Sections 78.150, 78.170, 78.175, 78.180 (Private Corporations)

Source site: leg.state.nv.us

Statute note: Two-stage: "Default" (NRS 78.170) on missed annual list - charter intact but loses good standing, cannot get certificates (curable). On first anniversary of filing month, charter REVOKED and right to transact forfeited (NRS 78.175) - assets held in trust as for insolvent corp. Reinstatement (NRS 78.180) relates back; barred after 5 consecutive yrs revoked.

Citation check: Corrected citation on file; official text verification is pending human review.

DefaultYellow

Definition: Default status as recorded by the Nevada Secretary of State.

Lending read: This status is assigned to entities that have failed to comply with state requirements such as filing annual lists or paying the required fees, putting them in default of their obligations to the state. Lenders should view businesses in default status as higher risk, as it may indicate financial struggles, poor management, or a lack of attention to regulatory compliance, all of which could impact the business's stability and ability to meet loan obligations.

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: Nevada::Default. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: NRS Sections 78.150, 78.170, 78.175, 78.180 (Private Corporations)

Source site: leg.state.nv.us

Statute note: Two-stage: "Default" (NRS 78.170) on missed annual list - charter intact but loses good standing, cannot get certificates (curable). On first anniversary of filing month, charter REVOKED and right to transact forfeited (NRS 78.175) - assets held in trust as for insolvent corp. Reinstatement (NRS 78.180) relates back; barred after 5 consecutive yrs revoked.

Citation check: Corrected citation on file; official text verification is pending human review.

DissolvedRed

Definition: The business has been legally dissolved, either voluntarily by resolution of its members or owners, or involuntarily by action from the state due to non-compliance with statutory requirements.

Lending read: For lenders, a dissolved status typically means the business has ceased operations, presenting a high risk for lending as there may be no ongoing revenue stream or assets to secure loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Nevada::Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: NRS 78.580 (dissolution by stockholder vote); NRS 78.575-78.622 (dissolution and winding up)

Source site: www.leg.state.nv.us

Citation check: Verified against the official source text, retrieved 2026-07-06.

ExpiredRed

Definition: Expired status as recorded by the Nevada Secretary of State.

Lending read: This status is used for entities such as LLCs or corporations whose registration period has lapsed without renewal, often applied to business names or trademarks that are not renewed by the deadline. Lenders should approach businesses with expired status cautiously, as it may indicate financial difficulties, poor management, or a cessation of operations, all of which could affect the business's ability to repay loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Nevada::Expired. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: NRS 78.730 (renewal or revival of expired or revoked charter)

Source site: www.leg.state.nv.us

Citation check: Verified against the official source text, retrieved 2026-07-06.

Permanently RevokedRed

Definition: Similar to "Revoked", but in this case, the revocation is permanent, typically due to repeated non-compliance or severe infractions.

Lending read: This status generally bars the entity from reinstating its business license in the state. For lenders, a permanently revoked status signifies a high-risk borrower, as it suggests a history of serious non-compliance and an inability to legally operate in Nevada, severely impacting the business's creditworthiness and operational viability.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Nevada::Permanently Revoked. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: NRS Sections 78.150, 78.170, 78.175, 78.180 (Private Corporations)

Source site: leg.state.nv.us

Statute note: Two-stage: "Default" (NRS 78.170) on missed annual list - charter intact but loses good standing, cannot get certificates (curable). On first anniversary of filing month, charter REVOKED and right to transact forfeited (NRS 78.175) - assets held in trust as for insolvent corp. Reinstatement (NRS 78.180) relates back; barred after 5 consecutive yrs revoked.

Citation check: Corrected citation on file; official text verification is pending human review.

RevokedRed

Definition: The state has revoked the entity's business license or registration due to non-compliance with filing requirements, such as failing to submit annual lists or not maintaining a registered agent.

Lending read: This status raises red flags for lenders, as it indicates potential financial or operational issues, non-compliance with regulatory requirements, and increased risk in lending to such entities.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Nevada::Revoked. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: NRS Sections 78.150, 78.170, 78.175, 78.180 (Private Corporations)

Source site: leg.state.nv.us

Statute note: Two-stage: "Default" (NRS 78.170) on missed annual list - charter intact but loses good standing, cannot get certificates (curable). On first anniversary of filing month, charter REVOKED and right to transact forfeited (NRS 78.175) - assets held in trust as for insolvent corp. Reinstatement (NRS 78.180) relates back; barred after 5 consecutive yrs revoked.

Citation check: Corrected citation on file; official text verification is pending human review.

WithdrawnRed

Definition: Withdrawn status as recorded by the Nevada Secretary of State.

Lending read: This status indicates that the entity has voluntarily withdrawn its business registration in Nevada, typically when a foreign corporation decides to cease operations in the state. For lenders, this status suggests the business has intentionally ended its operations in Nevada, potentially impacting its overall financial stability and ability to repay loans, especially if Nevada was a significant market for the company.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Nevada::Withdrawn. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: NRS 80.200 (surrender by foreign corporation of right to transact intrastate business); see also NRS 80.195

Source site: www.leg.state.nv.us

Citation check: Verified against the official source text, retrieved 2026-07-06.

New Hampshire12 statuses: 3 green, 3 yellow, 2 review, 4 red
ActiveGreen

Definition: The business is registered with the state, has met all necessary compliance requirements, and is authorized to conduct business. While this status is generally positive for lenders, it should be considered alongside other financial and operational factors to fully assess creditworthiness and stability.

Lending read:

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: New Hampshire::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: RSA 293-A:1.28 (Certificate of Existence); NH SOS Business Status Definitions (filing-office status), https://www.sos.nh.gov/business-status-definitions

Source site: gc.nh.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Good StandingGreen

Definition: The business entity is compliant with all filing and regulatory requirements, allowing it to operate legally within the state.

Lending read: This status generally indicates a lower risk for lenders, as it suggests the business is responsibly managing its administrative obligations and maintaining operational stability.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: New Hampshire::Good Standing. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: RSA 293-A:1.28 (Certificate of Existence); NH SOS Business Status Definitions (filing-office status), https://www.sos.nh.gov/business-status-definitions

Source site: gc.nh.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Not In Good StandingGreen

Definition: The business is not compliant with state requirements, which may include filing failures, unpaid fees, or other regulatory non-compliances.

Lending read: This status raises red flags for lenders, indicating potential financial or operational issues that could impact the business's ability to meet loan obligations.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: New Hampshire::Not In Good Standing. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: RSA 293-A:14.20 (grounds for administrative dissolution); NH SOS Business Status Definitions, https://www.sos.nh.gov/business-status-definitions; tier should be yellow/review, not green

Source site: gc.nh.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Admin. SuspensionYellow

Definition: The business's operations have been temporarily suspended by the state due to non-compliance with regulatory or filing requirements.

Lending read: This status indicates significant compliance issues, potentially affecting the business's operational stability and ability to generate revenue, thus increasing lending risk.

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: New Hampshire::Admin. Suspension. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office records convention; NH SOS Business Status Definitions, https://www.sos.nh.gov/business-status-definitions (precursor to administrative dissolution under RSA 293-A:14.20-:14.21)

Source site: www.sos.nh.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Administratively SuspendedYellow

Definition: This is a broader suspension status indicating that the business has not met required administrative conditions, leading to a temporary halt of its legal authority to operate.

Lending read: Lenders should approach such businesses with caution, as this status suggests significant compliance issues that could impact the entity's ability to operate legally and generate revenue.

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: New Hampshire::Administratively Suspended. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office records convention; NH SOS Business Status Definitions, https://www.sos.nh.gov/business-status-definitions (precursor to administrative dissolution under RSA 293-A:14.20-:14.21)

Source site: www.sos.nh.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Administratively Suspended Name ProtectionYellow

Definition: This specific suspension relates to the protection of a business name, indicating that the business's right to its name has been suspended due to non-compliance with certain administrative obligations. While primarily an administrative issue, this status may signal broader compliance problems, potentially affecting the business's operational stability and creditworthiness.

Lending read:

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: New Hampshire::Administratively Suspended Name Protection. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office records convention applied to name protection registrations; NH SOS Business Status Definitions, https://www.sos.nh.gov/business-status-definitions (name reservation/registration under RSA 293-A art. 4)

Source site: www.sos.nh.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Admin DissolutionReview

Definition: Similar to Administratively Dissolved, this status means the business has been dissolved by the state for non-compliance with mandatory administrative obligations.

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: New Hampshire::Admin Dissolution. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: RSA Sections 293-A:14.20, 293-A:14.21, 293-A:14.22, 293-A:14.22-a (Bus. Corp. Act)

Source site: gencourt.state.nh.us

Statute note: Admin dissolution (Section 14.21) after 60-day cure. Reinstatement (Section 14.22) within 3 yrs, relates back; requires Dept of Revenue Administration tax certificate if filed >120 days after dissolution notice. Separate "late reinstatement" path (Section 14.22-a) available beyond 3 yrs with public notice.

Citation check: Corrected citation on file; official text verification is pending human review.

RejectedReview

Definition: A filing made by the business (such as for registration or for a specific transaction) has been rejected by the state due to errors, incompleteness, or failure to meet statutory requirements. While not necessarily indicating financial issues, this status suggests potential administrative challenges that could impact the business's stability and compliance, warranting closer scrutiny from lenders.

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: New Hampshire::Rejected. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: RSA 293-A:1.25 (Filing Duty of Secretary of State; refusal to file)

Source site: gc.nh.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Administratively DissolvedRed

Definition: The business has been dissolved by the state due to non-compliance with administrative requirements, such as failure to file annual reports or maintain a registered agent.

Lending read: Lenders should be extremely cautious, as this status indicates significant non-compliance and potential cessation of operations, severely impacting creditworthiness and operational stability.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: New Hampshire::Administratively Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: RSA Sections 293-A:14.20, 293-A:14.21, 293-A:14.22, 293-A:14.22-a (Bus. Corp. Act)

Source site: gencourt.state.nh.us

Statute note: Admin dissolution (Section 14.21) after 60-day cure. Reinstatement (Section 14.22) within 3 yrs, relates back; requires Dept of Revenue Administration tax certificate if filed >120 days after dissolution notice. Separate "late reinstatement" path (Section 14.22-a) available beyond 3 yrs with public notice.

Citation check: Corrected citation on file; official text verification is pending human review.

DissolvedRed

Definition: The business has been formally dissolved, either voluntarily by its owners or involuntarily by the state, and it has ceased operations.

Lending read: Lenders should avoid extending credit to dissolved entities, as they no longer legally exist and have no operational capacity to repay loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: New Hampshire::Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: RSA 293-A:14.01-:14.03 (voluntary dissolution); RSA 293-A:14.05 (Effect of Dissolution)

Source site: gc.nh.gov

Citation check: Corrected citation on file; official text verification is pending human review.

ExpiredRed

Definition: The business entity's registration or filing has expired due to non-renewal by the required deadline.

Lending read: This status suggests potential operational issues or financial difficulties, increasing lending risk and requiring careful assessment of the business's current status and reasons for expiration.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: New Hampshire::Expired. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office records convention; NH SOS Business Status Definitions, https://www.sos.nh.gov/business-status-definitions (trade name expiration under RSA ch. 349)

Source site: www.sos.nh.gov

Citation check: Corrected citation on file; official text verification is pending human review.

WithdrawnRed

Definition: The entity has formally withdrawn its business registration in New Hampshire, typically done by foreign entities that decide to cease operations in the state.

Lending read: Lenders should be wary of extending credit to withdrawn entities in New Hampshire, as they no longer have legal authorization to operate in the state.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: New Hampshire::Withdrawn. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: RSA 293-A:15.20 (Withdrawal of Foreign Corporation)

Source site: gc.nh.gov

Citation check: Corrected citation on file; official text verification is pending human review.

New Jersey1 statuses: 0 green, 0 yellow, 1 review, 0 red
NOT APPLICABLEReview

Definition: NOT APPLICABLE

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: New Jersey::NOT APPLICABLE. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: N.J.S.A. 14A:12-1(1)(g) via the official NJ Legislature statutes database (https://lis.njleg.state.nj.us / https://pub.njleg.state.nj.us/statutes/), plus filing-office records convention (dataset placeholder) at NJ DORES business records, https://www.njportal.com/DOR/BusinessNameSearch

Source site: lis.njleg.state.nj.us

Citation check: Corrected citation on file; official text verification is pending human review.

New Mexico11 statuses: 1 green, 0 yellow, 4 review, 6 red
ActiveGreen

Definition: The entity is currently operational, compliant with all required filings and regulations, and is legally authorized to conduct business in New Mexico.

Lending read: This status generally suggests a lower risk for lenders, as it indicates the business is meeting its legal obligations and maintaining good standing, which can be a positive indicator of operational stability and financial responsibility.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: New Mexico::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: NM SOS records convention (no statutory 'Active' status); cf. NMSA 1978 sec. 53-19-68 (certificate of good standing and compliance)

Source site: api.realfile.rtsclients.com

Citation check: Corrected citation on file; official text verification is pending human review.

InactiveReview

Definition: Inactive status as recorded by the New Mexico Secretary of State.

Lending read: This status indicates that the entity is not currently conducting business activities, but it still exists legally. This can be due to various reasons, such as suspension or temporary cessation of operations. Lenders should be wary of inactive entities, as this status suggests a pause in operations that could impact the business's ability to generate revenue and repay loans, requiring thorough investigation into the reasons for inactivity and plans for resuming operations.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: New Mexico::Inactive. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: NM SOS records convention (umbrella label covering revoked, dissolved, cancelled, and withdrawn entities); no single statutory section

Source site: www.srca.nm.gov

Citation check: Corrected citation on file; official text verification is pending human review.

New CorporationReview

Definition: Indicates that the entity is newly registered and has been recently incorporated under New Mexico law. While this status suggests a legally compliant start, lenders should note that new corporations often lack extensive credit history or proven operational stability, potentially representing higher risk and requiring more thorough due diligence in lending decisions.

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: New Mexico::New Corporation. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: NM SOS records convention (recently formed entity); formation governed by NMSA 1978 secs. 53-12-1 to 53-12-7 (corp.) and sec. 53-19-7 et seq. (LLC)

Source site: www.sos.nm.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Statement Of Intent To DissolveReview

Definition: Statement Of Intent To Dissolve status as recorded by the New Mexico Secretary of State.

Lending read: This status is declared when an entity files a formal intention to dissolve with the Secretary of State, beginning the process of winding down operations and eventually leading to dissolution. Lenders should view this status as a clear indicator of impending business closure, representing a high risk for new lending and potentially affecting the repayment of existing loans, necessitating immediate review of any current financial engagements with the entity.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: New Mexico::Statement Of Intent To Dissolve. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: NMSA 1978 sec. 53-16-4 (statement of intent to dissolve); secs. 53-16-11, 53-16-12 (articles of dissolution)

Source site: www.srca.nm.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Voluntary DissolutionReview

Definition: The entity has chosen to dissolve legally and cease all operations, a process initiated voluntarily by its owners or shareholders.

Lending read: This status represents a high risk for lenders, as it indicates the business is in the process of closing down, likely making it ineligible for new loans and potentially impacting the repayment of existing debts.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: New Mexico::Voluntary Dissolution. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: NMSA 1978 secs. 53-16-1 to 53-16-24 (corp. voluntary dissolution); sec. 53-19-39 (LLC dissolution)

Source site: www.srca.nm.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

CancelledRed

Definition: The entity's registration or authority to operate has been cancelled, typically at the request of the business or due to administrative processes when transitioning out of business activities.

Lending read: This status suggests the business is no longer operational, presenting a high risk for lenders and likely making the entity ineligible for most lending products due to its ceased operations.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: New Mexico::Cancelled. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: NMSA 1978 sec. 53-19-52 (cancellation of registration, foreign LLC); otherwise NM SOS records convention

Source site: api.realfile.rtsclients.com

Citation check: Corrected citation on file; official text verification is pending human review.

DissolvedRed

Definition: Dissolved status as recorded by the New Mexico Secretary of State.

Lending read: This status signifies that the entity has been formally dissolved and is no longer in existence. This can occur either voluntarily or involuntarily. For lenders, a dissolved status indicates that the business has ceased to exist legally, presenting an extremely high risk and making the entity ineligible for lending, with potential implications for any outstanding loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: New Mexico::Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: NMSA 1978 secs. 53-16-1 to 53-16-24 (corp. dissolution); sec. 53-19-39 (LLC dissolution)

Source site: api.realfile.rtsclients.com

Citation check: Corrected citation on file; official text verification is pending human review.

Involuntarily StrickenRed

Definition: The entity has been removed from the registry involuntarily due to non-compliance with critical legal requirements or failure to respond to official communications regarding its status.

Lending read: This status is a significant red flag for lenders, indicating severe compliance issues and potential operational or financial problems, likely making the entity an unsuitable candidate for lending.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: New Mexico::Involuntarily Stricken. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: NM SOS records convention ('Involuntarily Stricken' label); operative statutes NMSA 1978 sec. 53-11-12 (domestic corp.), sec. 53-17-17 (foreign corp.), sec. 53-19-66.1 (LLC administrative revocation)

Source site: api.realfile.rtsclients.com

Citation check: Corrected citation on file; official text verification is pending human review.

RevokedRed

Definition: Similar to Revoked Final, but this status may still allow for a period during which the entity can rectify its non-compliance issues to regain its active status.

Lending read: Lenders should approach these entities with caution, as the revoked status indicates significant compliance issues, but the potential for reinstatement suggests the business may be working to resolve these problems, requiring careful assessment of the entity's current efforts and financial situation.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: New Mexico::Revoked. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: NMSA Sections 53-17-17, 53-17-18 (Bus. Corp.); 53-19-66.2 (LLC)

Source site: nmonesource.com

Statute note: Uses "revocation" not dissolution. Administrative revocation (Section 53-17-17). Reinstatement (Section 53-17-18) within 2 yrs of revocation; relates back as if administrative revocation never occurred. SOS assumed corporate chartering from the Public Regulation Commission in 2013.

Citation check: Verified against the official source text, retrieved 2026-07-03.

Revoked FinalRed

Definition: Revoked Final status as recorded by the New Mexico Secretary of State.

Lending read: This status indicates that the entity's registration has been permanently revoked due to non-compliance with statutory requirements, such as failure to file annual reports or pay required fees, and the entity has not rectified the situation within the allowed timeframe. Lenders should consider this status as a significant red flag, indicating severe non-compliance and potential financial instability, making the entity an extremely high-risk prospect for lending.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: New Mexico::Revoked Final. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: NMSA Sections 53-17-17, 53-17-18 (Bus. Corp.); 53-19-66.2 (LLC)

Source site: nmonesource.com

Statute note: Uses "revocation" not dissolution. Administrative revocation (Section 53-17-17). Reinstatement (Section 53-17-18) within 2 yrs of revocation; relates back as if administrative revocation never occurred. SOS assumed corporate chartering from the Public Regulation Commission in 2013.

Citation check: Verified against the official source text, retrieved 2026-07-03.

WithdrawalRed

Definition: Withdrawal status as recorded by the New Mexico Secretary of State.

Lending read: This status is used when a foreign (out-of-state) entity formally withdraws its registration to operate in New Mexico, often when ceasing operations or relocating. For lenders, this status indicates that the business is no longer authorized to operate in New Mexico, which could significantly impact its ability to generate revenue in the state and may signal broader operational changes or challenges, necessitating a reassessment of any existing loans or lending considerations.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: New Mexico::Withdrawal. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: NMSA 1978 secs. 53-17-15, 53-17-16 (foreign corp. withdrawal); sec. 53-19-52 (foreign LLC cancellation of registration)

Source site: www.srca.nm.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

New York2 statuses: 1 green, 0 yellow, 0 review, 1 red
ActiveGreen

Definition: Active status as recorded by the New York Secretary of State.

Lending read: This status indicates that the business entity is currently operational, compliant with all filing requirements, and in good standing with the New York Department of State. An active status means the business is authorized to conduct operations within the state and has met all necessary legal and regulatory obligations. For lenders, this status generally suggests a lower risk profile, as it indicates the business is meeting its legal and financial responsibilities, which can be a positive indicator of operational stability and creditworthiness.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: New York::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: N.Y. Bus. Corp. Law Section 403 (corporate existence; certificate conclusive evidence), with N.Y. Tax Law Section 203-a relevant only as the dissolution risk that has not occurred

Source site: www.nysenate.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

InactiveRed

Definition: Inactive status as recorded by the New York Secretary of State.

Lending read: This status means that the business entity is no longer active. This could be due to several reasons, such as failure to file required annual reports, non-payment of fees, or voluntary dissolution by the owners. An inactive status means the entity is not currently authorized to conduct business operations until any issues are resolved and the status is updated back to active, if applicable. Lenders should approach inactive businesses with caution, as this status may indicate financial difficulties, non-compliance, or cessation of operations, all of which significantly increase lending risk and raise concerns about the business's ability to repay loans or maintain stable operations.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: New York::Inactive. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: N.Y. Tax Law Section 203-a; N.Y. Bus. Corp. Law Sections 1005(a)(1), 1006(a)(4) (dissolved corporation limited to winding up but may sue and be sued)

Source site: www.nysenate.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

North Carolina14 statuses: 1 green, 2 yellow, 3 review, 8 red
Current - ActiveGreen

Definition: The entity is current on all required documents and active on the NC Business Registry.

Lending read: This status indicates a business is compliant and operational, suggesting a lower risk profile for lenders and potentially better creditworthiness.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: North Carolina::Current - Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office records convention; NC SOS General Counsel Manual, Most Common Business Status Definitions, https://www.sosnc.gov/manual/General_Counsel/Page21

Source site: www.sosnc.gov

Citation check: Corrected citation on file; official text verification is pending human review.

PA SuspendedYellow

Definition: PA Suspended status as recorded by the North Carolina Secretary of State.

Lending read: This status is used when a licensing board under N.C.G.S. Chapter 55B has suspended a business entity of record. This status suggests professional licensing issues, which could significantly impact the business's ability to operate and generate revenue, presenting increased risk for lenders.

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: North Carolina::PA Suspended. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: N.C. Gen. Stat. Ch. 55B (Professional Corporation Act; licensing-board suspension of professional entities)

Source site: www.sosnc.gov

Citation check: Corrected citation on file; official text verification is pending human review.

SuspendedYellow

Definition: The North Carolina Department of Revenue notified the NC Department of the Secretary of State to suspend the entity. No documents can be filed on an entity which is suspended by the Department of Revenue, with the exception of a Statement of Resignation of Registered Agent.

Lending read: This status indicates serious tax compliance issues, signaling high risk for lenders and potential operational challenges.

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: North Carolina::Suspended. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: N.C. Gen. Stat. Sections 105-230, 105-232 (suspension of corporate charter or certificate of authority for failure to file report or pay tax; effects and reinstatement)

Source site: www.sosnc.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Failure to Pay FeeReview

Definition: Failure to Pay Fee status as recorded by the North Carolina Secretary of State.

Lending read: This status is used by the Budget Office when a creation document is submitted and there is an issue with the filing fee, such as non-sufficient funds or a closed account. This status may indicate financial difficulties or administrative oversights, potentially signaling increased risk for lenders and requiring further investigation into the business's financial management practices.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: North Carolina::Failure to Pay Fee. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office records convention (Budget Office, creation-document fee issue); NC SOS Entity Status FAQ, https://www.sosnc.gov/frequently_asked_questions/by_title/_Business_registration_Entity_Status

Source site: www.sosnc.gov

Citation check: Corrected citation on file; official text verification is pending human review.

In ProcessReview

Definition: In Process status as recorded by the North Carolina Secretary of State.

Lending read: This status is used when a submission for a creation filing is received and the document is in process of being examined and filed. While this status indicates a new business formation, lenders should exercise caution as the entity is not yet fully established and may lack operational history.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: North Carolina::In Process. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office records convention (creation filing under examination); NC SOS Entity Status FAQ, https://www.sosnc.gov/frequently_asked_questions/by_title/_Business_registration_Entity_Status

Source site: www.sosnc.gov

Citation check: Corrected citation on file; official text verification is pending human review.

MultipleReview

Definition: An entity which is administratively dissolved or administratively revoked and suspended by the Department of Revenue or a licensing board. The word "multiple" indicates there is more than one applicable status.

Lending read: This status suggests significant compliance issues, potentially indicating higher risk for lenders and possible operational instability.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: North Carolina::Multiple. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Records convention combining statuses; N.C. Gen. Stat. Sections 55-14-21 (admin. dissolution), 55-15-31 (admin. revocation), 105-230 (DOR suspension), Ch. 55B (licensing board); NC SOS General Counsel Manual, https://www.sosnc.gov/manual/General_Counsel/Page21

Source site: www.sosnc.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Admin. DissolvedRed

Definition: The entity progressed through the administrative dissolution process without filing the required filings and a Certificate of Administrative Dissolution was issued. No documents, except changes to the Registered Agent can be filed on an administratively dissolved company.

Lending read: This status suggests severe compliance issues, indicating high risk for lenders and potential operational instability.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: North Carolina::Admin. Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: N.C. Gen. Stat. Sections 55-14-20, 55-14-21, 55-14-22 (Bus. Corp. Act); 55D-21

Source site: sosnc.gov

Statute note: Admin dissolution (Section 55-14-21) on Section 55-14-20 grounds (annual report default, agent lapse, etc.). Reinstatement (Section 55-14-22) relates back as if dissolution never occurred, subject to intervening third-party reliance. Foreign entities requalify rather than reinstate. "Suspended" = NC Dept of Revenue tax hold.

Citation check: Corrected citation on file; official text verification is pending human review.

Auto DissolveRed

Definition: The General Assembly passed a bill to automatically dissolve entities for specific reasons.

Lending read: This status suggests the business has been forcibly dissolved due to legislative action, indicating high risk for lenders and likely cessation of operations.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: North Carolina::Auto Dissolve. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office status convention (dissolution by uncodified N.C. Session Law); NC SOS Entity Status FAQ, https://www.sosnc.gov/frequently_asked_questions/by_title/_Business_registration_Entity_Status

Source site: www.sosnc.gov

Citation check: Corrected citation on file; official text verification is pending human review.

CancelledRed

Definition: An entity that filed a Certificate of Cancellation of its Registration of Limited Partnership, Limited Liability Partnership, or Limited Liability Limited Partnership. The entity s is no longer active on the NC Business Registry.

Lending read: This status signifies the business has voluntarily terminated its registration, presenting high risk for lenders and indicating cessation of operations.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: North Carolina::Cancelled. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: N.C. Gen. Stat. Section 59-203 (cancellation of certificate of limited partnership); Section 59-210 (cancellation of LLLP registration); Ch. 59, Art. 3B (registered LLPs)

Source site: www.sosnc.gov

Citation check: Corrected citation on file; official text verification is pending human review.

DissolvedRed

Definition: An entity filed Articles of Dissolution to close their business. They are not active on the NC Business Registry.

Lending read: This status indicates the business has voluntarily ceased operations, presenting significant risk for lenders and suggesting no ongoing business activity.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: North Carolina::Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: N.C. Gen. Stat. Sections 55-14-01 to 55-14-05 (voluntary dissolution; articles of dissolution; effect of dissolution)

Source site: www.sosnc.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Doc Tracking CanceledRed

Definition: Doc Tracking Canceled status as recorded by the North Carolina Secretary of State.

Lending read: This status indicates that the processing or tracking of a document, often within a governmental or organizational system, has been halted and effectively canceled. While this status may not directly impact the business's operations, it could signal administrative issues that lenders should investigate further.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: North Carolina::Doc Tracking Canceled. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office document-tracking records convention (no governing statute); NC SOS Entity Status FAQ, https://www.sosnc.gov/frequently_asked_questions/by_title/_Business_registration_Entity_Status

Source site: www.sosnc.gov

Citation check: Corrected citation on file; official text verification is pending human review.

RevokedRed

Definition: The entity progressed through the administrative revocation process without filing the required filings and a Certificate of Administrative Revocation was issued.

Lending read: This status indicates significant non-compliance, suggesting high risk for lenders and potential operational and legal challenges.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: North Carolina::Revoked. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: N.C. Gen. Stat. Sections 55-15-30, 55-15-31 (grounds for and procedure/effect of administrative revocation of certificate of authority)

Source site: www.sosnc.gov

Citation check: Corrected citation on file; official text verification is pending human review.

WithdrawnRed

Definition: When a foreign entity doesn't want to do business in North Carolina and withdrawls their Certificate of Authority to do business in North Carolina.

Lending read: This status indicates the business has voluntarily ceased operations in the state, potentially impacting its market presence and financial stability.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: North Carolina::Withdrawn. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: N.C. Gen. Stat. Section 55-15-20 (withdrawal of foreign corporation), with parallel provisions for other foreign entity types

Source site: www.sosnc.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Withdrawn by MergerRed

Definition: Withdrawn by Merger status as recorded by the North Carolina Secretary of State.

Lending read: This status is used when a foreign entity registered with the NC Department of the Secretary of State, merges with another foreign entity or has converted to another foreign entity and the registration is no longer needed in North Carolina. This status indicates a significant change in business structure, which may impact the entity's financial stability and creditworthiness, requiring careful assessment by lenders.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: North Carolina::Withdrawn by Merger. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: N.C. Gen. Stat. Section 55-15-21 (withdrawal of foreign corporation by reason of a merger, consolidation, or conversion)

Source site: www.sosnc.gov

Citation check: Corrected citation on file; official text verification is pending human review.

North Dakota6 statuses: 1 green, 0 yellow, 1 review, 4 red
ActiveGreen

Definition: Active status as recorded by the North Dakota Secretary of State.

Lending read: This status signifies that the business entity is in good standing with the state, having fulfilled all legal and filing requirements, and is authorized to conduct business in North Dakota. Active status generally indicates a lower risk for lenders, as it suggests the business is compliant, operational, and maintaining its legal obligations, which are positive factors for creditworthiness assessment.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: North Dakota::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: N.D.C.C. Sections 10-19.1-146, 10-19.1-147 (Bus. Corp. Act)

Source site: ndlegis.gov

Statute note: Uses "involuntary dissolution by operation of law." Failure to file annual report: SOS mails notice; late filing restores good standing. After 1 yr unfiled, corp "ceases to exist" and is involuntarily dissolved (Section 10-19.1-146(6)). Reinstatement (Section 10-19.1-146(8)) within 1 yr via past-due reports + fees. NOTE: reinstatement does NOT relate back; it does not affect rights or liabilities arising during the dissolved gap (unusual).

Citation check: Verified against the official source text, retrieved 2026-07-03.

Inactive - VoluntaryReview

Definition: The entity has chosen to become inactive on its own accord, which could involve voluntarily dissolving, withdrawing, or ceasing operations without transitioning to another state.

Lending read: This status presents significant risks for lenders, as it indicates the business has intentionally ceased operations in North Dakota, potentially impacting its ability to generate revenue and repay loans.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: North Dakota::Inactive - Voluntary. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: N.D.C.C. Sections 10-19.1-105, 10-19.1-107, 10-19.1-108, 10-19.1-113.1 (voluntary dissolution; notice of intent to dissolve - effect; articles of dissolution)

Source site: ndlegis.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Inactive - Converted OutRed

Definition: Inactive - Converted Out status as recorded by the North Dakota Secretary of State.

Lending read: This status applies to a business entity that has changed its business type or structure and has registered as a new type of entity, typically in a different jurisdiction, ceasing to exist in its previous form in North Dakota. Lenders should be aware that this status may require additional due diligence to understand the implications of the conversion on the business's financial stability and legal standing in its new jurisdiction.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: North Dakota::Inactive - Converted Out. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: N.D.C.C. Sections 10-19.1-104.1 to 10-19.1-104.6 (conversion; effective date of conversion - effect)

Source site: ndlegis.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Inactive - ExpiredRed

Definition: Inactive - Expired status as recorded by the North Dakota Secretary of State.

Lending read: This status indicates that the business entity's registration has expired due to the non-renewal of its business registration or other required periodic filings. Lenders should be cautious when considering loans to businesses with this status, as it suggests potential financial difficulties or operational instability, and may indicate increased risk due to the entity's non-compliance with state regulations.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: North Dakota::Inactive - Expired. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: N.D.C.C. Section 10-19.1-127 (extension after duration expired); Section 10-19.1-128 (effect of extension)

Source site: ndlegis.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Inactive - InvoluntaryRed

Definition: The entity has been made inactive against its wishes, usually due to non-compliance with state regulations such as failing to file annual reports or not maintaining a registered agent.

Lending read: This status raises significant red flags for lenders, as it indicates serious compliance issues and potential operational or financial problems, which could negatively impact the business's ability to repay loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: North Dakota::Inactive - Involuntary. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: N.D.C.C. Sections 10-19.1-146, 10-19.1-147 (Bus. Corp. Act)

Source site: ndlegis.gov

Statute note: Uses "involuntary dissolution by operation of law." Failure to file annual report: SOS mails notice; late filing restores good standing. After 1 yr unfiled, corp "ceases to exist" and is involuntarily dissolved (Section 10-19.1-146(6)). Reinstatement (Section 10-19.1-146(8)) within 1 yr via past-due reports + fees. NOTE: reinstatement does NOT relate back; it does not affect rights or liabilities arising during the dissolved gap (unusual).

Citation check: Verified against the official source text, retrieved 2026-07-03.

Inactive - MergedRed

Definition: Inactive - Merged status as recorded by the North Dakota Secretary of State.

Lending read: This status is assigned to an entity that has merged with another entity, resulting in the cessation of its original corporate structure and operations under that registration in North Dakota. Lenders should carefully evaluate the implications of the merger on the business's financial health, operational stability, and legal obligations, as these factors can significantly impact the risk assessment and lending decision.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: North Dakota::Inactive - Merged. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: N.D.C.C. Section 10-19.1-102 (effective date of merger or exchange - effect); Sections 10-19.1-96 to 10-19.1-103 (merger provisions)

Source site: ndlegis.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Ohio4 statuses: 1 green, 0 yellow, 1 review, 2 red
ActiveGreen

Definition: Active status as recorded by the Ohio Secretary of State.

Lending read: This status indicates that the business entity is currently in good standing with the Ohio Secretary of State. The entity has complied with all filing requirements and is authorized to conduct business in Ohio. For lenders, this status suggests a lower risk profile, as it demonstrates the business's commitment to regulatory compliance and ongoing operations, potentially indicating better creditworthiness and operational stability.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Ohio::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: No governing ORC section for the status label; Ohio SOS Business Search records convention 'Active' (businesssearch.ohiosos.gov)

Source site: businesssearch.ohiosos.gov

Citation check: Corrected citation on file; official text verification is pending human review.

HeldReview

Definition: Held status as recorded by the Ohio Secretary of State.

Lending read: This status often implies that the business's status is in a temporary state due to administrative reasons, such as pending review or processing of documentation. It may also relate to the reservation of a business name or other temporary measures that hold the status until final actions are completed. Lenders should approach businesses with this status cautiously, as it may indicate a transitional phase or unresolved administrative issues, potentially impacting the business's immediate ability to engage in certain transactions or access credit.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Ohio::Held. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ohio Rev. Code Sections 1701.86, 1701.88, 1701.07, 1701.922; 5733.22 (tax)

Source site: codes.ohio.gov

Statute note: On voluntary dissolution or cancellation of articles (incl. Section 1785/Section 5733.22 tax cancellation), entity ceases business and may only wind up, continuing 5 yrs (Section 1701.88). Reinstatement under Section 1701.07/Section 1701.922 restores rights, privileges, franchises. "Dead" = dissolved/canceled/merged.

Citation check: Corrected citation on file; official text verification is pending human review.

CancelledRed

Definition: Cancelled status as recorded by the Ohio Secretary of State.

Lending read: This status indicates that the registration of the business entity has been cancelled. This can occur for various reasons, including the business voluntarily deciding to cancel its own registration or the state cancelling it due to non-compliance with legal requirements. For lenders, a cancelled status raises serious concerns about the business's operational status and legal standing, significantly increasing lending risk and potentially rendering the business ineligible for most forms of credit due to its lack of valid registration.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Ohio::Cancelled. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ohio Rev. Code Sections 1701.86, 1701.88, 1701.07, 1701.922; 5733.22 (tax)

Source site: codes.ohio.gov

Statute note: On voluntary dissolution or cancellation of articles (incl. Section 1785/Section 5733.22 tax cancellation), entity ceases business and may only wind up, continuing 5 yrs (Section 1701.88). Reinstatement under Section 1701.07/Section 1701.922 restores rights, privileges, franchises. "Dead" = dissolved/canceled/merged.

Citation check: Corrected citation on file; official text verification is pending human review.

DeadRed

Definition: Dead status as recorded by the Ohio Secretary of State.

Lending read: This status means that the business entity has been dissolved, either voluntarily by the business owners, involuntarily by the state due to non-compliance with filing requirements, or because it has merged into another entity. A "Dead" status entity is no longer authorized to conduct business. This status represents a significant risk for lenders, as it indicates the business has ceased operations and is no longer a legal entity, making any lending extremely risky and potentially impossible due to the lack of a valid borrowing entity.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Ohio::Dead. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Ohio Rev. Code Sections 1701.86, 1701.88, 1701.07, 1701.922; 5733.22 (tax)

Source site: codes.ohio.gov

Statute note: On voluntary dissolution or cancellation of articles (incl. Section 1785/Section 5733.22 tax cancellation), entity ceases business and may only wind up, continuing 5 yrs (Section 1701.88). Reinstatement under Section 1701.07/Section 1701.922 restores rights, privileges, franchises. "Dead" = dissolved/canceled/merged.

Citation check: Corrected citation on file; official text verification is pending human review.

Oklahoma8 statuses: 2 green, 0 yellow, 3 review, 3 red
Legal In useGreen

Definition: Legal In use status as recorded by the Oklahoma Secretary of State.

Lending read: This status indicates that the business name or trademark is currently in active use and registered under state law, fully compliant with all filing requirements. For lenders, this status suggests a business is operational and compliant, potentially indicating a lower risk profile, though further financial assessment is still necessary.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Oklahoma::Legal In use. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: OK SOS name-record convention (current legal name in use); name records governed generally by 18 O.S. Section 1141 (distinguishable-name rules); official records: sos.ok.gov Business Entity Records search

Source site: www.oklegislature.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Tradename ActiveGreen

Definition: Tradename Active status as recorded by the Oklahoma Secretary of State.

Lending read: This status indicates that a tradename (also known as a "doing business as" or DBA name) is currently active and legally registered, in use by the business entity. While an active tradename suggests ongoing business operations, lenders should verify that this aligns with the primary business entity's status and financial standing.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Oklahoma::Tradename Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 18 O.S. Section 1140 (Trade names - report filed with the Secretary of State)

Source site: www.oklegislature.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Legal FormerReview

Definition: Legal Former status as recorded by the Oklahoma Secretary of State.

Lending read: This status is used when a business name or trademark was previously in use but has since been changed or abandoned. The entity continues under a new name or registration. Lenders should investigate the reasons for the name change and ensure continuity of operations and financial stability under the new entity.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Oklahoma::Legal Former. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: OK SOS name-record convention (former legal name of record after name change); name records governed generally by 18 O.S. Section 1141 (distinguishable-name rules); official records: sos.ok.gov Business Entity Records search

Source site: www.oklegislature.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Legal InactiveReview

Definition: Legal Inactive status as recorded by the Oklahoma Secretary of State.

Lending read: This status signifies that the business name or trademark is no longer in active use. It may not be dissolved but is not currently engaged in business activities or the name is not being used commercially. Lenders should exercise caution with inactive businesses, as this status may indicate financial difficulties or a pause in operations, potentially increasing lending risk.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Oklahoma::Legal Inactive. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 18 O.S. Sections 1099, 1119, 1120 (Gen. Corp. Act)

Source site: oklegislature.gov

Statute note: On dissolution/suspension, entity continues 3 yrs to wind up and defend suits (Section 1099) but has NO legal standing to do business during the gap. Revival/restoration of certificate (Section 1119/Section 1120) restores all original rights but carries forward debts and back franchise taxes. Note: OK franchise tax ended after tax year 2023; pre-2023 suspensions still require reinstatement.

Citation check: Verified against the official source text, retrieved 2026-07-03.

Tradename TransferredReview

Definition: Tradename Transferred status as recorded by the Oklahoma Secretary of State.

Lending read: This status indicates that the rights to use a tradename have been transferred from one entity to another, through a legal process of assignment or sale. Lenders should carefully assess the implications of this transfer on the business's operations, ownership structure, and financial obligations to understand potential risks or opportunities.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Oklahoma::Tradename Transferred. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 18 O.S. Section 1140.2 (Transfer of trade name)

Source site: www.oklegislature.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Fictitious ExpiredRed

Definition: Similar to "Legal Expired," this status refers to a fictitious business name or DBA that has not been renewed by the deadline and therefore its registration has lapsed. An expired fictitious name may indicate oversight in compliance or potential changes in business operations, prompting lenders to investigate the current status of the business and its financial health before making lending decisions.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Oklahoma::Fictitious Expired. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: OK SOS name-record convention (fictitious name no longer of record); governing filings: 54 O.S. Sections 81, 84.1 (partnership fictitious name certificate and cancellation, https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os54.pdf) and 18 O.S. Section 1141(3) (foreign entity fictitious name); official records: sos.ok.gov Business Entity Records search

Source site: www.oklegislature.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Legal ExpiredRed

Definition: Legal Expired status as recorded by the Oklahoma Secretary of State.

Lending read: This status means that the registration for the business name or trademark has expired due to the entity not renewing it within the required timeframe. For lenders, an expired status raises red flags about the business's compliance and potentially its financial health, warranting careful scrutiny in lending decisions.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Oklahoma::Legal Expired. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 18 O.S. Sections 1099, 1119, 1120 (Gen. Corp. Act)

Source site: oklegislature.gov

Statute note: On dissolution/suspension, entity continues 3 yrs to wind up and defend suits (Section 1099) but has NO legal standing to do business during the gap. Revival/restoration of certificate (Section 1119/Section 1120) restores all original rights but carries forward debts and back franchise taxes. Note: OK franchise tax ended after tax year 2023; pre-2023 suspensions still require reinstatement.

Citation check: Verified against the official source text, retrieved 2026-07-03.

Tradename WithdrawnRed

Definition: Tradename Withdrawn status as recorded by the Oklahoma Secretary of State.

Lending read: This status means that the tradename registration has been formally withdrawn, either voluntarily by the business entity or due to compliance failures. For lenders, a withdrawn tradename may signal changes in business strategy or potential compliance issues, necessitating a thorough review of the business's current operational and financial status.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Oklahoma::Tradename Withdrawn. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 18 O.S. Section 1140.1 (Withdrawal of trade name)

Source site: www.oklegislature.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Oregon12 statuses: 1 green, 0 yellow, 10 review, 1 red
ActiveGreen

Definition: Active.

Lending read: This status indicates that the business is currently operating and in compliance with state requirements, suggesting a lower risk profile for lenders due to the entity's ongoing operations and regulatory adherence.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Oregon::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: ORS Sections 60.641, 60.651, 60.654 (Bus. Corp. Act); 63.654 (LLC)

Source site: oregonlegislature.gov

Statute note: Admin dissolution (ORS 60.651) on grounds incl. annual report default, agent lapse, unpaid fees. Dissolved entity continues only to wind up; reinstatement (ORS 60.654) within 5 yrs relates back as if dissolution never occurred.

Citation check: Corrected citation on file; official text verification is pending human review.

ACTReview

Definition: Active

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Oregon::ACT. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: ORS Sections 60.641, 60.651, 60.654 (Bus. Corp. Act); 63.654 (LLC)

Source site: oregonlegislature.gov

Statute note: Admin dissolution (ORS 60.651) on grounds incl. annual report default, agent lapse, unpaid fees. Dissolved entity continues only to wind up; reinstatement (ORS 60.654) within 5 yrs relates back as if dissolution never occurred.

Citation check: Corrected citation on file; official text verification is pending human review.

DELReview

Definition: Deleted

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Oregon::DEL. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Oregon Business Registry records convention (Oregon SOS Corporation Division status code DEL = Deleted); official records portal at https://sos.oregon.gov/business/Pages/find.aspx

Source site: sos.oregon.gov

Citation check: Corrected citation on file; official text verification is pending human review.

In ProcessReview

Definition: In Process.

Lending read: This status indicates that the business entity is in the process of being formed or registered, which may present both opportunities and risks for lenders, as the business is not yet fully established but could be seeking startup capital.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Oregon::In Process. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Oregon Business Registry records convention (Oregon SOS Corporation Division processing status 'In Process'); official records portal at https://sos.oregon.gov/business/Pages/find.aspx

Source site: sos.oregon.gov

Citation check: Corrected citation on file; official text verification is pending human review.

INAReview

Definition: Inactive

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Oregon::INA. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: ORS Sections 60.641, 60.651, 60.654 (Bus. Corp. Act); 63.654 (LLC)

Source site: oregonlegislature.gov

Statute note: Admin dissolution (ORS 60.651) on grounds incl. annual report default, agent lapse, unpaid fees. Dissolved entity continues only to wind up; reinstatement (ORS 60.654) within 5 yrs relates back as if dissolution never occurred.

Citation check: Corrected citation on file; official text verification is pending human review.

InactiveReview

Definition: Inactive. An inactive status suggests the business is not currently operating, which could indicate financial difficulties or a temporary cessation of activities, raising concerns for lenders about the entity's ability to generate revenue and repay loans.

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Oregon::Inactive. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: ORS Sections 60.641, 60.651, 60.654 (Bus. Corp. Act); 63.654 (LLC)

Source site: oregonlegislature.gov

Statute note: Admin dissolution (ORS 60.651) on grounds incl. annual report default, agent lapse, unpaid fees. Dissolved entity continues only to wind up; reinstatement (ORS 60.654) within 5 yrs relates back as if dissolution never occurred.

Citation check: Corrected citation on file; official text verification is pending human review.

IPReview

Definition: In Process

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Oregon::IP. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Oregon Business Registry records convention (Oregon SOS Corporation Division processing status IP = In Process); official records portal at https://sos.oregon.gov/business/Pages/find.aspx

Source site: sos.oregon.gov

Citation check: Corrected citation on file; official text verification is pending human review.

NONReview

Definition: Nonfileable. These Entities Are Not Yet Filed For Various Reasons.

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Oregon::NON. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Oregon Business Registry records convention (Oregon SOS Corporation Division status NON = Nonfileable, entity not yet filed); official records portal at https://sos.oregon.gov/business/Pages/find.aspx

Source site: sos.oregon.gov

Citation check: Corrected citation on file; official text verification is pending human review.

NonfileableReview

Definition: Nonfileable. These Entities Are Not Yet Filed For Various Reasons.

Lending read: This status suggests potential compliance issues or incomplete documentation, which could raise red flags for lenders regarding the business's organizational stability and adherence to regulatory requirements.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Oregon::Nonfileable. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Oregon Business Registry records convention (Oregon SOS Corporation Division status 'Nonfileable', entity not yet filed); official records portal at https://sos.oregon.gov/business/Pages/find.aspx

Source site: sos.oregon.gov

Citation check: Corrected citation on file; official text verification is pending human review.

UNFReview

Definition: Unfiled

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Oregon::UNF. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Oregon Business Registry records convention (Oregon SOS Corporation Division status UNF = Unfiled); official records portal at https://sos.oregon.gov/business/Pages/find.aspx

Source site: sos.oregon.gov

Citation check: Corrected citation on file; official text verification is pending human review.

UnfiledReview

Definition: Unfiled. An unfiled status may indicate that the business has not completed necessary filings or registrations, potentially signaling compliance issues or operational instability that lenders should carefully consider in their risk assessment process.

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Oregon::Unfiled. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Oregon Business Registry records convention (Oregon SOS Corporation Division status 'Unfiled'); official records portal at https://sos.oregon.gov/business/Pages/find.aspx

Source site: sos.oregon.gov

Citation check: Corrected citation on file; official text verification is pending human review.

DeletedRed

Definition: Deleted.

Lending read: This status implies that the business entity has been removed from state records, signaling a high risk for lenders as the company may no longer exist legally or operationally, potentially impacting loan repayment ability and overall creditworthiness.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Oregon::Deleted. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Oregon Business Registry records convention (Oregon SOS Corporation Division status 'Deleted'); official records portal at https://sos.oregon.gov/business/Pages/find.aspx

Source site: sos.oregon.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Pennsylvania8 statuses: 1 green, 0 yellow, 1 review, 6 red
ActiveGreen

Definition: The business entity is registered and compliant with all state requirements, allowing it to legally operate within Pennsylvania.

Lending read: This status generally indicates a lower risk for lenders, as it suggests the business is meeting its legal obligations and maintaining good standing, which can be a positive indicator of operational stability and financial responsibility.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Pennsylvania::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 15 Pa.C.S. Sections 381, 1971, 1978; Act 122 of 2022

Source site: palegis.us

Statute note: Admin dissolution/cancellation (Section 381) for grounds incl. failure to file annual report (per Act 122, enforced from 2027). Dissolved entity may only wind up, is not subsisting, name becomes available; reinstatement available on application + fees. Forfeiture by Governor proclamation under Fiscal Code Section 1704 also a dissolution trigger.

Citation check: Corrected citation on file; official text verification is pending human review.

Active - County OrphanReview

Definition: This is a less common status and typically refers to entities that have been taken over by a county due to abandonment or lack of proper succession or management.

Lending read: Lenders should approach businesses with this status with extreme caution, as it indicates significant management issues and potential financial instability, making loan repayment highly uncertain.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Pennsylvania::Active - County Orphan. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: No governing statute; PA Department of State records convention for legacy county-filed entities ('County Orphan' entity type) - official records page: https://file.dos.pa.gov/search/business

Source site: file.dos.pa.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Inactive - CancelledRed

Definition: The registration or authority of the entity to operate has been cancelled, typically due to non-compliance, failure to file necessary renewals, or non-payment of fees.

Lending read: This status raises significant red flags for lenders, as it suggests the business has failed to meet basic operational requirements, potentially indicating financial distress or mismanagement.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Pennsylvania::Inactive - Cancelled. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 15 Pa.C.S. Sections 381, 1971, 1978; Act 122 of 2022

Source site: palegis.us

Statute note: Admin dissolution/cancellation (Section 381) for grounds incl. failure to file annual report (per Act 122, enforced from 2027). Dissolved entity may only wind up, is not subsisting, name becomes available; reinstatement available on application + fees. Forfeiture by Governor proclamation under Fiscal Code Section 1704 also a dissolution trigger.

Citation check: Corrected citation on file; official text verification is pending human review.

Inactive - DissolvedRed

Definition: The entity has been formally dissolved and is no longer authorized to conduct business. Dissolution could be voluntary or forced by the state due to non-compliance.

Lending read: Lenders should exercise extreme caution when considering lending to dissolved entities, as they no longer have legal authority to operate and may face significant challenges in repaying loans or maintaining creditworthiness.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Pennsylvania::Inactive - Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 15 Pa.C.S. Sections 381, 1971, 1978; Act 122 of 2022

Source site: palegis.us

Statute note: Admin dissolution/cancellation (Section 381) for grounds incl. failure to file annual report (per Act 122, enforced from 2027). Dissolved entity may only wind up, is not subsisting, name becomes available; reinstatement available on application + fees. Forfeiture by Governor proclamation under Fiscal Code Section 1704 also a dissolution trigger.

Citation check: Corrected citation on file; official text verification is pending human review.

Inactive - ExpiredRed

Definition: Inactive - Expired status as recorded by the Pennsylvania Secretary of State.

Lending read: This status generally applies to entities such as limited partnerships, limited liability partnerships, or limited liability companies where registration or existence has a time limit which has expired. Lenders should be wary of businesses with this status, as it indicates a failure to maintain proper registration, which could signal operational instability or financial difficulties.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Pennsylvania::Inactive - Expired. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 15 Pa.C.S. Sections 381, 1971, 1978; Act 122 of 2022

Source site: palegis.us

Statute note: Admin dissolution/cancellation (Section 381) for grounds incl. failure to file annual report (per Act 122, enforced from 2027). Dissolved entity may only wind up, is not subsisting, name becomes available; reinstatement available on application + fees. Forfeiture by Governor proclamation under Fiscal Code Section 1704 also a dissolution trigger.

Citation check: Corrected citation on file; official text verification is pending human review.

Inactive - Merged OutRed

Definition: The entity has merged with another entity and no longer exists as a separate legal entity. While this status doesn't necessarily indicate financial trouble, lenders should carefully assess the new merged entity's financial health and creditworthiness, as the original borrower no longer exists independently.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Pennsylvania::Inactive - Merged Out. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 15 Pa.C.S. Section 336 (effect of merger; merged association ceases to exist as a separate entity)

Source site: www.palegis.us

Citation check: Corrected citation on file; official text verification is pending human review.

Inactive - TerminatedRed

Definition: Similar to dissolution, this status indicates the entity has been officially terminated and ceased to exist legally.

Lending read: This status presents a high risk for lenders, as the business no longer exists as a legal entity, making loan recovery extremely difficult and potentially impossible.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Pennsylvania::Inactive - Terminated. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 15 Pa.C.S. Sections 381, 1971, 1978; Act 122 of 2022

Source site: palegis.us

Statute note: Admin dissolution/cancellation (Section 381) for grounds incl. failure to file annual report (per Act 122, enforced from 2027). Dissolved entity may only wind up, is not subsisting, name becomes available; reinstatement available on application + fees. Forfeiture by Governor proclamation under Fiscal Code Section 1704 also a dissolution trigger.

Citation check: Corrected citation on file; official text verification is pending human review.

Inactive - Withdrawn - Consolidated InactiveRed

Definition: The entity has formally withdrawn its business operations from the state and consolidated its activities, making it inactive in Pennsylvania.

Lending read: This status suggests the business is no longer operating in Pennsylvania, which could significantly impact its ability to repay loans and maintain creditworthiness in the state, requiring lenders to reassess the risk associated with any existing or potential loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Pennsylvania::Inactive - Withdrawn - Consolidated Inactive. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 15 Pa.C.S. Ch. 4 (foreign associations; withdrawal of registration provisions), plus PA Dept. of State registry convention for the 'Consolidated Inactive' label - records page: https://file.dos.pa.gov/search/business

Source site: www.palegis.us

Citation check: Corrected citation on file; official text verification is pending human review.

Rhode Island11 statuses: 0 green, 0 yellow, 3 review, 8 red
ConversionReview

Definition: Conversion status as recorded by the Rhode Island Secretary of State.

Lending read: This status is used when a business entity changes its type (e.g., from a corporation to an LLC) through a legal process known as conversion. Lenders should be aware that while this status doesn't necessarily indicate financial instability, it may require reassessment of the business's legal structure, tax obligations, and potential changes in liability, which could impact lending decisions and risk assessment.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Rhode Island::Conversion. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: R.I. Gen. Laws Sections 7-1.2-1007, 7-1.2-1008 (conversion to and from a domestic corporation)

Source site: webserver.rilegislature.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Name ReservationReview

Definition: Name Reservation status as recorded by the Rhode Island Secretary of State.

Lending read: This status means a particular business name has been reserved; the reservation holds the name for a specified period, preventing other entities from registering under the same name. While not directly indicative of operational or financial status, lenders should note that this status suggests a business may be in its early planning stages, requiring careful assessment of business plans and potential risks associated with startup ventures.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Rhode Island::Name Reservation. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: R.I. Gen. Laws Section 7-1.2-403 (reserved name)

Source site: webserver.rilegislature.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Revocation NoticeReview

Definition: This is a notice issued prior to the actual revocation of a business's status, typically warning of pending revocation due to non-compliance with statutory requirements. While not a final status, lenders should view this as a serious warning sign, indicating potential compliance issues that could lead to loss of legal operating status if not addressed promptly, thus increasing the risk profile of the business.

Lending read:

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Rhode Island::Revocation Notice. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: R.I. Gen. Laws Sections 7-1.2-1310, 7-1.2-1311, 7-1.2-1312 (Bus. Corp. Act)

Source site: sos.ri.gov

Statute note: Uses "revocation of articles" (Section 7-1.2-1310/1311) for failure to file annual report, pay taxes/fees, or maintain agent/office. RI Dept of State states revocation is NOT an official dissolution: entity REMAINS liable for taxes and filings until formally dissolved. Withdrawal of revocation (Section 7-1.2-1312) available up to 20 yrs (very long), retroactive to good standing; requires Division of Taxation good-standing letter + per-year penalties.

Citation check: Corrected citation on file; official text verification is pending human review.

CancelledRed

Definition: Cancelled status as recorded by the Rhode Island Secretary of State.

Lending read: This status indicates that the business entity's registration has been cancelled, either voluntarily by the business owners or involuntarily by the state due to non-compliance with regulatory requirements. For lenders, this status suggests a high-risk situation, as the business is no longer legally recognized and may have ceased operations, significantly impacting its ability to repay loans or maintain financial obligations.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Rhode Island::Cancelled. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office records convention: Certificate of Cancellation (RI Dept. of State, Withdraw/Cancel Your Business, sos.ri.gov); LLC cancellations arise under the RI Limited Liability Company Act, R.I. Gen. Laws ch. 7-16, not the Business Corporation Act revocation sections

Source site: www.sos.ri.gov

Citation check: Corrected citation on file; official text verification is pending human review.

DissolvedRed

Definition: Indicates that the business has been legally dissolved, which may occur either voluntarily by resolution of its members or involuntarily by the state due to non-compliance.

Lending read: This status is a red flag for lenders, signaling the end of the business's operations and a high risk for any outstanding loans, as the entity no longer exists legally and may have limited assets for repayment.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Rhode Island::Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: R.I. Gen. Laws Sections 7-1.2-1301 through 7-1.2-1309 (voluntary dissolution; articles of dissolution at Section 7-1.2-1308)

Source site: webserver.rilegislature.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

ExpiredRed

Definition: Expired status as recorded by the Rhode Island Secretary of State.

Lending read: This status is typically used for businesses that have not renewed their registration or other required credentials and thus are no longer legally recognized to operate. For lenders, an expired status represents a significant risk, as it suggests the business may no longer be operating legally, potentially impacting its ability to generate revenue and maintain financial stability necessary for loan repayment.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Rhode Island::Expired. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office records convention (RI Dept. of State Corporate Database, sos.ri.gov); for reserved-name expiration see R.I. Gen. Laws Section 7-1.2-403 (reserved name)

Source site: webserver.rilegislature.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

ForfeitedRed

Definition: Forfeited status as recorded by the Rhode Island Secretary of State.

Lending read: This status often refers to the loss of the business's good standing due to failure to meet legal obligations such as filing annual reports or paying fees, similar to dissolution. Lenders should consider this a high-risk status, as it indicates non-compliance with state requirements and potential financial difficulties, which may significantly impact the business's operational stability and ability to meet loan obligations.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Rhode Island::Forfeited. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office records convention (RI Dept. of State Corporate Database, sos.ri.gov); closest current statutory mechanism is revocation under R.I. Gen. Laws Sections 7-1.2-1310, 7-1.2-1311

Source site: webserver.rilegislature.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Merged into an entity of recordRed

Definition: Merged into an entity of record status as recorded by the Rhode Island Secretary of State.

Lending read: This status is used when a business merges into another entity, and as a result, it ceases to exist as a separate legal entity. For lenders, this status necessitates a reevaluation of any existing loans or credit agreements, as the original borrowing entity no longer exists independently, and obligations may have transferred to the new merged entity, potentially altering the risk profile.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Rhode Island::Merged into an entity of record. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: R.I. Gen. Laws Sections 7-1.2-1001, 7-1.2-1003, 7-1.2-1005 (procedure for merger; articles of merger; effect of merger)

Source site: webserver.rilegislature.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Revoked AuthorityRed

Definition: Revoked Authority status as recorded by the Rhode Island Secretary of State.

Lending read: This status refers to foreign entities whose authority to operate in Rhode Island has been revoked due to non-compliance with state requirements such as failure to file annual reports or pay necessary fees. For lenders, this status indicates a significant risk, as it suggests the business is non-compliant and may face legal and operational challenges in the state, potentially affecting its ability to generate revenue and meet financial obligations.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Rhode Island::Revoked Authority. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: R.I. Gen. Laws Sections 7-1.2-1414, 7-1.2-1415 (revocation of certificate of authority of a foreign corporation); reinstatement via Section 7-1.2-1416

Source site: webserver.rilegislature.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Revoked EntityRed

Definition: Similar to "Revoked Authority," but this applies to domestic entities that have had their business license or registration revoked due to non-compliance.

Lending read: This status represents a high-risk scenario for lenders, as it indicates severe non-compliance issues that have resulted in the loss of legal operating status, potentially impacting the business's ability to function and repay loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Rhode Island::Revoked Entity. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: R.I. Gen. Laws Sections 7-1.2-1310, 7-1.2-1311, 7-1.2-1312 (Bus. Corp. Act)

Source site: sos.ri.gov

Statute note: Uses "revocation of articles" (Section 7-1.2-1310/1311) for failure to file annual report, pay taxes/fees, or maintain agent/office. RI Dept of State states revocation is NOT an official dissolution: entity REMAINS liable for taxes and filings until formally dissolved. Withdrawal of revocation (Section 7-1.2-1312) available up to 20 yrs (very long), retroactive to good standing; requires Division of Taxation good-standing letter + per-year penalties.

Citation check: Verified against the official source text, retrieved 2026-07-03.

WithdrawnRed

Definition: Withdrawn status as recorded by the Rhode Island Secretary of State.

Lending read: This status is assigned when a business formally withdraws its operations from Rhode Island, typically when it ceases to do business in the state or moves to another jurisdiction. Lenders should view this status as a potential risk, as it may indicate a reduction in operations or market presence, which could impact the business's revenue streams and ability to service debt in the state.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Rhode Island::Withdrawn. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: R.I. Gen. Laws Section 7-1.2-1412 (withdrawal of foreign corporation); filing-office form: Certificate of Withdrawal (sos.ri.gov)

Source site: www.sos.ri.gov

Citation check: Corrected citation on file; official text verification is pending human review.

South Carolina6 statuses: 1 green, 0 yellow, 3 review, 2 red
Good StandingGreen

Definition: An entity in good standing is fully compliant with all South Carolina state requirements, such as filing annual reports and paying necessary fees, and is authorized to conduct business.

Lending read: This status generally suggests a lower risk profile for lenders, as it indicates the business is responsibly managing its regulatory obligations and maintaining its legal right to operate, which can be viewed positively in credit assessments.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: South Carolina::Good Standing. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: S.C. Code Ann. S 33-1-280 (certificate of existence)

Source site: www.scstatehouse.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

No agentReview

Definition: This indicates that the entity currently does not have a registered agent on file. A registered agent is necessary for receiving legal service of process and other official communications in the state.

Lending read: For lenders, the absence of a registered agent may signal compliance issues or operational instability, potentially increasing the risk associated with lending to the business and necessitating further investigation into the entity's current status and management practices.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: South Carolina::No agent. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: S.C. Code Sections 33-14-200, 33-14-210, 33-14-220 (Bus. Corp. Act)

Source site: scstatehouse.gov

Statute note: Admin dissolution (Section 33-14-210) after 60-day cure, or on DOR notice of unfiled tax return. Dissolved entity continues to exist but may only wind up; reinstatement (Section 33-14-220) relates back, requires SC DOR tax-compliance certificate. Reinstatement available any time for corps (2-yr limit for LLC/nonprofit).

Citation check: Verified against the official source text, retrieved 2026-07-03.

ReervedReview

Definition: Reerved status as recorded by the South Carolina Secretary of State.

Lending read: This status is used when a name has been reserved for future use by a business entity. This prevents other entities from registering the same name for a specified period, typically for 120 days.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: South Carolina::Reerved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: S.C. Code Ann. S 33-4-102 (reserved name); status string is an SC SOS Business Entities Online data-entry variant of 'Reserved' (https://businessfilings.sc.gov)

Source site: www.scstatehouse.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

ReservedReview

Definition: Reserved status as recorded by the South Carolina Secretary of State.

Lending read: This status is used when a name has been reserved for future use by a business entity. This prevents other entities from registering the same name for a specified period, typically for 120 days. While a reserved status doesn't directly impact lending decisions, it may indicate a business in its early planning stages, requiring lenders to gather more information about the entity's operational status and financial projections before considering any lending arrangements.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: South Carolina::Reserved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: S.C. Code Ann. S 33-4-102 (reserved name)

Source site: www.scstatehouse.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

DissolvedRed

Definition: Dissolved status as recorded by the South Carolina Secretary of State.

Lending read: This status means the entity has been formally dissolved either voluntarily by its members or involuntarily by the state due to non-compliance with required regulations. Once dissolved, the entity ceases to legally exist. Lenders should be extremely cautious when encountering a dissolved status, as it signifies the business is no longer operational, potentially impacting loan repayment ability and raising serious concerns about creditworthiness.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: South Carolina::Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: S.C. Code Sections 33-14-200, 33-14-210, 33-14-220 (Bus. Corp. Act)

Source site: scstatehouse.gov

Statute note: Admin dissolution (Section 33-14-210) after 60-day cure, or on DOR notice of unfiled tax return. Dissolved entity continues to exist but may only wind up; reinstatement (Section 33-14-220) relates back, requires SC DOR tax-compliance certificate. Reinstatement available any time for corps (2-yr limit for LLC/nonprofit).

Citation check: Verified against the official source text, retrieved 2026-07-03.

ForfeitedRed

Definition: Forfeited status as recorded by the South Carolina Secretary of State.

Lending read: This status indicates that the entity has lost its good standing with the state due to failure to comply with statutory requirements such as filing annual reports or paying fees. This can affect the entity's ability to legally operate within the state. For lenders, a forfeited status raises significant red flags about the business's financial management and compliance practices, potentially indicating higher risk and requiring careful consideration before extending credit.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: South Carolina::Forfeited. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: SC SOS Business Entities Online records convention (no statutory 'forfeited' status; nearest analog is administrative dissolution, S.C. Code SS 33-14-200 to 33-14-220); official records: https://businessfilings.sc.gov

Source site: www.scstatehouse.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

South Dakota9 statuses: 2 green, 1 yellow, 1 review, 5 red
ActiveGreen

Definition: The entity is currently in good standing and legally authorized to operate in South Dakota.

Lending read: This status signifies that all required filings and payments are up-to-date. For lenders, this status generally indicates a lower risk profile, as it suggests the business is compliant and operationally stable, potentially enhancing its creditworthiness.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: South Dakota::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: SDCL Sections 47-1A-1420, 47-1A-1421, 47-1A-1422 (Bus. Corp. Act)

Source site: sdlegislature.gov

Statute note: Admin dissolution (Section 47-1A-1421) after 60-day cure on Section 47-1A-1420 grounds. Entity continues to exist but may only wind up. Reinstatement (Section 47-1A-1422) relates back and takes effect as of the dissolution date as if it never occurred.

Citation check: Verified against the official source text, retrieved 2026-07-03.

Good StandingGreen

Definition: The entity has met all statutory requirements, such as filing annual reports and paying fees, and is authorized to conduct business in South Dakota without any penalties or compliance issues.

Lending read: For lenders, this status is generally favorable, suggesting responsible management and compliance, which may correlate with better financial health and loan repayment capacity.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: South Dakota::Good Standing. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: SDCL Sections 47-1A-1420, 47-1A-1421, 47-1A-1422 (Bus. Corp. Act)

Source site: sdlegislature.gov

Statute note: Admin dissolution (Section 47-1A-1421) after 60-day cure on Section 47-1A-1420 grounds. Entity continues to exist but may only wind up. Reinstatement (Section 47-1A-1422) relates back and takes effect as of the dissolution date as if it never occurred.

Citation check: Verified against the official source text, retrieved 2026-07-03.

DelinquentYellow

Definition: The entity has failed to comply with certain statutory requirements, such as filing reports or paying fees, which places it at risk of being dissolved or having its status revoked if not rectified.

Lending read: This status raises red flags for lenders, indicating potential financial difficulties or management issues that could impact the business's ability to repay loans.

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: South Dakota::Delinquent. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: SDCL Sections 47-1A-1420, 47-1A-1421, 47-1A-1422 (Bus. Corp. Act)

Source site: sdlegislature.gov

Statute note: Admin dissolution (Section 47-1A-1421) after 60-day cure on Section 47-1A-1420 grounds. Entity continues to exist but may only wind up. Reinstatement (Section 47-1A-1422) relates back and takes effect as of the dissolution date as if it never occurred.

Citation check: Verified against the official source text, retrieved 2026-07-03.

Inactive (Other)Review

Definition: Inactive (Other) status as recorded by the South Dakota Secretary of State.

Lending read: This status indicates that the entity is no longer active in South Dakota due to reasons other than dissolution or termination, such as a lapse in renewal or temporary suspension. Lenders should approach inactive entities with caution, as this status suggests a pause in operations that could impact the business's ability to generate revenue and repay loans.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: South Dakota::Inactive (Other). Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: SD Secretary of State records convention (catch-all inactive status); verify the specific filing history in the SOS Business Information Search at sosenterprise.sd.gov

Source site: sdlegislature.gov

Citation check: Corrected citation on file; official text verification is pending human review.

CancelledRed

Definition: Cancelled status as recorded by the South Dakota Secretary of State.

Lending read: This status indicates that the business entity's registration has been canceled, either voluntarily by the business or involuntarily by the state, often due to non-compliance with filing requirements or failure to pay fees. Lenders should exercise extreme caution when considering loans to cancelled entities, as this status implies a significant disruption in operations and potential financial instability.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: South Dakota::Cancelled. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: SDCL Section 48-7-203 (cancellation of certificate of limited partnership); otherwise a SD Secretary of State records convention, see the SOS business records search at sosenterprise.sd.gov

Source site: sdlegislature.gov

Citation check: Corrected citation on file; official text verification is pending human review.

DissolvedRed

Definition: The business entity has been formally dissolved, either voluntarily by its owners or involuntarily by the state due to non-compliance. It is no longer legally recognized to operate in South Dakota.

Lending read: Lenders should avoid extending credit to dissolved entities, as they no longer have legal standing and are unlikely to generate revenue or repay debts.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: South Dakota::Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: SDCL Sections 47-1A-1420, 47-1A-1421, 47-1A-1422 (Bus. Corp. Act)

Source site: sdlegislature.gov

Statute note: Admin dissolution (Section 47-1A-1421) after 60-day cure on Section 47-1A-1420 grounds. Entity continues to exist but may only wind up. Reinstatement (Section 47-1A-1422) relates back and takes effect as of the dissolution date as if it never occurred.

Citation check: Verified against the official source text, retrieved 2026-07-03.

Dissolved (Administrative)Red

Definition: The entity has been dissolved by the state due to failure to meet administrative requirements, such as not filing required reports or not maintaining a registered agent.

Lending read: This status indicates severe compliance issues and operational instability, making such entities high-risk prospects for lenders.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: South Dakota::Dissolved (Administrative). Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: SDCL Sections 47-1A-1420, 47-1A-1421, 47-1A-1422 (Bus. Corp. Act)

Source site: sdlegislature.gov

Statute note: Admin dissolution (Section 47-1A-1421) after 60-day cure on Section 47-1A-1420 grounds. Entity continues to exist but may only wind up. Reinstatement (Section 47-1A-1422) relates back and takes effect as of the dissolution date as if it never occurred.

Citation check: Verified against the official source text, retrieved 2026-07-03.

TerminatedRed

Definition: Terminated status as recorded by the South Dakota Secretary of State.

Lending read: This status indicates that the entity's existence has been ended, either by reaching a specified end date set at formation or through a formal process of termination initiated by the entity or mandated by the state. Lenders should avoid extending credit to terminated entities, as they no longer have legal standing to operate or enter into new financial obligations.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: South Dakota::Terminated. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: SDCL Section 47-34A-805 (articles of termination; LLC legal existence terminated after dissolution and winding up)

Source site: sdlegislature.gov

Citation check: Corrected citation on file; official text verification is pending human review.

WithdrawnRed

Definition: Withdrawn status as recorded by the South Dakota Secretary of State.

Lending read: This status is applied to foreign entities that have voluntarily decided to cease operations in South Dakota and have formally withdrawn their registration with the state. For lenders, a withdrawn status indicates that the entity no longer has a legal presence in South Dakota, which could significantly impact its ability to conduct business and repay loans in the state.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: South Dakota::Withdrawn. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: SDCL Section 47-1A-1520 (withdrawal of foreign corporation)

Source site: sdlegislature.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Tennessee10 statuses: 1 green, 0 yellow, 2 review, 7 red
ActiveGreen

Definition: The entity is in good standing and legally authorized to conduct business in Tennessee. It has met all filing requirements and is current with any necessary fees.

Lending read: This status generally indicates a lower risk for lenders, as it suggests the business is compliant with state regulations and likely maintains good financial practices.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Tennessee::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office records convention (TN SOS TNBEAR Business Information Search 'Active' status); good standing evidenced by certificate of existence, Tenn. Code Ann. Section 48-11-402; see https://tnbear.tn.gov/ecommerce/filingsearch.aspx

Source site: sos.tn.gov

Citation check: Corrected citation on file; official text verification is pending human review.

InactiveReview

Definition: Inactive status as recorded by the Tennessee Secretary of State.

Lending read: This status indicates that the entity is no longer active or in good standing. The entity may have failed to meet certain state requirements, such as filing annual reports or paying fees. Lenders should exercise caution when considering loans to inactive entities, as this status may indicate financial difficulties or operational instability.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Tennessee::Inactive. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office records convention (TN SOS TNBEAR umbrella 'Inactive' status; sub-reason governs, e.g., Tenn. Code Ann. Sections 48-24-201 to -203, 48-24-301, 48-25-103); official records page https://tnbear.tn.gov/Common/DissolveInfo.aspx

Source site: tnbear.tn.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Inactive - Name ChangedReview

Definition: The entity's status is inactive due to its name being changed.

Lending read: This status often indicates that the original entity is no longer active under its former name, possibly due to rebranding or restructuring. Lenders should verify the current legal name and status of the business, as well as investigate the reasons behind the name change to assess any potential risks.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Tennessee::Inactive - Name Changed. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office name-record convention (prior name closed after amendment); Tenn. Code Ann. Sections 48-20-101 to -106 (amendment of charter); official records page https://tnbear.tn.gov/ecommerce/filingsearch.aspx

Source site: sos.tn.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Inactive - Dissolved (Administrative)Red

Definition: Inactive - Dissolved (Administrative) status as recorded by the Tennessee Secretary of State.

Lending read: This status indicates that the entity has been administratively dissolved by the state due to failure to comply with state requirements, such as not filing annual reports or not maintaining a registered agent. This status raises significant concerns for lenders, as it suggests serious compliance issues and potential financial instability.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Tennessee::Inactive - Dissolved (Administrative). Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Tenn. Code Sections 48-24-201, 48-24-203, 48-24-301 (Bus. Corp. Act)

Source site: sos.tn.gov

Statute note: Admin dissolution (Section 48-24-201 et seq.) for grounds incl. annual report default, agent lapse, or unpaid taxes; judicial dissolution under Section 48-24-301. Reinstatement (Section 48-24-203) relates back as if dissolution never occurred; requires Dept of Revenue tax clearance. "Inactive - Revoked (Revenue)" is the tax-driven variant.

Citation check: Corrected citation on file; official text verification is pending human review.

Inactive - ExpiredRed

Definition: The entity's status is inactive because it has not renewed its registration or other credentials necessary for legal operation within the required timeframe.

Lending read: This status suggests potential operational issues or neglect of administrative responsibilities, which may indicate broader financial or management problems that could impact creditworthiness.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Tennessee::Inactive - Expired. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office records convention (TN SOS TNBEAR 'Inactive - Expired' status; entity duration/renewal provisions govern, e.g., Tenn. Code Ann. Section 48-12-102 period of duration); official records page https://tnbear.tn.gov/Common/DissolveInfo.aspx

Source site: tnbear.tn.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Inactive - Name CancelledRed

Definition: The entity's status is inactive because its name registration has been cancelled. This could occur if the entity fails to renew its assumed name or if the name was voluntarily cancelled by the entity.

Lending read: Lenders should be cautious, as this status may indicate a lack of attention to administrative details or potential cessation of operations.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Tennessee::Inactive - Name Cancelled. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office name-record convention; Tenn. Code Ann. Section 48-14-101 (corporate name; assumed-name registration and cancellation); official records page https://tnbear.tn.gov/ecommerce/filingsearch.aspx

Source site: sos.tn.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Inactive - Name ExpiredRed

Definition: Inactive - Name Expired status as recorded by the Tennessee Secretary of State.

Lending read: This status means the entity's registered name has expired, likely because the entity did not renew the name registration within the required timeframe. While this may be an administrative oversight, lenders should investigate further to ensure the business is still operational and financially stable.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Tennessee::Inactive - Name Expired. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Filing-office name-record convention; Tenn. Code Ann. Sections 48-14-102 (reserved name) and 48-14-103 (registered name renewal/expiration); official records page https://tnbear.tn.gov/ecommerce/filingsearch.aspx

Source site: sos.tn.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Inactive - Revoked (Revenue)Red

Definition: The entity's status has been revoked due to issues related to the Department of Revenue, such as failing to pay taxes or other financial obligations.

Lending read: This status is a red flag for lenders, indicating significant financial problems and potential legal issues that could affect the business's ability to repay loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Tennessee::Inactive - Revoked (Revenue). Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Tenn. Code Sections 48-24-201, 48-24-203, 48-24-301 (Bus. Corp. Act)

Source site: sos.tn.gov

Statute note: Admin dissolution (Section 48-24-201 et seq.) for grounds incl. annual report default, agent lapse, or unpaid taxes; judicial dissolution under Section 48-24-301. Reinstatement (Section 48-24-203) relates back as if dissolution never occurred; requires Dept of Revenue tax clearance. "Inactive - Revoked (Revenue)" is the tax-driven variant.

Citation check: Corrected citation on file; official text verification is pending human review.

Inactive - TerminatedRed

Definition: Inactive - Terminated status as recorded by the Tennessee Secretary of State.

Lending read: This status indicates that the entity has been terminated and is no longer authorized to conduct business in Tennessee. Termination can be voluntary or due to failure to comply with legal obligations. Lenders should avoid extending credit to terminated entities, as they no longer have legal standing to operate in the state.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Tennessee::Inactive - Terminated. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Tenn. Code Ann. tit. 48, ch. 24, pt. 1 (voluntary dissolution; articles of dissolution and articles of termination of corporate existence); TN SOS dissolution guidance https://tnbear.tn.gov/Common/DissolveInfo.aspx

Source site: tnbear.tn.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Inactive - WithdrawnRed

Definition: Inactive - Withdrawn status as recorded by the Tennessee Secretary of State.

Lending read: This status applies to foreign entities that have voluntarily withdrawn their registration from Tennessee and are no longer authorized to conduct business in the state. Lenders should be aware that these entities may still be active in other states but have chosen to cease operations in Tennessee, which could affect their overall financial stability and ability to repay loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Tennessee::Inactive - Withdrawn. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Tenn. Code Ann. Section 48-25-103 (withdrawal of foreign corporation); TN SOS dissolution and withdrawal guidance https://tnbear.tn.gov/Common/DissolveInfo.aspx

Source site: tnbear.tn.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Texas11 statuses: 0 green, 2 yellow, 3 review, 6 red
Registration in SuspenseYellow

Definition: Registration in Suspense status as recorded by the Texas Secretary of State.

Lending read: This status indicates that the entity's registration is temporarily suspended, often pending resolution of compliance issues such as missing filings or unpaid fees. For lenders, this status raises concerns about the entity's current operational status and financial stability, suggesting a need for careful investigation into the reasons for suspension and the likelihood of resolution before considering any lending decisions.

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: Texas::Registration in Suspense. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Tex. Tax Code Sections 171.251, 171.309, 171.312; Tex. Bus. Orgs. Code Sections 11.251, 11.001(4)

Source site: statutes.capitol.texas.gov

Statute note: Two stages: Comptroller forfeits corporate privileges (Section 171.251) for unpaid franchise tax - entity loses right to sue, officer personal liability, but still in existence (curable). If not revived in 120 days, SOS forfeits charter (Section 171.309) "forfeited existence" / terminated entity. Reinstatement relates back if within 3 yrs (Section 11.253).

Citation check: Verified against the official source text, retrieved 2026-07-02.

SuspenseYellow

Definition: Suspense status as recorded by the Texas Secretary of State.

Lending read: This status signifies that the entity's operations are temporarily suspended. It may be due to administrative reasons or ongoing investigations, which prevent the entity from conducting normal business activities. Lenders should view this status as a significant risk factor, indicating potential legal or financial issues that could severely impact the entity's ability to generate revenue and meet loan obligations.

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: Texas::Suspense. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Tex. Tax Code Sections 171.251, 171.309, 171.312; Tex. Bus. Orgs. Code Sections 11.251, 11.001(4)

Source site: statutes.capitol.texas.gov

Statute note: Two stages: Comptroller forfeits corporate privileges (Section 171.251) for unpaid franchise tax - entity loses right to sue, officer personal liability, but still in existence (curable). If not revived in 120 days, SOS forfeits charter (Section 171.309) "forfeited existence" / terminated entity. Reinstatement relates back if within 3 yrs (Section 11.253).

Citation check: Verified against the official source text, retrieved 2026-07-02.

ExemptionReview

Definition: Exemption status as recorded by the Texas Secretary of State.

Lending read: This status indicates that the entity has been granted an exemption from certain filing or regulatory requirements under specific conditions outlined by Texas law. Lenders should be aware that while exempted entities may have reduced regulatory burdens, this status could potentially impact the availability of public records or standard financial documentation, necessitating additional due diligence in the lending process.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Texas::Exemption. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Tex. Tax Code Sections 171.051-171.088 (Subchapter B, Exemptions), e.g. Section 171.063

Source site: statutes.capitol.texas.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

RegistrationReview

Definition: Registration status as recorded by the Texas Secretary of State.

Lending read: This status indicates that the entity is properly registered with the state of Texas and has filed all necessary paperwork to legally operate within the state. For lenders, this status generally suggests a baseline level of compliance and operational legitimacy, which can be viewed favorably in initial risk assessments, though further financial due diligence would still be necessary.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Texas::Registration. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Tex. Bus. Orgs. Code Section 9.001

Source site: statutes.capitol.texas.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

Registration ExemptionReview

Definition: Registration Exemption status as recorded by the Texas Secretary of State.

Lending read: This status indicates that the entity is exempt from registering with the state, usually under specific statutory conditions that apply to certain types of organizations or activities. Lenders should note that while this status may be legitimate, it could potentially limit the availability of standard public records, requiring additional verification of the entity's legal status and financial health during the lending process.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Texas::Registration Exemption. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Tex. Bus. Orgs. Code Sections 9.001, 9.251

Source site: statutes.capitol.texas.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

Involuntarily TerminationRed

Definition: Involuntarily Termination status as recorded by the Texas Secretary of State.

Lending read: This status means the entity's existence has been terminated by the state without the entity's consent, typically due to failure to comply with legal requirements such as filing annual reports or paying necessary fees. For lenders, this status is a significant red flag, indicating severe non-compliance issues and likely operational instability, which would substantially increase lending risk and potentially render the entity ineligible for most financing options.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Texas::Involuntarily Termination. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Tex. Tax Code Sections 171.251, 171.309, 171.312; Tex. Bus. Orgs. Code Sections 11.251, 11.001(4)

Source site: statutes.capitol.texas.gov

Statute note: Two stages: Comptroller forfeits corporate privileges (Section 171.251) for unpaid franchise tax - entity loses right to sue, officer personal liability, but still in existence (curable). If not revived in 120 days, SOS forfeits charter (Section 171.309) "forfeited existence" / terminated entity. Reinstatement relates back if within 3 yrs (Section 11.253).

Citation check: Verified against the official source text, retrieved 2026-07-02.

Involuntary Termination of RegistrationRed

Definition: Similar to involuntary termination, this status indicates that a foreign entity's registration to conduct business in Texas has been terminated by the state due to non-compliance with state requirements.

Lending read: Lenders should view this status as a major concern, as it suggests the entity is no longer legally authorized to operate in Texas, potentially impacting its ability to generate revenue and repay loans in the state.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Texas::Involuntary Termination of Registration. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Tex. Tax Code Sections 171.251, 171.309, 171.312; Tex. Bus. Orgs. Code Sections 11.251, 11.001(4)

Source site: statutes.capitol.texas.gov

Statute note: Two stages: Comptroller forfeits corporate privileges (Section 171.251) for unpaid franchise tax - entity loses right to sue, officer personal liability, but still in existence (curable). If not revived in 120 days, SOS forfeits charter (Section 171.309) "forfeited existence" / terminated entity. Reinstatement relates back if within 3 yrs (Section 11.253).

Citation check: Verified against the official source text, retrieved 2026-07-02.

Voluntary TerminationRed

Definition: Voluntary Termination status as recorded by the Texas Secretary of State.

Lending read: This status means the entity has voluntarily chosen to terminate its existence. The decision is typically made by the entity's owners or board of directors and involves filing the necessary termination documents with the state. For lenders, this status effectively eliminates lending opportunities, as the entity is in the process of ceasing operations and winding down its affairs.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Texas::Voluntary Termination. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Tex. Bus. Orgs. Code Sections 11.051(2), 11.101; Section 11.001(4)

Source site: statutes.capitol.texas.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

Voluntary Termination ExemptionRed

Definition: Voluntary Termination Exemption status as recorded by the Texas Secretary of State.

Lending read: This status indicates that an entity is exempt from certain requirements related to voluntary termination, possibly under specific conditions or laws applicable to its business type. Lenders should approach entities with this status cautiously, as it suggests the business is in the process of termination, albeit under special circumstances, which could significantly impact its ability to repay loans or maintain operations.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Texas::Voluntary Termination Exemption. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Tex. Bus. Orgs. Code Sections 11.051(2), 11.101

Source site: statutes.capitol.texas.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

Voluntary Termination of RegistrationRed

Definition: Voluntary Termination of Registration status as recorded by the Texas Secretary of State.

Lending read: This status applies to foreign entities that have voluntarily chosen to terminate their registration to do business in Texas and have filed the necessary documents to cease operations in the state. Lenders should consider this status as a clear indication that the entity is no longer authorized to conduct business in Texas, significantly increasing lending risk and potentially eliminating lending opportunities within the state.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Texas::Voluntary Termination of Registration. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Tex. Bus. Orgs. Code Section 9.011

Source site: statutes.capitol.texas.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

Voluntary Termination of Registration ExemptionRed

Definition: Voluntary Termination of Registration Exemption status as recorded by the Texas Secretary of State.

Lending read: This status means that the entity is exempt from specific requirements related to the voluntary termination of its registration, under conditions defined by Texas law. For lenders, this status suggests that the entity is in the process of ceasing operations in Texas under special circumstances, which could significantly impact its ability to generate revenue or repay loans within the state, necessitating careful evaluation of any lending decisions.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Texas::Voluntary Termination of Registration Exemption. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Tex. Bus. Orgs. Code Section 9.011

Source site: statutes.capitol.texas.gov

Citation check: Verified against the official source text, retrieved 2026-07-02.

Utah3 statuses: 1 green, 1 yellow, 0 review, 1 red
ActiveGreen

Definition: Active status as recorded by the Utah Secretary of State.

Lending read: This status indicates that the business entity is in good standing with the state of Utah. It has met all necessary legal requirements, including filing annual reports and maintaining a registered agent, and is authorized to conduct business within the state.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Utah::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Utah Code Sections 16-10a-1421, 16-10a-1422 (Revised Bus. Corp. Act)

Source site: le.utah.gov

Statute note: Admin dissolution (Section 16-10a-1421). Reinstatement (Section 16-10a-1422) any time, relates back; interim corporate acts effective and enforceable as if dissolution never occurred. Requires State Tax Commission good-standing certification (or current payment plan). Corp retains its name for 5 yrs after dissolution.

Citation check: Corrected citation on file; official text verification is pending human review.

DelinquentYellow

Definition: A "Delinquent" status indicates that the business entity has failed to comply with certain state requirements, such as filing necessary documents or paying required fees. Entities in this status may face penalties and are at risk of having their status changed to inactive or dissolved if the delinquency is not corrected.

Lending read:

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: Utah::Delinquent. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Utah Code Sections 16-10a-1421, 16-10a-1422 (Revised Bus. Corp. Act)

Source site: le.utah.gov

Statute note: Admin dissolution (Section 16-10a-1421). Reinstatement (Section 16-10a-1422) any time, relates back; interim corporate acts effective and enforceable as if dissolution never occurred. Requires State Tax Commission good-standing certification (or current payment plan). Corp retains its name for 5 yrs after dissolution.

Citation check: Corrected citation on file; official text verification is pending human review.

ExpiredRed

Definition: The status of "Expired" means that the business entity's registration has not been renewed by the required deadline, resulting in the loss of its good standing. The entity is no longer authorized to conduct business in Utah until it renews its registration and meets all state requirements.

Lending read:

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Utah::Expired. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Utah Code Sections 16-10a-1421, 16-10a-1422 (Revised Bus. Corp. Act)

Source site: le.utah.gov

Statute note: Admin dissolution (Section 16-10a-1421). Reinstatement (Section 16-10a-1422) any time, relates back; interim corporate acts effective and enforceable as if dissolution never occurred. Requires State Tax Commission good-standing certification (or current payment plan). Corp retains its name for 5 yrs after dissolution.

Citation check: Corrected citation on file; official text verification is pending human review.

Vermont8 statuses: 1 green, 0 yellow, 1 review, 6 red
ActiveGreen

Definition: Active status as recorded by the Vermont Secretary of State.

Lending read: This status indicates that the business entity is currently in good standing and has met all necessary legal requirements, including filing reports and paying fees. It is authorized to conduct business in Vermont. For lenders, an active status generally suggests a lower-risk borrower with ongoing operations and compliance with state regulations, though further financial due diligence is still necessary for a comprehensive risk assessment.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Vermont::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: No governing statute for the status label; Vermont SOS Business Search records convention (bizfilings.vermont.gov); cf. 11A V.S.A. Section 16.22 (annual report) and Section 14.20(a)-(b) (reinstatement)

Source site: legislature.vermont.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

InactiveReview

Definition: An inactive status indicates that the business entity is not currently in good standing and is not active. This could be due to various reasons, such as failure to meet state compliance requirements, but it has not been formally dissolved or terminated.

Lending read: Lenders should view inactive businesses as high-risk borrowers, as their non-compliance may indicate financial difficulties or operational instability, potentially affecting their ability to repay loans.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Vermont::Inactive. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: No governing 11A V.S.A. section; Vermont SOS Business Search records convention (bizfilings.vermont.gov)

Source site: legislature.vermont.gov

Citation check: Corrected citation on file; official text verification is pending human review.

CancelledRed

Definition: Cancelled status as recorded by the Vermont Secretary of State.

Lending read: This status means the entity's registration has been officially canceled, often due to non-compliance with regulatory requirements or at the entity's request. It indicates that the entity is no longer legally recognized by the state. Lenders should approach cancelled entities with extreme caution, as their lack of legal recognition likely indicates ceased operations and potential financial instability, significantly increasing the risk of loan default.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Vermont::Cancelled. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: No governing 11A V.S.A. section; Vermont SOS Business Search records convention (bizfilings.vermont.gov)

Source site: legislature.vermont.gov

Citation check: Corrected citation on file; official text verification is pending human review.

CessatedRed

Definition: This is a less common status and typically indicates that the entity has ceased operations, often through a specific legal or administrative process. It is similar to dissolution or termination but may imply a suspension rather than a permanent end of operations.

Lending read: For lenders, a cessated status suggests a high-risk borrower with uncertain future prospects, requiring thorough investigation into the specific circumstances and potential for resuming operations before considering any lending.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Vermont::Cessated. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: No governing 11A V.S.A. section; Vermont SOS Business Search records convention (bizfilings.vermont.gov)

Source site: legislature.vermont.gov

Citation check: Corrected citation on file; official text verification is pending human review.

DissolvedRed

Definition: Dissolved status as recorded by the Vermont Secretary of State.

Lending read: This status means the business entity has been formally dissolved, either voluntarily by the entity's owners or involuntarily by the state due to non-compliance with legal obligations. A dissolved entity is no longer authorized to conduct business. Lenders should be extremely cautious when considering loans to dissolved entities, as they have ceased operations and likely have limited assets or income streams, posing a high risk for default.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Vermont::Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 11A V.S.A. Section 14.05 (effect of dissolution); see also Sections 14.01-14.03 (voluntary dissolution)

Source site: legislature.vermont.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

ExpiredRed

Definition: Expired status as recorded by the Vermont Secretary of State.

Lending read: This status signifies that the business entity's registration or authority to operate in Vermont has lapsed due to failure to renew necessary filings or credentials within the required timeframe. The entity is not authorized to conduct business until it renews its registration. For lenders, an expired status raises concerns about the business's operational stability and compliance practices, potentially indicating financial difficulties that could impact loan repayment ability.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Vermont::Expired. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: No governing 11A V.S.A. section; Vermont SOS Business Search records convention (bizfilings.vermont.gov)

Source site: legislature.vermont.gov

Citation check: Corrected citation on file; official text verification is pending human review.

TerminatedRed

Definition: Terminated status as recorded by the Vermont Secretary of State.

Lending read: This status indicates that the business entity's existence has been officially ended. Termination can be voluntary, initiated by the entity, or involuntary, mandated by the state due to non-compliance with legal requirements. Lenders should treat terminated entities as extremely high-risk, as they have ceased to exist legally and likely have no ongoing operations or assets to support loan repayment.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Vermont::Terminated. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 11A V.S.A. Section 14.20 (involuntary termination; reinstatement and relation-back in subsecs. (a)-(b))

Source site: legislature.vermont.gov

Citation check: Verified against the official source text, retrieved 2026-07-03.

WithdrawnRed

Definition: Withdrawn status as recorded by the Vermont Secretary of State.

Lending read: This status applies to foreign entities that have voluntarily decided to cease doing business in Vermont and have officially withdrawn their registration with the state. For lenders, this status indicates that the business is no longer operating in Vermont, which may significantly impact its creditworthiness and ability to repay loans, requiring careful consideration in lending decisions and risk assessment.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Vermont::Withdrawn. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: 11A V.S.A. Section 15.20 (withdrawal of foreign corporation)

Source site: legislature.vermont.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Virginia3 statuses: 1 green, 0 yellow, 2 review, 0 red
ActiveGreen

Definition: Active status as recorded by the Virginia Secretary of State.

Lending read: This status indicates that the business entity is in good standing with the Virginia State Corporation Commission (SCC). It means the entity has met all required legal obligations, including filing annual reports and paying fees, and is authorized to conduct business in Virginia. For lenders, an active status generally suggests a lower risk profile, as it demonstrates the business's compliance with regulatory requirements and indicates ongoing operational stability, which can positively impact creditworthiness assessments.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Virginia::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Va. Code Sections 13.1-752, 13.1-754 (Stock Corp Act); 13.1-1050 (LLC)

Source site: law.lis.virginia.gov

Statute note: Automatic termination of corporate existence (Section 13.1-752) for failure to file annual report or pay annual registration fee by the last day of the 4th month after due. Reinstatement (Section 13.1-754) within 5 yrs restores as if termination never occurred.

Citation check: Verified against the official source text, retrieved 2026-07-03.

InactiveReview

Definition: An inactive status indicates that the business entity is not currently in good standing with the SCC.

Lending read: This status may result from failure to file required documents, pay necessary fees, or maintain a registered agent. An inactive entity is not authorized to conduct business in Virginia until it resolves the issues leading to this status. For lenders, an inactive status represents a significant red flag, suggesting potential financial distress, operational challenges, or non-compliance with regulatory requirements, which could substantially increase the risk associated with lending to such entities and negatively impact their creditworthiness.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Virginia::Inactive. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Va. Code Sections 13.1-752, 13.1-754 (Stock Corp Act); 13.1-1050 (LLC)

Source site: law.lis.virginia.gov

Statute note: Automatic termination of corporate existence (Section 13.1-752) for failure to file annual report or pay annual registration fee by the last day of the 4th month after due. Reinstatement (Section 13.1-754) within 5 yrs restores as if termination never occurred.

Citation check: Verified against the official source text, retrieved 2026-07-03.

Pending InactiveReview

Definition: Pending Inactive status as recorded by the Virginia Secretary of State.

Lending read: This status typically means that the business entity is in the process of becoming inactive. This could be due to an upcoming deadline for filing documents or paying fees that, if not met, will result in the entity being moved to inactive status. Lenders should approach businesses with this status cautiously, as it may indicate potential financial or operational issues that could affect the entity's ability to repay loans, and further investigation into the reasons for the pending inactive status is advisable for accurate risk assessment.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Virginia::Pending Inactive. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Va. Code Sections 13.1-752, 13.1-754 (Stock Corp Act); 13.1-1050 (LLC)

Source site: law.lis.virginia.gov

Statute note: Automatic termination of corporate existence (Section 13.1-752) for failure to file annual report or pay annual registration fee by the last day of the 4th month after due. Reinstatement (Section 13.1-754) within 5 yrs restores as if termination never occurred.

Citation check: Verified against the official source text, retrieved 2026-07-03.

Washington7 statuses: 1 green, 1 yellow, 1 review, 4 red
ACTIVEGreen

Definition: ACTIVE status as recorded by the Washington Secretary of State.

Lending read: This status indicates that the business entity is currently in good standing with the Washington Secretary of State. It means the entity has met all filing and fee requirements and is authorized to conduct business in Washington. For lenders, this status suggests a lower risk profile, as it demonstrates the business's compliance with state regulations and its ability to maintain good standing, which can be indicative of overall operational stability and financial responsibility.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Washington::ACTIVE. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: RCW 23.95.235 (certificate of existence or registration); ACTIVE is a WA SOS Corporations & Charities Filing System records convention (ccfs.sos.wa.gov)

Source site: app.leg.wa.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

DELINQUENTYellow

Definition: The entity has failed to comply with certain state requirements, such as filing reports or paying fees, which has caused it to be marked as delinquent. Delinquent entities are at risk of being administratively dissolved if the issues are not resolved.

Lending read: Lenders should approach businesses with this status cautiously, as it may indicate financial difficulties or management issues that could affect the business's creditworthiness and ability to meet loan obligations.

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: Washington::DELINQUENT. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: RCW 23.95.605 (grounds for administrative dissolution); RCW 23.95.610(1)-(2) (notice and 60-day cure)

Source site: app.leg.wa.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

INACTIVEReview

Definition: INACTIVE status as recorded by the Washington Secretary of State.

Lending read: This status indicates that the business entity is not currently active and is not in good standing with the state. This can occur due to failure to meet certain requirements, such as not filing necessary documents or not paying required fees. For lenders, an inactive status raises red flags about the business's operational status and compliance, suggesting higher risk and potential difficulties in loan repayment, thus requiring thorough investigation before considering any lending decisions.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Washington::INACTIVE. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: WA SOS CCFS records convention (umbrella inactive status; see business search at ccfs.sos.wa.gov); underlying causes governed by RCW 23.95.610, 23B.14.050, 23.95.530, or 23.95.550 depending on the record

Source site: ccfs.sos.wa.gov

Citation check: Corrected citation on file; official text verification is pending human review.

ADMINISTRATIVELY DISSOLVEDRed

Definition: ADMINISTRATIVELY DISSOLVED status as recorded by the Washington Secretary of State.

Lending read: This status means the entity has been dissolved by the state due to failure to comply with legal requirements, such as not filing annual reports or not maintaining a registered agent. An administratively dissolved entity is not allowed to conduct business in Washington unless it is reinstated. Lenders should exercise extreme caution when considering loans to businesses with this status, as it indicates significant non-compliance issues and potential operational instability, which could greatly impact the business's ability to repay loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Washington::ADMINISTRATIVELY DISSOLVED. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: RCW 23.95.610, 23.95.615 (admin dissolution/reinstatement); RCW 23B.14.050, 23B.14.340

Source site: app.leg.wa.gov

Statute note: Admin dissolution by SOS under UBOC Art. 6 (RCW 23.95.610). Dissolved corporation continues to exist only to wind up (RCW 23B.14.050); reinstatement (RCW 23.95.615) relates back. Voluntary dissolution revocable within 120 days.

Citation check: Verified against the official source text, retrieved 2026-07-03.

TERMINATEDRed

Definition: TERMINATED status as recorded by the Washington Secretary of State.

Lending read: This status means the entity's legal existence has been ended, either by voluntary decision of the entity's owners or by the state due to failure to comply with requirements. A terminated entity is no longer authorized to conduct business. For lenders, a terminated status essentially means the business no longer exists legally, making it an extremely high-risk or impossible lending prospect, and any outstanding loans to such entities may need to be reassessed for potential losses.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Washington::TERMINATED. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: RCW 23.95.550 (termination of registration of registered foreign entity)

Source site: app.leg.wa.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

VOLUNTARILY DISSOLVEDRed

Definition: The entity has chosen to dissolve itself voluntarily through a formal process. This means the entity has filed the necessary paperwork to end its existence and has ceased operations in Washington.

Lending read: Lenders should be aware that voluntarily dissolved businesses have intentionally ceased operations, making them unsuitable for new loans and potentially impacting the repayment of any existing loans, which may need to be addressed through the dissolution process.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Washington::VOLUNTARILY DISSOLVED. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: RCW 23.95.610, 23.95.615 (admin dissolution/reinstatement); RCW 23B.14.050, 23B.14.340

Source site: app.leg.wa.gov

Statute note: Admin dissolution by SOS under UBOC Art. 6 (RCW 23.95.610). Dissolved corporation continues to exist only to wind up (RCW 23B.14.050); reinstatement (RCW 23.95.615) relates back. Voluntary dissolution revocable within 120 days.

Citation check: Verified against the official source text, retrieved 2026-07-03.

WITHDRAWNRed

Definition: WITHDRAWN status as recorded by the Washington Secretary of State.

Lending read: This status applies to foreign entities that have chosen to cease their business activities in Washington and have officially withdrawn their registration with the state. For lenders, a withdrawn status indicates that the business has formally ended its operations in Washington, which could significantly impact its ability to generate revenue in the state and potentially affect its overall financial stability, requiring careful consideration in lending decisions and risk assessments.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Washington::WITHDRAWN. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: RCW 23.95.530 (withdrawal of registration of registered foreign entity)

Source site: app.leg.wa.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

West Virginia2 statuses: 1 green, 0 yellow, 1 review, 0 red
ActiveGreen

Definition: Active status as recorded by the West Virginia Secretary of State.

Lending read: This status indicates that the business entity is currently in good standing with the West Virginia Secretary of State. The entity has met all legal requirements, such as filing necessary documents and paying required fees, and is authorized to conduct business within the state. For lenders, an Active status generally suggests a lower risk profile, as it demonstrates the business's compliance with state regulations and ongoing operational stability, which can positively impact creditworthiness assessments.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: West Virginia::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: West Virginia Secretary of State Business Organization Search records convention (apps.sos.wv.gov/business/corporations/); no statute defines the 'Active' status label

Source site: apps.sos.wv.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Not ActiveReview

Definition: Not Active status as recorded by the West Virginia Secretary of State.

Lending read: This status means that the business entity is not currently in good standing or authorized to conduct business in West Virginia. This could be due to various reasons, such as failure to file required reports, non-payment of fees, or other compliance issues. An entity marked as "Not Active" may need to take specific actions to restore its good standing status. Lenders should approach Not Active businesses with caution, as this status may indicate financial difficulties, operational issues, or non-compliance, potentially increasing the risk associated with lending and raising concerns about the business's current stability and creditworthiness.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: West Virginia::Not Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: W.Va. Code Sections 31D-14-1420, 31D-14-1421, 31D-14-1422 (Bus. Corp. Act)

Source site: code.wvlegislature.gov

Statute note: Admin dissolution (Section 31D-14-1421) after 60-day cure on Section 31D-14-1420 grounds (incl. unpaid fees/taxes and default with the Bureau of Employment Programs). Entity continues to exist but may only wind up. Reinstatement (Section 31D-14-1422) within 2 yrs, relates back as if dissolution never occurred.

Citation check: Corrected citation on file; official text verification is pending human review.

Wisconsin12 statuses: 1 green, 1 yellow, 3 review, 7 red
Restored to Good StandingGreen

Definition: Restored to Good Standing status as recorded by the Wisconsin Secretary of State.

Lending read: This status means that a business entity that was previously not in good standing has met all necessary legal requirements, such as filing overdue reports or paying fees, and is now authorized to conduct business in Wisconsin again. While this status indicates a positive change, lenders should carefully review the entity's history and reasons for previous non-compliance to assess potential risks and the likelihood of maintaining good standing.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Wisconsin::Restored to Good Standing. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Wis. Stat. Section 180.1422 (Bus. Corp. reinstatement); Section 183.0709 (LLC reinstatement)

Source site: docs.legis.wisconsin.gov

Citation check: Corrected citation on file; official text verification is pending human review.

DelinquentYellow

Definition: The entity is overdue in filing required documents or paying fees and is not in good standing with the state. If the delinquency is not addressed, it may lead to administrative dissolution or other penalties.

Lending read: This status suggests potential financial or operational issues, and lenders should carefully assess the reasons for delinquency and the entity's plan to rectify the situation before considering any lending decisions.

Recommended action: Fundable with conditions. Confirm the compliance gap is curable and time-box reinstatement before funding.

Verify next: Nature and curability of the lapse; date entered status; whether a reinstatement filing is pending; tax/lien exposure.

Dataset key: Wisconsin::Delinquent. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Wis. Stat. Section 180.1420 (Bus. Corp. grounds); Section 183.0708(1) (LLC grounds); DFI records convention for delinquent standing (dfi.wi.gov)

Source site: docs.legis.wisconsin.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Incorporated/Qualified/RegisteredReview

Definition: Incorporated/Qualified/Registered status as recorded by the Wisconsin Secretary of State.

Lending read: This status means that the entity has been officially formed and recognized by the state as a legal business entity. This includes domestic entities that have been incorporated within Wisconsin and foreign entities that have been qualified or registered to do business in the state. While this status indicates legal recognition, lenders should still conduct thorough due diligence on the entity's financial health and operational history.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Wisconsin::Incorporated/Qualified/Registered. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Wis. Stat. Section 180.0203 (incorporation); Sections 180.1501-180.1502 (foreign corporation certificate of authority); Section 183.0201 (LLC articles of organization)

Source site: docs.legis.wisconsin.gov

Citation check: Corrected citation on file; official text verification is pending human review.

OrganizedReview

Definition: Organized status as recorded by the Wisconsin Secretary of State.

Lending read: This status indicates that a business entity has been legally formed and is recognized as a distinct legal entity. It typically applies to newly established entities. While this status confirms legal recognition, lenders should note that newly organized entities may lack substantial operational history or credit record, necessitating careful risk assessment.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Wisconsin::Organized. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Wis. Stat. Section 183.0201 (LLC formation; articles of organization); Section 180.0203 (incorporation)

Source site: docs.legis.wisconsin.gov

Citation check: Corrected citation on file; official text verification is pending human review.

RegisteredReview

Definition: The entity has been officially registered with the state and is recognized as a legal entity allowed to conduct business in Wisconsin.

Lending read: This status is often used for foreign entities operating within the state. Lenders should verify the entity's standing in its home state and assess its operational history and financial stability both in Wisconsin and its primary jurisdiction.

Recommended action: Route to manual review; status is ambiguous/transitional and not machine-routable.

Verify next: Resolve the raw status string at this SOS; confirm current operating status directly with the state record.

Dataset key: Wisconsin::Registered. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Wis. Stat. Sections 180.1501-180.1502 (foreign corporation certificate of authority); Section 180.0203 (incorporation); Section 183.0201 (LLC formation)

Source site: docs.legis.wisconsin.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Administratively DissolvedRed

Definition: Administratively Dissolved status as recorded by the Wisconsin Secretary of State.

Lending read: This status indicates that the entity has been dissolved by the state due to failure to comply with certain legal requirements, such as filing annual reports or maintaining a registered agent. An administratively dissolved entity is no longer allowed to conduct business in Wisconsin until it is reinstated. Lenders should exercise extreme caution when considering loans to such entities, as their inability to maintain compliance suggests significant operational issues and potential financial instability.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Wisconsin::Administratively Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Wis. Stat. Sections 180.1420, 180.1421, 180.1422 (Bus. Corp.); 183.0708, 183.0709 (LLC)

Source site: docs.legis.wisconsin.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Certificate of CancellationRed

Definition: Certificate of Cancellation status as recorded by the Wisconsin Secretary of State.

Lending read: This status indicates that the entity's registration or certificate to do business in Wisconsin has been officially cancelled, usually at the request of the entity or due to non-compliance with state laws. Lenders should be extremely cautious about extending credit to entities with cancelled certificates, as they lack legal authority to operate in Wisconsin, potentially impacting their ability to generate revenue and repay loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Wisconsin::Certificate of Cancellation. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Former Wis. Stat. Section 179.13 (2019-20) (cancellation of certificate of limited partnership; repealed by 2021 Wis. Act 258); current analogue Wis. Stat. Section 179.0802(2)(b)7. (statement of termination); DFI filing-office records convention (dfi.wi.gov)

Source site: docs.legis.wisconsin.gov

Citation check: Corrected citation on file; official text verification is pending human review.

DissolvedRed

Definition: The business entity has been formally dissolved and is no longer in existence. Dissolution can occur voluntarily, initiated by the entity's owners, or involuntarily, mandated by the state due to non-compliance with regulations.

Lending read: Lenders should avoid extending credit to dissolved entities as they no longer legally exist and have no capacity to repay loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Wisconsin::Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Wis. Stat. Sections 180.1401-180.1405 (voluntary dissolution and effect), 180.1420-180.1422 (administrative) (Bus. Corp.); 183.0701, 183.0702, 183.0708, 183.0709 (LLC)

Source site: docs.legis.wisconsin.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Involuntarily DissolvedRed

Definition: Similar to "Administratively Dissolved," this status indicates that the state has dissolved the entity against its will due to failure to meet statutory obligations, such as filing necessary documents or paying required fees.

Lending read: This status suggests serious compliance issues and potential financial difficulties, making such entities high-risk for lenders.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Wisconsin::Involuntarily Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Wis. Stat. Sections 180.1420, 180.1421, 180.1422, 180.1430 (Bus. Corp.); 183.0708, 183.0709 (LLC)

Source site: docs.legis.wisconsin.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Merged, acquiredRed

Definition: Merged, acquired status as recorded by the Wisconsin Secretary of State.

Lending read: This status applies when an entity has merged with or been acquired by another entity. The original entity ceases to exist as an independent entity and becomes part of the surviving entity. Lenders should reassess the creditworthiness of the surviving entity, considering the impact of the merger or acquisition on its financial stability and operational capacity.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Wisconsin::Merged, acquired. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Wis. Stat. Section 180.1106 (effect of merger) (Bus. Corp.); ch. 183 LLC merger provisions

Source site: docs.legis.wisconsin.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Revocation/Termination of Certificate/RegistrationRed

Definition: Revocation/Termination of Certificate/Registration status as recorded by the Wisconsin Secretary of State.

Lending read: This status indicates that the entity's authority to operate in Wisconsin has been revoked or terminated, usually due to non-compliance with legal requirements or failure to maintain good standing. Lenders should be extremely cautious with such entities, as they lack legal authority to operate and may face significant challenges in conducting business or repaying loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Wisconsin::Revocation/Termination of Certificate/Registration. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Wis. Stat. Sections 180.1530-180.1532 (revocation of foreign corporation's certificate of authority); ch. 183 foreign LLC registration termination provisions

Source site: docs.legis.wisconsin.gov

Citation check: Corrected citation on file; official text verification is pending human review.

WithdrawalRed

Definition: Withdrawal status as recorded by the Wisconsin Secretary of State.

Lending read: This status is used for foreign entities that have chosen to cease doing business in Wisconsin and have officially withdrawn their registration with the state. Lenders should be cautious about extending credit to withdrawn entities, as they no longer have legal authority to operate in Wisconsin, potentially impacting their ability to generate revenue and repay loans.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Wisconsin::Withdrawal. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Wis. Stat. Section 180.1520 (withdrawal of foreign corporation); ch. 183 foreign LLC withdrawal-of-registration provisions

Source site: docs.legis.wisconsin.gov

Citation check: Corrected citation on file; official text verification is pending human review.

Wyoming6 statuses: 1 green, 0 yellow, 0 review, 5 red
ActiveGreen

Definition: Active status as recorded by the Wyoming Secretary of State.

Lending read: This status indicates that the business entity is in good standing and is authorized to conduct business in Wyoming. The entity has met all filing requirements, including paying any necessary fees and maintaining a registered agent. For lenders, this status suggests a lower risk profile, as it demonstrates the business's compliance with state regulations and ongoing operational stability, potentially indicating better creditworthiness.

Recommended action: Proceed to standard underwriting; SOS standing is not a blocker. Verify financials independently.

Verify next: Registered agent of record; physical/mailing address; officer & signatory list; OFAC/sanctions screen.

Dataset key: Wyoming::Active. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Wyo. Stat. S 17-16-128 (certificate of existence); 'Active' is a Wyoming SOS records convention (business search: https://wyobiz.wyo.gov)

Source site: wyoleg.gov

Citation check: Verified against the official source text, retrieved 2026-07-06.

Inactive- Administratively Dissolved "(Tax)Red

Definition: Inactive- Administratively Dissolved "(Tax) status as recorded by the Wyoming Secretary of State.

Lending read: This status means the business entity has been dissolved by the state due to non-compliance with tax obligations. This administrative dissolution occurs when an entity fails to file required tax reports or pay taxes, leading to the loss of its good standing and authority to operate in Wyoming.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Wyoming::Inactive- Administratively Dissolved "(Tax). Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Wyo. Stat. Sections 17-16-1420, 17-16-1421, 17-16-1422 (Bus. Corp. Act)

Source site: wyoleg.gov

Statute note: Admin dissolution (Section 17-16-1421). Reinstatement (Section 17-16-1422) within 2 yrs, relates back. DISTINCTIVE fraud screen: SOS may DENY reinstatement if the corp was subject to SOS/law-enforcement investigation for fraud or other legal violations, or if there is reason to believe it engaged in illegal operations. Name retained during the 2-yr window.

Citation check: Verified against the official source text, retrieved 2026-07-03.

Inactive- Administratively Dissolved "Tax"Red

Definition: Inactive- Administratively Dissolved "Tax" status as recorded by the Wyoming Secretary of State.

Lending read: This status means the business entity has been dissolved by the state due to non-compliance with tax obligations. This administrative dissolution occurs when an entity fails to file required tax reports or pay taxes, leading to the loss of its good standing and authority to operate in Wyoming. Lenders should exercise caution with businesses in this status, as it indicates significant financial and compliance issues, potentially impacting the business's ability to repay loans and suggesting a higher risk for lending.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Wyoming::Inactive- Administratively Dissolved "Tax". Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Wyo. Stat. Sections 17-16-1420, 17-16-1421, 17-16-1422 (Bus. Corp. Act)

Source site: wyoleg.gov

Statute note: Admin dissolution (Section 17-16-1421). Reinstatement (Section 17-16-1422) within 2 yrs, relates back. DISTINCTIVE fraud screen: SOS may DENY reinstatement if the corp was subject to SOS/law-enforcement investigation for fraud or other legal violations, or if there is reason to believe it engaged in illegal operations. Name retained during the 2-yr window.

Citation check: Verified against the official source text, retrieved 2026-07-03.

Inactive- DissolvedRed

Definition: Inactive- Dissolved status as recorded by the Wyoming Secretary of State.

Lending read: This status indicates that the business entity has been formally dissolved and is no longer in existence. Dissolution can occur voluntarily by the entity's owners or involuntarily by the state due to non-compliance with regulatory or filing requirements. Lenders should be aware that businesses with this status are no longer operational, presenting extreme risk for lending as there is no active entity to repay loans or conduct business, making it crucial for thorough due diligence on any outstanding obligations or assets.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Wyoming::Inactive- Dissolved. Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Wyo. Stat. Sections 17-16-1420, 17-16-1421, 17-16-1422 (Bus. Corp. Act)

Source site: wyoleg.gov

Statute note: Admin dissolution (Section 17-16-1421). Reinstatement (Section 17-16-1422) within 2 yrs, relates back. DISTINCTIVE fraud screen: SOS may DENY reinstatement if the corp was subject to SOS/law-enforcement investigation for fraud or other legal violations, or if there is reason to believe it engaged in illegal operations. Name retained during the 2-yr window.

Citation check: Verified against the official source text, retrieved 2026-07-03.

Inactive- Withdraw/Dissolve/Cancel Dissolved "(Tax)Red

Definition: Inactive- Withdraw/Dissolve/Cancel Dissolved "(Tax) status as recorded by the Wyoming Secretary of State.

Lending read: This status applies to entities that have chosen to withdraw from doing business in Wyoming or have been dissolved or canceled by the state due to tax-related issues. It indicates that the entity is no longer active or authorized to conduct business in Wyoming due to non-compliance with tax laws or voluntary withdrawal.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Wyoming::Inactive- Withdraw/Dissolve/Cancel Dissolved "(Tax). Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Wyo. Stat. Sections 17-16-1420, 17-16-1421, 17-16-1422 (Bus. Corp. Act)

Source site: wyoleg.gov

Statute note: Admin dissolution (Section 17-16-1421). Reinstatement (Section 17-16-1422) within 2 yrs, relates back. DISTINCTIVE fraud screen: SOS may DENY reinstatement if the corp was subject to SOS/law-enforcement investigation for fraud or other legal violations, or if there is reason to believe it engaged in illegal operations. Name retained during the 2-yr window.

Citation check: Verified against the official source text, retrieved 2026-07-03.

Inactive- Withdraw/Dissolve/Cancel Dissolved "Tax"Red

Definition: Inactive- Withdraw/Dissolve/Cancel Dissolved "Tax" status as recorded by the Wyoming Secretary of State.

Lending read: This status applies to entities that have chosen to withdraw from doing business in Wyoming or have been dissolved or canceled by the state due to tax-related issues. It indicates that the entity is no longer active or authorized to conduct business in Wyoming due to non-compliance with tax laws or voluntary withdrawal. For lenders, this status represents a high-risk scenario, as the business is no longer operational in the state, potentially due to financial difficulties or regulatory non-compliance, significantly impacting its creditworthiness and ability to fulfill financial obligations.

Recommended action: Do not auto-clear. Entity lacks current legal standing; require effective reinstatement or decline.

Verify next: Whether reinstatement/revival is filed and effective; successor entity if merged/converted; recovery exposure on existing positions.

Dataset key: Wyoming::Inactive- Withdraw/Dissolve/Cancel Dissolved "Tax". Grounding: statute_verified. Review status: auto_generated_pending_human_signoff.

Statute citation: Wyo. Stat. Sections 17-16-1420, 17-16-1421, 17-16-1422 (Bus. Corp. Act)

Source site: wyoleg.gov

Statute note: Admin dissolution (Section 17-16-1421). Reinstatement (Section 17-16-1422) within 2 yrs, relates back. DISTINCTIVE fraud screen: SOS may DENY reinstatement if the corp was subject to SOS/law-enforcement investigation for fraud or other legal violations, or if there is reason to believe it engaged in illegal operations. Name retained during the 2-yr window.

Citation check: Verified against the official source text, retrieved 2026-07-03.

Source and Verification Notes

  • This guide is built from Cobalt's corrected status-risk dataset v5 (July 6, 2026): 416 status records across 50 states, with 302 statute citations corrected against official sources during the July 2026 verification passes. 239 citations are verified against the official source text; 177 are marked pending human review on each row.
  • The tier is routing guidance for status interpretation. It is not a credit approval, legal opinion, or replacement for your underwriting policy.
  • Unknown or unmapped raw status strings should route to review. Do not infer a green result from an unfamiliar label.
  • Each row includes the statute citation and source site used for verification. Use the citation text with the linked source site to confirm the current code language.
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