Business Notice of Bad Standing

Business Notice of Bad Standing

Notice Date:

Recipient Business Information

Corporation    LLC    LP    Partnership    Other:

WHEREAS

WHEREAS, Business Name: is a legal business entity duly formed under the laws of and maintains registration with the appropriate state authority under file number .

WHEREAS, the Issuing Party has reviewed the public records and internal accounts and has determined that the business has failed to comply with one or more statutory or administrative requirements necessary to maintain good standing, as set forth below.

Findings of Noncompliance

The Issuing Party hereby declares that the business is in bad standing for the following reason(s). Check all that apply and complete the associated fields.

Failure to file required annual or periodic report(s). Last filed report date:

Unpaid fees, taxes, penalties or assessments. Outstanding principal amount: Additional penalties or interest may apply as described below.

Failure to maintain a registered agent or valid registered office address.

Other noncompliance (describe):

Notice and Required Cure

You are hereby notified to cure the above-described grounds for bad standing within calendar days from the Notice Date. The cure deadline is .

Payment required to cure outstanding monetary obligations: $ . Payment schedule and acceptable methods:

Late fee or penalty upon failure to cure: . Interest accrues at the lesser of the statutory rate or until paid in full.

Consequences of Failure to Cure

If the recipient fails to cure by the deadline, the Issuing Party may pursue one or more of the following actions (check intended remedies):

Administrative dissolution or revocation of authority.

Assessment of additional fines, penalties, or fees pursuant to applicable law.

Restrictions on rights to transact business, access to certificates, or obtain permits and licenses.

Referral for enforcement or legal proceedings to collect amounts owed or otherwise enforce compliance.

Certification of Service

I certify that a true and correct copy of this Notice was served on the recipient as follows:

Personal service    Certified mail    Electronic delivery (if authorized)    Other:

Date of Service:

Confidentiality

The parties acknowledge that information exchanged solely in connection with the cure of the deficiencies may include confidential business or financial information. The Issuing Party will treat submitted documents as confidential to the extent permitted by law; provided, however, that the Issuing Party may disclose such information when required by statute, regulation, or court order.

Governing Law and Miscellaneous

This Notice shall be governed by and construed in accordance with the laws of the State of , without regard to choice-of-law principles. No failure or delay by the Issuing Party in exercising any right shall operate as a waiver.

This Notice constitutes the complete and final written notice of the specified deficiencies and supersedes any prior oral or written communications with respect to those deficiencies. Any modification or extension must be made in writing and signed by an authorized representative of the Issuing Party.

Issuing Party Contact

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