To retain its status as a corporation in good standing,a corporation must:
A)pay an annual franchise fee or tax.
B)hold an annual shareholders' meeting.
C)pay an annual dividend to shareholders.
D)hold an annual board of directors' meeting.

Question

Quizplus · Accepted Answer

To retain its status as a corporation in good standing,a corporation must file an annual report with the secretary of state of the state of incorporation and pay an annual franchise fee or tax.

To Retain Its Status as a Corporation in Good Standing,a