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What happens to a trade name after a conversion, when the resulting entity is no longer qualified to transact business in Colorado?

April 26, 2017Business Colorado conversion entity happens longer qualified Trade transact

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What happens to a trade name after a conversion, when the resulting entity is no longer qualified to transact business in Colorado?

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The trade name’s status is changed to Withdrawn. A foreign entity must have a Statement of Foreign Entity Authority on file in the records of the Secretary of State before it can transact business or conduct activities in Colorado. See Part 8 of Article 90 of Title 7, C.R.S.