Companies are required to fulfill certain obligations to ensure that they don’t lose their businesses. Obligations like annual fees or having working registered agents have to be checked consistently to ensure that the state does not suspend or out rightly terminate your business.
A company’s termination is not always absolute and certain things can be done to return the company to its original state. After said changes have been put in place, it is necessary to file for business reinstatement in the state where the company operates.