With respect to the incorporation process, what is true about domestic corporations with delinquent, suspended, or revoked status?

Domestic corporations that have a delinquent, suspended, or revoked status are not authorized to be incorporators. This stems from the fundamental principle that only properly organized and compliant entities can actively participate in the incorporation process. A corporation with a delinquent status has failed to meet certain regulatory requirements, while a suspended or revoked status indicates a loss of good standing with the state, which disallows it from engaging in further corporate activities, including acting as an incorporator.

Incorporators play a vital role in forming a new corporation, and allowing those with compromised statuses to take on this responsibility would go against the standards of accountability and legal compliance necessary for establishing sound corporate governance.

While entities in such statuses may have avenues for reinstatement or particular permissions in certain contexts, their immediate capacity to act as incorporators is limited by their current standing. This ensures that all corporations participating in the formation of new entities have met their obligations and are in good standing, which upholds the integrity of the corporate structure and regulatory environment.