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If a CID has a STATUS code = 2 (suspended) is that data still usable?

April 26, 2017CID code Data Status usable

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If a CID has a STATUS code = 2 (suspended) is that data still usable?

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A. The answer is maybe! The corporation has been suspended for some reason, usually by the Franchise Tax Board and that action suspends the CIDs “active” corporate status. Does this mean that the CID disappears – no, and the Association and Board are still there. If you want to market a suspended CID be sure to look at how old the information is – see the FILEDATE.