Form 05-359. Request for Certificate of Account Status

The 05-359 form is officially known as the Request for Certificate of Account Status and is issued by the Texas Comptroller's Office. The main purpose of this form is to request a certificate of account status for a business entity registered with the state of Texas.

The form consists of several parts that require different types of information, including the name and address of the business entity, the type of entity (e.g. corporation or partnership), and the reason for the request. Important fields include the taxpayer number, account number, and signature of an authorized representative of the business entity.

When filling out the form, it is important to consider that only authorized representatives of the business entity are allowed to request a certificate of account status. Additionally, the reason for the request must be specified and supporting documents may need to be attached.

An example use case for the 05-359 form is when a business entity needs to prove its good standing with the state of Texas in order to obtain a loan or contract with another party.

Strengths of the form include its clear purpose and concise format, while weaknesses may include confusion or difficulty in filling out the form correctly. Opportunities for improvement could include offering online submission options or simplifying the process for requesting a certificate of account status. A potential threat could be fraudulent use of the form by unauthorized individuals.

Related forms include the Texas Entity Search form, which allows individuals to search for information on business entities registered in the state of Texas. An alternative form could be a letter or email requesting a certificate of account status, but this may not be accepted by all parties as proof of good standing.

Submitting the form can be done by mail or in person at the Texas Comptroller's office, and the completed form is stored electronically in the state's database. The form can be accessed by authorized parties who have a legitimate need for the information.

Overall, the 05-359 form can have a significant impact on the future of the business entity by providing proof of good standing with the state of Texas, which can lead to increased trust and opportunities for growth.