Sec. 34-232. Revocation of certificate of registration.
Sec. 34-232. Revocation of certificate of registration. (a) The certificate of registration of a foreign limited liability company to transact business in this state may be
revoked by the Secretary of the State upon the conditions provided in this section when:
(1) A wilful misrepresentation has been made of any material matter in any application,
report, affidavit or other document, submitted by such limited liability company pursuant to sections 34-100 to 34-242, inclusive; or (2) the limited liability company is exceeding the authority conferred upon it by said sections.
(b) On the happening of the events set out in subdivision (1) or (2) of subsection
(a) of this section, the Secretary of the State shall give not less than twenty days written
notice to the foreign limited liability company that said secretary intends to revoke the
certificate of registration of such foreign limited liability company for one of said causes,
specifying the same. Such notice shall be given by registered or certified mail or mail
evidenced by a certificate of mailing addressed to the limited liability company at its
address as last shown on the records of the Secretary of the State. If, before expiration
of the time set forth in the notice, the limited liability company establishes to the satisfaction of the Secretary of the State that the stated cause for the revocation of its certificate
of registration did not exist at the time the notice was mailed or, if it did exist at said
time, has been cured, the Secretary of the State shall take no further action. Otherwise,
on the expiration of the time stated in the notice, said secretary shall revoke the certificate
of registration of such foreign limited liability company to transact business in this state.
(c) Upon revoking the certificate of registration of any limited liability company,
the Secretary of the State shall file a certificate of revocation in his office and mail a copy
thereof to such limited liability company at its address as last shown on said secretary's
records. The filing of such certificate shall cause the authority of a limited liability
company to transact business in this state to cease. Notwithstanding the filing of the
certificate of revocation, the appointment by a foreign limited liability company of an
attorney upon whom process may be served shall continue in force as long as any liability
remains outstanding against the company in this state.
(P.A. 94-217, S. 30; P.A. 95-252, S. 25.)
History: P.A. 95-252 deleted Subsec. (a)(1) that had authorized the Secretary of the State to revoke the certificate of
registration of a foreign limited liability company that failed to file its annual report, renumbering the remaining Subdivs.
accordingly, and deleted Subsec. (b)(1) that had required the Secretary of the State to revoke the certificate of registration
of a foreign limited liability company that failed to file its annual report, stated that the notice of intent to revoke a certificate
may be given by mail evidenced by a certificate of mailing and made technical changes.