489.806 - REVOCATION OF CERTIFICATE OF AUTHORITY.
489.806 REVOCATION OF CERTIFICATE OF AUTHORITY. 1. A certificate of authority of a foreign limited liability company to transact business in this state may be revoked by the secretary of state in the manner provided in subsections 2 and 3 if the company does not do any of the following: a. Pay, within sixty days after the due date, any fee, tax, or penalty due the secretary of state under this chapter or law other than this chapter. b. Deliver, within sixty days after the due date, its biennial report required under section 489.209. c. Appoint and maintain a registered agent for service of process as required by section 489.113, subsection 2. d. Deliver for filing a statement of a change under section 489.114 within thirty days after a change has occurred in the name or address of the registered agent. 2. To revoke a certificate of authority of a foreign limited liability company, the secretary of state must prepare, sign, and file a notice of revocation and send a copy to the company's registered agent for service of process in this state, or if the company does not appoint and maintain a proper registered agent in this state, to the company's registered office. The notice must state all of the following: a. The revocation's effective date, which must be at least sixty days after the date the secretary of state sends the copy. b. The grounds for revocation under subsection 1. 3. The authority of a foreign limited liability company to transact business in this state ceases on the effective date in the notice of revocation unless before that date the company cures each ground for revocation stated in the notice filed under subsection 2. If the company cures each ground, the secretary of state shall file a record so stating.
Section History: Recent Form 2008 Acts, ch 1162, §62, 155