490A.1406 - CANCELLATION OF CERTIFICATE OF AUTHORITY.
490A.1406 CANCELLATION OF CERTIFICATE OF AUTHORITY. 1. A foreign limited liability company may cancel its certificate of authority by delivering to the secretary of state for filing a certificate of cancellation which shall set forth all of the following: a. The name of the foreign limited liability company and the name of the state or other jurisdiction under whose jurisdiction it was formed. b. That the foreign limited liability company is not transacting business in this state and that it surrenders its certificate of authority to transact business in this state. c. That the foreign limited liability company revokes the authority of its registered agent to accept service on its behalf and appoints the secretary of state as its agent for service of process in any proceeding based on a cause of action arising during the time it was authorized to transact business in this state. d. A mailing address to which the secretary of state may mail a copy of any process served on the secretary of state under paragraph "c" of this subsection. e. A commitment to notify the secretary of state in the future of any change in the mailing address of the foreign limited liability company. 2. The certificate of authority shall be canceled upon the filing of the certificate of cancellation by the secretary of state.
Section History: Recent Form 92 Acts, ch 1151, § 80; 93 Acts, ch 39, § 33; 94 Acts, ch 1023, §60; 2006 Acts, ch 1089, §37, 38 Referred to in § 490A.1403