79-15-109 - Certificate of authority; application.
§ 79-15-109. Certificate of authority; application.
A foreign investment trust, in order to procure a certificate of authority to transact business in this state, shall make application therefor to the secretary of state, which application shall set forth:
(a) the name of the foreign investment trust and the state or country under the laws of which it is organized.
(b) if the name of the foreign investment trust does not contain the words "investment trust", then the name containing the words "investment trust" which it elects to use in this state.
(c) the date of declaration of trust and the period of duration of the trust.
(d) the address of the principal office of the foreign investment trust in the state or country under the laws of which it is organized.
(e) the address of the proposed registered office of the foreign investment trust in this state, and the name of its proposed registered agent in this state at such address.
(f) the purpose or purposes of the foreign investment trust which it proposes to pursue in the transaction of business in this state.
(g) the names and respective addresses of the trustees of the foreign investment trust.
(h) a statement of the aggregate number of shares of beneficial interest which the foreign investment trust has authority to issue and the unit value in dollars to be received by the trust for the issuance of each of such shares.
(i) a statement of the aggregate number of issued shares of beneficial interest.
(j) such additional information as may be necessary or appropriate in order to enable the secretary of state to determine whether such corporation is entitled to a certificate of authority to transact business in this state and to determine and assess the fees payable as in Section 79-15-135 prescribed.
Such application shall be made on forms prescribed and furnished by the secretary of state and shall be executed in duplicate by at least three (3) of the trustees and verified.
Sources: Laws, 1978, ch. 463, § 6, eff from and after July 1, 1978.