79-15-111 - Certificate of authority; issuance.
§ 79-15-111. Certificate of authority; issuance.
Duplicate originals of the application of the foreign investment trust for a certificate of authority shall be delivered to the secretary of state, together with a copy of its declaration of trust and all amendments thereto, duly authenticated by the proper officer where its declaration of trust and amendments thereto were recorded under the laws of the state or country where it is organized.
If the secretary of state finds that such application conforms to law, he shall, when all fees have been paid as in Section 79-15-135 prescribed:
(a) endorse on each of such documents the word "FILED", and the month, day and year of the filing thereof.
(b) file in his office one (1) of such duplicate originals of the application and the copy of the declaration of trust and amendments thereto.
(c) issue a certificate of authority to transact business in this state to which he shall affix the other duplicate original application.
The certificate of authority, together with the duplicate original of the application affixed thereto by the secretary of state, shall be returned to the foreign investment trust or its representative.
Sources: Laws, 1978, ch. 463, § 7, eff from and after July 1, 1978.