4141 - Penalty for doing business without certificate of authority.
SUBCHAPTER C POWERS, DUTIES AND LIABILITIES Sec. 4141. Penalty for doing business without certificate of authority. 4142. General powers and duties of qualified foreign corporations. 4143. General powers and duties of nonqualified foreign corporations. 4144. Registered office of qualified foreign corporations. 4145. Applicability of certain safeguards to foreign domiciliary corporations. 4146. Provisions applicable to all foreign corporations. Cross References. Subchapter C is referred to in section 9507 of this title. § 4141. Penalty for doing business without certificate of authority. (a) Right to bring actions or proceedings suspended.--A nonqualified foreign business corporation doing business in this Commonwealth within the meaning of Subchapter B (relating to qualification) shall not be permitted to maintain any action or proceeding in any court of this Commonwealth until the corporation has obtained a certificate of authority. Nor, except as provided in subsection (b), shall any action or proceeding be maintained in any court of this Commonwealth by any successor or assignee of the corporation on any right, claim or demand arising out of the doing of business by the corporation in this Commonwealth until a certificate of authority has been obtained by the corporation or by a corporation that has acquired all or substantially all of its assets. (b) Contracts, property and defense against actions unaffected.--The failure of a foreign business corporation to obtain a certificate of authority to transact business in this Commonwealth shall not impair the validity of any contract or act of the corporation, shall not prevent the corporation from defending any action in any court of this Commonwealth and shall not render escheatable any of its real or personal property. Cross References. Section 4141 is referred to in section 4143 of this title.