16-10a-1530 - Grounds for revocation.
16-10a-1530. Grounds for revocation.
The division may commence a proceeding under Section 16-10a-1531 to revoke theauthority of a foreign corporation to transact business in this state if:
(1) the foreign corporation does not deliver its annual report to the division when it isdue;
(2) the foreign corporation does not pay when they are due any taxes, fees, or penaltiesimposed by this chapter or other applicable laws of this state;
(3) the foreign corporation is without a registered agent in this state for 30 days or more;
(4) the foreign corporation does not inform the division by an appropriate filing within30 days of the change or resignation that its registered agent has changed or that its registeredagent has resigned;
(5) an incorporator, director, officer, or agent of the foreign corporation signs a documentknowing it is false in any material respect with intent that the document be delivered to thedivision for filing; or
(6) the division receives a duly authenticated certificate from the lieutenant governor orother official having custody of corporate records in the state or country under whose law theforeign corporation is incorporated stating that the corporation has dissolved or disappeared asthe result of a merger.
Amended by Chapter 364, 2008 General Session