41-4-8 - Violation by foreign corporation -- Penalty.
41-4-8. Violation by foreign corporation -- Penalty.
Every foreign corporation, as well as every foreign association, exercising any of thepowers, franchises, or functions of a corporation in this state, violating any of the provisions ofthis act, is hereby denied the right and prohibited from doing any business in this state, and it shallbe the duty of the attorney general to enforce this provision by bringing proper proceedings byinjunction or otherwise. The Division of Corporations and Commercial Code shall be authorizedto revoke the license of any such corporation or association heretofore authorized by it to dobusiness in this state.
Amended by Chapter 66, 1984 General Session