48-2c-1612 - Grounds for revocation.
48-2c-1612. Grounds for revocation.
The division may commence a proceeding under Section 48-2c-1613 to revoke theauthority of a foreign company to transact business in this state if:
(1) the foreign company does not deliver its annual report to the division when it is due;
(2) the foreign company 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 company is without a registered agent in this state;
(4) the foreign company does not inform the division under Title 16, Chapter 17, ModelRegistered Agents Act, that its registered agent has changed or that its registered agent hasresigned;
(5) an organizer, member, manager, or agent of the foreign company 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 limited liability company records in the state or country underwhose law the foreign company is formed or organized stating that the foreign company hasdissolved or disappeared as the result of a merger.
Amended by Chapter 364, 2008 General Session