59-7-535 - Doing business thereafter -- Penalty.
59-7-535. Doing business thereafter -- Penalty.
(1) Pursuant to any suspension or forfeiture under Section 59-7-534, any person whoattempts or purports to exercise any of the rights, privileges, or powers of any suspendeddomestic corporation, or who transacts or attempts to transact any intrastate business in this statein behalf of any forfeited foreign corporation, is guilty of a class B misdemeanor. A fine shall beimposed of not less than $250, and a penalty of imprisonment shall be imposed of not less than50 days in the county jail.
(2) Jurisdiction of the offense shall be in any county in which any part of the attemptedexercise of the powers, or any part of the transaction of business occurred.
(3) Any contract made in violation of this section is unenforceable by the corporation orperson.
Renumbered and Amended by Chapter 169, 1993 General Session