THEODORE R. MCKELDIN, GOVERNOR 337

tion, its officers and agents during the time when the charter
was void, with the same force and effect and to all intents
and purposes as if the charter had at all times remained in
full force and effect. All real and personal property, rights
and credits of the corporation at the time its charter became
void and of which it was not divested prior to such revival
shall be vested in the corporation, after such revival, as fully
as they were held by the corporation at the time its charter
became void. The corporation after such revival shall be
liable for all contracts, acts, matters and things made, done
or performed in its name and on its behalf by its officers and
agents prior to such revival as if its charter had at all times
remained in full force and effect.

82. (Prohibition Against Doing Business After Forfei-
ture. ) Any person who transacts business in the name or for
the account of a corporation the charter of which has been
forfeited and has not been revived, knowing the same to be for-
feited, shall be guilty of a misdemeanor, and upon conviction
thereof shall be fined not exceeding five hundred dollars.
NO PROSECUTION FOR VIOLATION OF THE PRO-
VISIONS OF THIS SECTION SHALL BE INSTITUTED
AFTER THE DATE OF FILING OF ARTICLES OF RE-
VIVAL OF SUCH CORPORATION. For the purpose of this
section and in the absence of clear evidence to the contrary,
a person who was an officer or director of such corporation at
the time of the forfeiture of its charter shall be presumed to
know of such forfeiture.

FOREIGN CORPORATIONS

83. (Definition. ) As used in this Article, the phrase
"foreign corporation" shall mean every corporation, associa-
tion or joint stock company formed or existing under the
statute or common law of any state (other than this State),
territory, district, possession or foreign country, or the United

States.

84. (Limitations on Business. ) (a) No foreign corporation
shall do any kind of intrastate or interstate or foreign busi-
ness in this State, the doing of which by domestic corpora-
tions is not permitted by the laws of this State.

(b) Without excluding other activities which may not con-
stitute doing intrastate business in this State, a foreign cor-
poration shall not be considered to be doing intrastate business
in this State, for the purposes of this Article, by reason of
carrying on in this State any one or more of the following ac-
tivities: