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Session Laws, 1951
Volume 603, Page 341   View pdf image (33K)
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THEODORE R. MCKELDIN, GOVERNOR 341

WHOM SHALL BIND THE CORPORATION IN ANY AC-
TION IN WHICH IT IS SUBJECT TO SUIT IN THIS
STATE.

(3) A STATEMENT THAT THE CORPORATION, (i) IN
THE CASE OF TERMINATION OF QUALIFICATION, IS
NO LONGER TRANSACTING ANY INTRASTATE BUSI-
NESS IN THIS STATE; OR (ii) IN THE CASE OF TER-
MINATION OF REGISTRATION, IS NO LONGER TRANS-
ACTING ANY INTERSTATE OR FOREIGN BUSINESS
IN THIS STATE.

(4) A STATEMENT THAT THE CORPORATION
WISHES TO TERMINATE ITS REGISTRATION OR
QUALIFICATION TO DO SUCH BUSINESS.

(5) A STATEMENT THAT THE CORPORATION HAS
FILED ALL REPORTS REQUIRED BY LAW AND HAS
PAID ALL TAXES DUE AND PAYABLE BY THE COR-
PORATION TO THE STATE AND ANY POLITICAL SUB-
DIVISION THEREOF, TO THE DATE OF APPLICATION
FOR WITHDRAWAL. THE APPLICATION SHALL BE
ACCOMPANIED BY CERTIFICATES OF PAYMENT OF
TAXES AS REQUIRED BY THIS ARTICLE IN THE CASE
OF FILING OF ARTICLES OF DISSOLUTION.

(i) The Commission shall keep a public index of the names
and addresses of the resident agents and mailing addresses of
all such foreign corporations and of the locations of their
principal offices in this State in cases in which such locations
have been certified to it.

87. (Effect of Failure to Qualify or Register. ) (a) Failure
of any foreign corporation to comply with any of the require-
ments of Section 86 of this Article shall not affect the validity
of any contract to which such corporation is a party.

(b) Every officer of any such foreign corporation which does
intrastate business or interstate or foreign business in this
State without qualifying to do such intrastate business or
registering to do such interstate or foreign business, as the
case may be, and every agent of any such foreign corporation
who transacts intrastate business or interstate or foreign
business for such foreign corporation in this State shall be
guilty of a misdemeanor and liable to a fine of not exceeding
one thousand dollars.

(c) No suit shall be maintained in any court of this State
by any such foreign corporation or by anyone claiming under
such foreign corporation if such foreign corporation is doing
or has done intrastate or interstate or foreign business in this


 

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Session Laws, 1951
Volume 603, Page 341   View pdf image (33K)
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