(1) A foreign corporation authorized to transact business in this state may not withdraw
from this state until its application for withdrawal has been filed by the division.
(2) A foreign corporation authorized to transact business in this state may apply
for withdrawal by delivering to the division for filing an application for withdrawal
(a) its corporate name and its assumed name, if any;
(b) the name of the state or country under whose law it is incorporated;
(c) the address of its principal office, or if none is to be maintained, a statement
that the corporation will not maintain a principal office, and if different from the
address of the principal office or if no principal office is to be maintained, the
address to which service of process may be mailed pursuant to Section 16-10a-1521;
(d) that the corporation is not transacting business in this state and that it surrenders
its authority to transact business in this state;
(e) whether its registered agent will continue to be authorized to accept service
on its behalf in any proceeding based on a cause of action arising during the time
it was authorized to transact business in this state; and
(f) any additional information that the division determines is necessary or appropriate
to determine whether the corporation is entitled to withdraw, and to determine and
assess any unpaid taxes, fees, and penalties payable by it as prescribed by this chapter.
(3) A foreign corporation's application for withdrawal may not be filed by the division
until all outstanding fees and state tax obligations have been paid and the division
has received a tax clearance certificate from the State Tax Commission.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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