Sec. 10.20.585. Grounds for revocation of certificate of authority.

178 words·~1 min read·/ak/title-10/chapter-20/10-20-585

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The certificate of authority of a foreign corporation to transact business in the state may be revoked by the commissioner when

(1)the corporation fails to file its biennial report within the time required by this chapter, or fails to pay fees or penalties prescribed in this chapter when they are due and payable;

(2)the corporation fails to appoint and maintain a registered agent in this state;

(3)the corporation fails, after change of its registered office or registered agent, to file with the commissioner a statement of the change as required by this chapter;

(4)the corporation fails to file with the department an amendment to its articles of incorporation or articles of merger within the time prescribed by this chapter;

(5)a misrepresentation has been made of a material matter in an application, report, affidavit, or other document submitted under this chapter; or

(6)the corporation is 90 days delinquent in filing a notice of change of an officer or director as required by this chapter.