§ 4104. Termination of foreign domiciliary corporation status.

218 words·~1 min read·/pa/title-15/chapter-41/4104

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

(a)Shareholding test.-- A foreign domiciliary corporation shall cease to be such on the first day of the sixth month following the month in which the corporation first has knowledge that the test of section 4102(a) (relating to foreign domiciliary corporations) is no longer met.

(b)Foreign corporations with registered securities.-- The exemption provided by section 4102(b)(1) shall take effect on the day following the day on which the corporation becomes a corporation described in that provision.

(c)Subsidiary corporations.-- The exemption provided by section 4102(b)(2) shall take effect immediately upon the acquisition, directly or indirectly, of the last outstanding share of the corporation by one or more registered corporations or corporations described in section 4102(b)(1).

15c4121h

SUBCHAPTER B

QUALIFICATION

Sec.

4121. Admission of foreign corporations (Repealed).

4122. Excluded activities (Repealed).

4123. Requirements for foreign corporation names (Repealed).

4124. Advertisement of registration to do business.

4125. Issuance of certificate of authority (Repealed).

4126. Amended certificate of authority (Repealed).

4127. Merger, consolidation or division of qualified foreign corporations (Repealed).

4128. Revocation of certificate of authority (Repealed).

4129. Advertisement of termination of registration to do business.

4130. Change of address after withdrawal (Repealed).

4131. Registration of name (Repealed).

Cross References. Subchapter B is referred to in section 412 of this title.

15c4121s