State Codes and Statutes

Statutes > Connecticut > Title33 > Chap602 > Sec33-1226

      Sec. 33-1226. Procedure for and effect of revocation. (a) If the Secretary of the State determines that one or more grounds exist under section 33-1225 for revocation of a certificate of authority, he shall serve the foreign corporation with written notice of his determination under section 33-1219.

      (b) If the foreign corporation does not correct each ground for revocation or demonstrate to the reasonable satisfaction of the Secretary of the State that each ground determined by the Secretary of the State does not exist within sixty days after service of the notice is effective under section 33-1219, the Secretary of the State may revoke the foreign corporation's certificate of authority by signing a certificate of revocation that recites the ground or grounds for revocation and its effective date. The Secretary of the State shall file the original of the certificate and serve a copy on the foreign corporation under section 33-1219.

      (c) The authority of a foreign corporation to conduct affairs in this state ceases on the date shown on the certificate revoking its certificate of authority.

      (d) The Secretary of the State's revocation of a foreign corporation's certificate of authority appoints the Secretary of the State the foreign corporation's agent for service of process in any proceeding based on a cause of action which arose during the time the foreign corporation was authorized to conduct affairs in this state. Service of process on the Secretary of the State as provided in section 33-1219 is service on the foreign corporation.

      (e) Revocation of a foreign corporation's certificate of authority does not terminate the authority of the registered agent of the corporation.

      (P.A. 96-256, S. 151, 209; P.A. 97-246, S. 82, 94, 99.)

      History: P.A. 96-256 effective January 1, 1997; P.A. 97-246 amended Subsec. (b) to replace "perfected under Sec. 33-1219" with "effective under Sec. 33-1219" and amended Subsec. (d) to provide that service of process is made on the Secretary of the State "as provided in Sec. 33-1219" rather than "under this section" and delete provision that required the Secretary of the State to mail a copy of the process to the foreign corporation, effective June 27, 1997.