§428-1006  Revocation of certificate ofauthority.  (a)  A certificate of authority of a foreign limited liabilitycompany to transact business in this State may be revoked by the director inthe manner provided in subsection (b) if:

(1)  The company fails to:

(A)  Pay any fees prescribed by law;

(B)  File its annual report for a period of twoyears pursuant to section 428-210;

(C)  Appoint and maintain an agent for serviceof process as required by this part; or

(D)  File a statement of a change in the nameor business address of the agent as required by this part; or

(2)  A misrepresentation has been made of any materialmatter in any application, report, affidavit, or other record or documentsubmitted by the company pursuant to this part.

(b)  The director may not revoke a certificateof authority of a foreign limited liability company unless the director sendsthe company notice of the revocation, at least sixty days before its effectivedate, by mailing the notice to the foreign limited liability company at itslast known address appearing in the director's records.  The notice shallidentify the cause for the revocation of the certificate of authority.  If theforeign limited liability company does not cure its failure by the datespecified in the notice of revocation, the director may issue a certificate ofrevocation that shall be filed in the office of the director.  The authority ofthe company to transact business in this State shall cease upon the issuance ofthe certificate of revocation. [L 1996, c 92, pt of §1; am L 2001, c 129, §101;am L 2002, c 130, §109; am L 2003, c 124, §79]