[§414D-281]  Application to corporations
heretofore authorized to transact business in this State.  A foreign
corporation that is duly authorized to transact business in this State on July
1, 2002, for a purpose or purposes for which a corporation might secure the
authority under this chapter, shall be entitled to all of the rights and
privileges applicable to foreign corporations procuring certificates of
authority to transact business in this State under this chapter, and from
July 1, 2002, the corporation shall be subject to all of the limitations,
restrictions, liabilities, and duties prescribed herein for foreign
corporations procuring certificates of authority to transact business in this
State under this chapter. [L 2001, c 105, pt of §1]



 



Revision Note



 



  "On July 1, 2002" substituted for "at the time
this chapter takes effect" and the second reference to "July 1,
2002" substituted for "the time this takes effect".