[§414-441]  Application to corporations
heretofore authorized to transact business in this State.  Foreign
corporations that are duly authorized to transact business in this State on
July 1, 2001, 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, 2001 the corporations 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 2000, c 244, pt of §1]



 



Revision Note



 



  "On July 1, 2001," substituted for "at the
time this chapter takes effect" and "July 1, 2001" substituted
for "the time this chapter takes effect".