C. 
Revocation of Certificate of Authority



 



§414-461  Grounds for revocation.  The
department director may commence a proceeding under section 414-462 to revoke
the certificate of authority of a foreign corporation authorized to transact
business in this State if:



(1)  The corporation fails to:



(A)  Pay any fees prescribed by law;



(B)  File its annual report for a period of two
years;



(C)  Appoint and maintain an agent for service
of process as required; or



(D)  File a statement of a change in the name
or business address of the agent as required; or



(2)  A misrepresentation has been made of any material
matter in any application, report, affidavit, or other record or document
submitted by the corporation. [L 2000, c 244, pt of §1; am L 2001, c 129, §48;
am L 2002, c 130, §34; am L 2003, c 124, §16]