LD 1539
pg. 10
Page 9 of 101 An Act To Amend the Laws Relating to Corporations, Limited Partnerships, Limite... Page 11 of 101
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LR 1942
Item 1

 
C. Do not adopt as the name of the corporation a name which
that is in violation of section 301 301-A.

 
Sec. B-17. 13-B MRSA §1202, sub-§2, as enacted by PL 1977, c. 525,
§13, is amended to read:

 
2. Certificate of existence. The application of the
corporation for authority shall must be accompanied by a
certificate of good standing existence or its equivalent from the
proper officer of its jurisdiction of incorporation a document of
similar import duly authenticated by the secretary of state or
other official having custody of corporate records in the state
or country under whose law the foreign corporation is
incorporated. Such The certificate of good standing shall
existence must have been made not more than 90 days prior to the
delivery of the application for filing.

 
Sec. B-18. 13-B MRSA §1205, sub-§1, as enacted by PL 1977, c. 525,
§13, is amended to read:

 
1. Name. No A foreign corporation shall be is not authorized
to carry on activities in this State unless the name of the
corporation complies with the requirements of section 301 301-A.

 
Sec. B-19. 13-B MRSA §1208, sub-§3 is enacted to read:

 
3.__Cancellation of authority.__If a foreign nonprofit
corporation files articles of domestication and conversion as set
forth in Title 13-C, chapter 9, its authority is cancelled
automatically on the effective date of its domestication and
conversion.

 
Sec. B-20. 13-B MRSA §1210, sub-§§2 and 3, as amended by PL 1989, c.
501, Pt. L, §41, are further amended to read:

 
2. Secretary of State to mail revocation of authority. The
authority of a foreign corporation shall be is revoked only after
the Secretary of State shall have has mailed to the corporation's
last registered office in this State and to its last registered
or principal office in its jurisdiction of incorporation at least
30 days' 60-days' notice of impending revocation of its authority
to carry on activities in this State, including a specification
of the default, and the corporation shall fail fails, prior to
revocation, to cure the default specified in such the notice.

 
3. Certificate revoked. After the expiration of the 30-day
60-day period, if the foreign corporation has not cured the
default or, as to the ground for revocation specified in


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