LD 1810
pg. 37
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LR 2559
Item 1

 
Notwithstanding Title 4, chapter 5 and Title 5, chapter 375,
the Secretary of State may commence a proceeding under section
719-B to revoke the authority of a foreign limited liability
company authorized to transact business in this State if:

 
1.__Nonpayment of fees or penalties.__The foreign limited
liability company does not pay when they are due any fees or
penalties imposed by this chapter or other law;

 
2.__Failure to file annual report.__The foreign limited
liability company does not deliver its annual report to the
Secretary of State as required by section 757;

 
3.__Failure to pay late filing penalty.__The foreign limited
liability company does not pay the annual report late filing
penalty as required by section 758;

 
4.__Failure to maintain registered agent or registered office.__
The foreign limited liability company fails to appoint or
maintain a registered agent or registered office in this State as
required by section 714;

 
5.__Failure to notify of change of registered agent or
registered office.__The foreign limited liability company does
not notify the Secretary of State that its registered agent or
registered office has been changed or that its registered agent
has resigned as required by section 714;

 
6.__Filing of false information.__A member, manager or agent
of the foreign limited liability company signed a document with
the knowledge that the document was false in a material respect
and with the intent that the document be delivered to the
Secretary of State for filing;

 
7.__Amended application.__The foreign limited liability
company fails to file with the Secretary of State an amended
application for authority required by section 715; or

 
8.__Authenticated certificate of cancellation or merger.__The
Secretary of State receives a duly authenticated certificate from
the secretary of state or other official having custody of
limited liability company records in the state or country under
whose law the foreign limited liability company is formed stating
that the foreign limited liability company has been cancelled or
has disappeared as the result of a merger.

 
§719-B.__Procedure for and effect of revocation

 
1.__Notice of determination.__If the Secretary of State
determines that one or more grounds exist under section 719-A for


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