3.__Protecting corporate name after suspension.__The name of a corporation whose charter is suspended remains in the Secretary of State's record of corporate names and is protected for a period of 3 years following its suspension.

Sec. 4. 13-B MRSA §1210, as amended by PL 2003, c. 344, Pt. B, §20, is repealed.

Sec. 5. 13-B MRSA §§1210-A to 1210-C are enacted to read:

§1210-A.__Grounds for revocation

Notwithstanding Title 4, chapter 5 and Title 5, chapter 375, the Secretary of State may commence a proceeding under section 1210-B to revoke the authority of a foreign corporation authorized to carry on activities in this State if:

1.__Nonpayment of fees or penalties.__The foreign corporation does not pay when they are due any fees or penalties imposed by this Act or other law;

2.__Failure to file annual report.__The foreign corporation does not deliver its annual report to the Secretary of State as required by section 1301;

3.__Failure to pay late filing penalty.__The foreign corporation does not pay the annual report late filing penalty as required by section 1302;

4.__Failure to maintain registered agent or registered office.__ The foreign corporation fails to appoint or maintain a registered agent or registered office in this State as required by section 1212;

5.__Failure to notify of change of registered agent or registered office.__The foreign corporation 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 1212;

6.__Filing of false information.__An incorporator, director, officer or agent of the foreign corporation 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; or