LD 1767
pg. 18
Page 17 of 55 PUBLIC Law Chapter 631 Page 19 of 55
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LR 2593
Item 1

 
1.__Nonpayment of fees or penalties.__The foreign corporation
does not pay when they are due any fees or penalties imposed by
this Title 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 1621;

 
3.__Failure to pay late filing penalty.__The foreign
corporation does not pay the annual report late filing penalty as
required by section 1622;

 
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
1507;

 
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 1507;

 
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

 
7.__Authenticated certificate of dissolution or merger.__The
Secretary of State receives a duly authenticated certificate from
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 stating that the foreign
corporation has been dissolved or has disappeared as the result
of a merger in its jurisdiction of incorporation.

 
Sec. 31. 13-C MRSA §1532, sub-§§1 and 2, as enacted by PL 2001, c. 640,
Pt. A, §2 and affected by Pt. B, §7, are amended to read:

 
1. Notice of determination. If the Secretary of State
determines that one or more grounds exist under section 1531
1531-A for the revocation of authority, the Secretary of State
shall serve the foreign corporation with written notice of the
Secretary of State's determination under section 1510.

 
2. Revocation. If the The foreign corporation does not
correct each ground for revocation or demonstrate to the
reasonable satisfaction of the Secretary of State that each


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