LD 1767
pg. 38
Page 37 of 55 PUBLIC Law Chapter 631 Page 39 of 55
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LR 2593
Item 1

 
the revocation of authority, the Secretary of State shall issue a
written notice of that determination to the limited liability
company's last registered office in this State and to its last
registered or principal office in its jurisdiction of
organization.

 
2.__Revocation.__The foreign limited liability company's
authority is revoked if within 60 days after the notice under
subsection 1 was issued the Secretary of State determines that
the foreign limited liability company has failed to correct the
ground or grounds for revocation.__The Secretary of State shall
send notice to the foreign limited liability company at its last
registered office in this State and to its last registered or
principal office in its jurisdiction of organization that recites
the ground or grounds for revocation and the effective date of
revocation.

 
3.__Authority to transact business ceases.__The authority of a
foreign limited liability company to transact business in this
State ceases on the date of revocation of its authority.

 
4.__Secretary of State appointed as agent for service of
process.__The Secretary of State's revocation of a foreign
limited liability company's authority appoints the Secretary of
State as the foreign limited liability company's agent for
service of process in any proceeding based on a cause of action
that arose during the time the foreign limited liability company
was authorized to transact business in this State. Service of
process on the Secretary of State under this subsection is
service on the foreign limited liability company. Upon receipt of
process, the Secretary of State shall mail a copy of the process
to the foreign limited liability company at its principal office
shown in its most recent annual report or in any subsequent
communication received from the limited liability company stating
the current mailing address of its principal office or, if no
other address is on file, in its application for authority.

 
5.__Registered agent; not terminated.__Revocation of a foreign
limited liability company's authority to transact business in
this State does not terminate the authority of the registered
agent of the limited liability company.

 
6.__Authorization after revocation.__A foreign limited
liability company whose authority to transact business in this
State has been revoked under section 719-B and that wishes to
transact business again in this State must be authorized as
provided in this chapter.

 
§719-C.__Appeal from revocation


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