Legislation
SECTION 1305
Application for authority; effect
Not-for-Profit Corporation (NPC) CHAPTER 35, ARTICLE 13
§ 1305. Application for authority; effect.
Upon filing by the department of state of the application for
authority the foreign corporation shall be authorized to conduct in this
state any activities set forth in the application. Such authority shall
continue so long as the corporation retains its authority to conduct
such activities in the jurisdiction of its incorporation and its
authority to conduct activities in this state has not been surrendered,
suspended or annulled in accordance with law.
Upon filing by the department of state of the application for
authority the foreign corporation shall be authorized to conduct in this
state any activities set forth in the application. Such authority shall
continue so long as the corporation retains its authority to conduct
such activities in the jurisdiction of its incorporation and its
authority to conduct activities in this state has not been surrendered,
suspended or annulled in accordance with law.