§ 1313. Actions or special proceedings by unauthorized foreign

corporations.

(a) A foreign corporation conducting activities in this state without
authority shall not maintain any action or special proceeding in this
state unless and until such corporation has been authorized to conduct
activities in this state and it has paid to the state all fees,
penalties and franchise taxes, if any, for the years or parts thereof
during which it conducted activities in this state without authority.
This prohibition shall apply to any successor in interest of such
foreign corporation.

(b) The failure of a foreign corporation to obtain authority to
conduct activities in this state shall not impair the validity of any
contract or act of the foreign corporation or the right of any other
party to the contract to maintain any action or special proceeding
thereon, and shall not prevent the foreign corporation from defending
any action or special proceeding in this state.