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If the Secretary of State finds that the application for certificate of authority meets the requirements of this chapter and requisite fees as provided in Section 79-16-33, Mississippi Code of 1972, have been paid, he shall:

Endorse on the original the word “filed” and the month, day and year of the filing thereof;

File in his office the original of the application; and

Issue a certificate of authority to transact business in this state to which he shall affix a copy of the application.

The certificate of authority, together with a copy of the application affixed thereto by the Secretary of State, shall be returned to the business trust or its representative.