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Section 53-20-14 – Certificate of authority; revocation; causes.

A. The certificate of authority of a foreign business trust to transact business in this state may be revoked by the public regulation commission [secretary of state] pursuant to this section when: (1) the foreign business trust has failed to pay any fees prescribed by law when they become due and payable; (2) the foreign […]

Section 53-20-15 – Certificate of authority; revocation procedure.

A. Upon revoking a certificate of authority of a foreign business trust, the public regulation commission [secretary of state] shall: (1) issue a certificate of revocation in duplicate; (2) file one of the certificates in its office; and (3) mail to the foreign business trust at its registered office in this state a notice of […]

Section 53-20-16 – Consequences of transacting business without authority.

A. A foreign business trust transacting business in this state without a certificate of authority may not maintain a proceeding in any court in this state until it obtains a certificate of authority. B. The successor to a foreign business trust that transacted business in this state without a certificate of authority and the assignee […]

Section 53-20-17 – Fees.

The secretary of state shall charge and collect from a foreign business trust for: A. filing a statement of change of address of registered office or change of registered agent, or both, twenty-five dollars ($25.00); B. filing an application of a foreign business trust for a certificate of authority to transact business in this state […]

Section 53-20-7 – Issuance of certificate of authority.

A. If the public regulation commission [secretary of state] finds that the application for a certificate of authority meets the requirements of the Foreign Business Trust Registration Act and the requisite fees have been paid, it shall: (1) endorse on the original the word “filed” and the month, day and year of the filing; (2) […]

Section 53-20-8 – Changes and amendments.

If a statement in the application for certificate of authority of a foreign business trust was false when made or any arrangements or other facts described have changed, making the application inaccurate in any respect, the foreign business trust shall promptly file with the public regulation commission [secretary of state] a certificate, signed by an […]

Section 53-20-11 – Service of process.

A. The registered agent appointed by a foreign business trust authorized to transact business in this state shall be an agent of the foreign business trust upon whom may be served any process, notice or demand required or permitted by law to be served upon the foreign business trust. B. A foreign business trust may […]

Section 53-20-12 – Certificate of withdrawal; application and filing.

A. A foreign business trust authorized to transact business in this state may withdraw from this state upon obtaining from the public regulation commission [secretary of state] a certificate of withdrawal. To obtain the certificate, the foreign business trust shall deliver to the commission [secretary of state] an application for withdrawal. The application shall set […]