US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

§ 46-3-450. Requirement of Obtaining Certificate of Authority by Foreign Electric Cooperative; Applicability of State Laws Generally; Acts Not Constituting Transaction of Business in This State

No foreign electric cooperative shall have the right to transact business in this state until it shall have procured a certificate of authority to do so from the Secretary of State. No foreign electric cooperative shall be entitled to procure a certificate of authority under this article to transact in this state any business which […]

§ 46-3-452. Name of Foreign Electric Cooperative

No certificate of authority shall be issued to a foreign electric cooperative unless the corporate name shall be written in Roman or cursive letters or Arabic or Roman numbers and: Shall contain the word “cooperative,” “corporation,” “company,” “incorporated,” or “limited,” or shall contain an abbreviation of one of such words; Shall not contain any word […]

§ 46-3-453. Change of Name by Foreign Electric Cooperative

Whenever a foreign electric cooperative which is authorized to transact business in this state changes its name, such foreign electric cooperative shall, within 30 days after such change becomes effective, file an application for an amended certificate of authority in accordance with Code Section 46-3-462. If the foreign electric cooperative fails to file this application […]

§ 46-3-454. Contents of Application for Certificate of Authority; Submission of Consent to Appointment as Registered Agent; Execution of Application by Officers of Foreign Electric Cooperative

A foreign electric cooperative, in order to procure a certificate of authority to transact business in this state, shall make application therefor to the Secretary of State, which application shall set forth: The name of the foreign electric cooperative and the jurisdiction under the laws of which it is incorporated; If the name of the […]

§ 46-3-456. Effect of Certificate of Authority

Upon the issuance of a certificate of authority by the Secretary of State, the foreign electric cooperative shall be authorized to transact business in this state for those purposes set forth in its application. Such authority shall continue so long as the foreign electric cooperative retains its authority to do such business in its jurisdiction […]

§ 46-3-457. Designation of Registered Office and Registered Agent of Foreign Electric Cooperative; Maintenance by Secretary of State of Offices and Agents; Consent to Appointment as Agent

Each foreign electric cooperative authorized to transact business in this state shall have and continuously maintain in this state: A registered office which may be, but need not be, the same as its place of business in this state; and A registered agent, which agent may be a natural person resident in this state whose […]

§ 46-3-461. Effect of Merger Whereby Foreign Electric Cooperative Is Surviving Entity

Whenever a foreign electric cooperative authorized to transact business in this state is a party to a statutory merger permitted by the laws of its jurisdiction of incorporation and such foreign electric cooperative is the surviving entity, it shall, within 30 days after such merger becomes effective, file with the Secretary of State a copy […]

§ 46-3-462. Amending of Certificate of Authority

A foreign electric cooperative authorized to transact business in this state shall make application to the Secretary of State for an amended certificate of authority within 30 days after it: Changes its corporate name; or Enlarges, limits, or otherwise changes the purpose or purposes which it proposes to pursue in the transaction of business in […]

§ 46-3-463. Contents of Application for Withdrawal; Execution of Application and Attestation by Officers; Obtaining of Certificate From State Revenue Commissioner

A foreign electric cooperative authorized to transact business in this state may withdraw from this state upon procuring from the Secretary of State a certificate of withdrawal. In order to procure such certificate of withdrawal, the foreign electric cooperative shall deliver to the Secretary of State an application for withdrawal, which shall set forth: The […]

§ 46-3-464. Filing of Application for Withdrawal; Issuance of Certificate of Withdrawal; Time of Cessation of Authority to Transact Business

The application for withdrawal shall be delivered to the Secretary of State for filing as provided in Code Section 46-3-174. Upon filing the application, the Secretary of State shall issue and deliver to the foreign electric cooperative or its representative a certificate of withdrawal. Upon the issuance of such certificate of withdrawal, the authority of […]

§ 46-3-465. Effect of Termination of Existence of Foreign Electric Cooperative

When a foreign electric cooperative authorized to transact business in this state is dissolved or its authority or existence is otherwise terminated or canceled in its jurisdiction of incorporation, or when such foreign electric cooperative is merged into or consolidated with another foreign electric cooperative, the foreign electric cooperative or its successor, receiver, or trustee […]

§ 46-3-468. Application for Reinstatement of Certificate of Authority

A foreign electric cooperative whose certificate of authority has been revoked by the Secretary of State under the conditions prescribed by Code Section 46-3-466 shall be reinstated by the Secretary of State by the issuance of a certificate of reinstatement. The certificate of reinstatement may be issued at any time within five years from the […]

§ 46-3-469. Transacting Business Without Certificate of Authority

A foreign electric cooperative that is required under this article to obtain a certificate of authority but fails to do so shall be liable to this state for the years or parts thereof during which it transacted business in this state without a certificate of authority, in an amount equal to all fees which would […]