Violation by foreign corporation - penalty.

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Every foreign corporation and every foreign association exercising any of the powers, franchises, or functions of a corporation in this state violating any of the provisions of this part 2 is denied the right and prohibited from doing any business in this state, and it is the duty of the attorney general to enforce this provision by bringing proper proceedings by injunction or otherwise. The secretary of state is authorized to revoke the license of any such corporation or association heretofore authorized to do business in this state.

Source: L. 2018: Entire article added with relocations, (SB 18-030), ch. 7, p. 92, § 2, effective October 1.

Editor's note: This section is similar to former § 12-6-209 as it existed prior to 2018.


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