Change of name to prohibited name--Suspension of certificate of authority.

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47-27-9. Change of name to prohibited name--Suspension of certificate of authority.

Whenever a foreign corporation which is authorized to conduct affairs in this state shall change its name to one under which a certificate of authority would not be granted to it on application therefor, the certificate of authority of such corporation shall be suspended and it shall not thereafter do or engage in any business in this state until it has changed its name to a name which is available to it under the laws of this state.

Source: SL 1965, ch 24, §68.


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