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| Sec. 30. 31 MRSA §498, sub-§2, as amended by PL 2003, c. 344, Pt. C, §§11 | and 12 and affected by §80, is repealed. |
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| | Sec. 31. 31 MRSA §§498-A to 498-C are enacted to read: |
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| §498-A.__Grounds for revocation |
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| | Notwithstanding Title 4, chapter 5 and Title 5, chapter 375, | the Secretary of State may commence a proceeding under section | 498-B to revoke the authority of a foreign limited partnership | authorized to transact business in this State if: |
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| | 1.__Nonpayment of fees or penalties.__The foreign limited | partnership does not pay when they are due any fees or penalties | imposed by this Act or other law; |
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| | 2.__Failure to file annual report.__The foreign limited | partnership does not deliver its annual report to the Secretary | of State as required by section 529; |
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| | 3.__Failure to pay late filing penalty.__The foreign limited | partnership does not pay the annual report late filing penalty as | required by section 530; |
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| | 4.__Failure to maintain registered agent or registered office.__ | The foreign limited partnership fails to appoint or maintain a | registered agent or registered office in this State as required | by section 494; |
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| | 5.__Failure to notify of change of registered agent or | registered office.__The foreign limited partnership does not | notify the Secretary of State that its registered agent or | registered office has been changed or that its registered agent | has resigned as required by section 494; |
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| | 6.__Filing of false information.__A general partner, limited | partner or agent of the foreign limited partnership signed a | document with the knowledge that the document was false in a | material respect and with the intent that the document be | delivered to the Secretary of State for filing; |
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| | 7.__Amended application.__The foreign limited partnership | fails to file with the Secretary of State an amended application | for authority required by section 495; or |
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| | 8.__Authenticated certificate of cancellation or merger.__The | Secretary of State receives a duly authenticated certificate from | the secretary of state or other official having custody of | limited partnership records in the state or country under whose |
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