| | ground determined by the Secretary of State does not exist | | corporation's authority is revoked if within 60 days after | service of | perfected under section 1510,may revoke | the foreign corporation's authority to transact business in this | State by issuing a notice of revocation | | foreign corporation has failed to correct the ground or grounds | | for revocation.__The Secretary of State shall send notice to the | | foreign corporation at its last registered office address in this | | State and to its last registered or principal office address in | | its jurisdiction of incorporation that recites the ground or | grounds for revocation and its | | The Secretary of State shall follow the procedures set forth in | | section 1510 when issuing the notice of revocation. |
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| | | Sec. 32. 13-C MRSA §1532, sub-§4, as enacted by PL 2001, c. 640, Pt. | | A, §2 and affected by Pt. B, §7, is amended to read: |
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| | | 4. Secretary of State appointed as agent for service of | | process. The Secretary of State's revocation of a foreign | | corporation's authority appoints the Secretary of State as the | | foreign corporation's agent for service of process in any | | proceeding based on a cause of action that arose during the time | | the foreign corporation was authorized to transact business in | | this State. Service of process on the Secretary of State under | | this subsection is service on the foreign corporation. Upon | | receipt of process, the Secretary of State shall mail a copy of | the process to the secretary | | corporation at its principal office shown in its most recent | | annual report or in any subsequent communication received from | | the corporation stating the current mailing address of its | | principal office or, if no other address is on file, in its | | application for authority. |
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| | | Sec. 33. 13-C MRSA §1532, sub-§6, as enacted by PL 2001, c. 640, Pt. | | A, §2 and affected by Pt. B, §7, is amended to read: |
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| | | 6. Authorization after revocation. A foreign corporation | | whose authority to transact business in this State has been | revoked under section 1531 | | again in this State must be authorized as provided in this | | chapter. |
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| | | Sec. 34. 13-C MRSA §1622, sub-§1, as enacted by PL 2001, c. 640, Pt. | | A, §2 and affected by Pt. B, §7, is amended to read: |
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| | | 1. Penalty. A domestic or foreign corporation required to | | deliver an annual report for filing as provided by section 1621 | | that fails to deliver its properly completed annual report to the | | Secretary of State shall pay, in addition to the regular annual |
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