16-6a-1516. Procedure for and
effect of revocation.
(1) If the division determines that one or more grounds
exist under Section 16-6a-1515 for
revoking the authority of a foreign nonprofit corporation to conduct affairs in
this state, the division shall mail to the foreign nonprofit corporation with
written notice of the division's determination stating the grounds.
(2) (a) If the foreign nonprofit corporation does not
correct each ground for revocation or demonstrate to the reasonable
satisfaction of the division that each ground determined by the division does
not exist, within 60 days after mailing of the notice under Subsection (1), the
division shall revoke the foreign nonprofit corporation's authority to conduct
affairs in this state.
(b) If a foreign nonprofit corporation's authority to
conduct affairs in this state is revoked under Subsection (2)(a), the division
shall:
(i) mail a
written notice of the revocation to the foreign nonprofit corporation stating
the effective date of the revocation; and
(ii) mail
a copy of the notice to:
(A)
the last registered agent of the foreign nonprofit corporation; or
(B)
if there is no registered agent of record, at least one officer of the
corporation.
(3) The authority of a foreign nonprofit corporation to
conduct affairs in this state ceases on the date shown on the division's
certificate revoking the foreign nonprofit corporation's certificate of
authority.
(4) Revocation of a foreign nonprofit corporation's
authority to conduct affairs in this state does not terminate the authority of
the registered agent of the foreign nonprofit corporation.
(5) A notice mailed under this section shall be:
(a) mailed first class, postage prepaid; and
(b) addressed to the most current mailing address
appearing on the records of the division for:
(i) the
registered agent of the nonprofit corporation, if the notice is required to be
mailed to the registered agent; or
(ii) the
officer of the nonprofit corporation that is mailed the notice if the notice is
required to be mailed to an officer of the nonprofit corporation.
Amended by Chapter 386, 2009 General Session