355.811. Procedure, effect of revocation. - Missouri Statutes

Procedure, effect of revocation.

355.811. 1. The secretary of state upon determining that one or moregrounds exist under section 355.806 for revocation of a certificate ofauthority shall serve the foreign corporation with written notice of thatdetermination under section 355.796.

2. The attorney general upon determining that one or more groundsexist under subsection 2 of section 355.806 for revocation of a certificateof authority shall request the secretary of state to serve, and thesecretary of state shall serve the foreign corporation with written noticeof that determination under section 355.796.

3. If the foreign corporation does not correct each ground forrevocation or demonstrate to the reasonable satisfaction of the secretaryof state or attorney general that each ground for revocation determined bythe secretary of state or attorney general does not exist within sixty daysafter service of the notice is perfected under section 355.796, thesecretary of state may revoke the foreign corporation's certificate ofauthority by signing a certificate of revocation that recites the ground orgrounds for revocation and its effective date. The secretary of stateshall file the original of the certificate and serve a copy on the foreigncorporation under section 355.796.

4. The authority of a foreign corporation to transact business inthis state ceases on the date shown on the certificate revoking itscertificate of authority.

5. The secretary of state's revocation of a foreign corporation'scertificate of authority appoints the secretary of state the foreigncorporation's agent for service of process in any proceeding based on acause of action which arose during the time the foreign corporation wasauthorized to transact business in this state. Service of process on thesecretary of state under this subsection is service on the foreigncorporation. Upon receipt of process, the secretary of state shall mail acopy of the process to the secretary of the foreign corporation at itsprincipal office shown in its most recent corporate registration report orin any subsequent communications received from the corporation stating thecurrent mailing address of its principal office, or, if none are on file,in its application for a certificate of authority.

6. Revocation of a foreign corporation's certificate of authoritydoes not terminate the authority of the registered agent of thecorporation.

(L. 1994 H.B. 1095, A.L. 2009 H.B. 481)