48-246-505 - Cancellation of certificate of authority following administrative revocation. - Tennessee Statutes

48-246-505. Cancellation of certificate of authority following administrative revocation.

(a)  When a foreign LLC, which has had its certificate of authority revoked, wishes to withdraw from the state, it may do so without first being reinstated by delivering to the secretary of state for filing a certificate of cancellation of authority following administrative revocation of the certificate of authority. The application shall set forth:

     (1)  The name of the foreign LLC and the date of revocation, its current name, if different, and the name of the jurisdiction under whose law it is organized;

     (2)  That it is not transacting business in this state and that it surrenders its authority to transact business in this state;

     (3)  That it either continues its registered agent in this state or revokes the authority of its registered agent to accept service on its behalf and appoints the secretary of state as its agent for service of process in any proceeding based on a cause of action arising during the time it was authorized to transact business in this state;

     (4)  A mailing address to which the secretary of state may mail a copy of any process served on the secretary of state under subdivision (a)(3); and

     (5)  A commitment to notify the secretary of state in the future of any change in its mailing address.

(b)  After cancellation of the certificate of authority of the foreign LLC, service of process on the secretary of state or the continued registered agent under this section is service on the foreign LLC. Upon receipt of process, the secretary of state shall mail a copy of the process to the foreign LLC at the mailing address set forth under subdivision (a)(4).

[Acts 1994, ch. 868, § 1.]