Title 14, Chapter 3, Section 1520
( 14-3-1520)
(a) A foreign corporation authorized to transact business in this
state may not withdraw from this state until it obtains a
certificate of withdrawal from the Secretary of State. (b) A foreign corporation authorized to transact business in this
state may apply for a certificate of withdrawal by delivering an
application to the Secretary of State for filing. The application
must set forth: (1) The name of the foreign corporation and the name of the state
or country under whose law it is incorporated; (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 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 a copy of any process served on the
Secretary of State under paragraph (3) of this subsection may be
mailed under subsection (c) of this Code section; and (5) A commitment to notify the Secretary of State in the future of
any change in its mailing address. (c) After the withdrawal of the corporation is effective, service of
process on the Secretary of State under this Code section is service
on the foreign corporation. Any party that serves process upon the
Secretary of State in accordance with this subsection shall also
mail a copy of the process to the chief executive officer, chief
financial officer, or the secretary of the foreign corporation, or a
person holding a comparable position, at the mailing address set
forth under subsection (b) of this Code section. |