Rhode Island General Laws 7-6-76. Effect of certificate of authority by foreign corporation
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Upon the issuance of a certificate of authority by the secretary of state, the corporation is authorized to conduct affairs in this state for those purposes set forth in its application, subject, however, to the right of the state to suspend or to revoke the authority as provided in this chapter.
History of Section.
P.L. 1984, ch. 380, § 1; P.L. 1984, ch. 444, § 1; P.L. 2017, ch. 9, § 1; P.L. 2017, ch. 20, § 1.
Terms Used In Rhode Island General Laws 7-6-76
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.