Vermont Statutes Title 11 Sec. 4118
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Terms Used In Vermont Statutes Title 11 Sec. 4118
- Business: includes every trade, occupation, profession, and other lawful purpose, whether or not carried on for profit. See
- Foreign limited liability company: means an unincorporated entity organized under laws, other than the laws of this State, which afford limited liability to its owners comparable to the liability under section 4042 of this title. See
- Service of process: The service of writs or summonses to the appropriate party.
- State: means a state of the United States, the District of Columbia, the Commonwealth of Puerto Rico, or any territory or insular possession subject to the jurisdiction of the United States. See
§ 4118. Cancellation of authority
A foreign limited liability company may cancel its authority to transact business in this State by filing a certificate of cancellation with the Secretary of State. Cancellation does not terminate the authority of the Secretary of State to accept service of process on the company for claims arising out of the transactions of business in this State. (Added 2015, No. 17, § 2.)