§ 17-16-1530 — Grounds for revocation

Wyoming § 17-16-1530

• Jurisdiction: Wyoming
• Title 17: Corporations, Partnerships and Associations
• Ch. 16: WYOMING BUSINESS CORPORATION ACT
• Art. 15: FOREIGN CORPORATIONS

Text

(a) The secretary of state may commence a proceeding under
W.S. 17-16-1531 to revoke the certificate of authority of a
foreign corporation authorized to transact business in this
state if:
(i) The corporation does not deliver its annual
reports or pay the annual license taxes to the secretary of
state when due pursuant to W.S. 17-16-1630;
(ii) Reserved;
(iii) The foreign corporation is without a registered
agent or registered office in this state;
(iv) The foreign corporation does not inform the
secretary of state under W.S. 17-28-102 or 17-28-103 that its
registered agent or registered office has changed, that its
registered agent has resigned, or that its registered office has
been discontinued within thirty (30) days of the change,
resignation or discontinuance;
(v) An incorporator, director, officer or agent of
the foreign corporation signed a document he knew was false in
any material respect with intent that the document be delivered
to the secretary of state for filing;
(vi) Reserved;
(vii) The corporation has failed to respond to a
valid and enforceable subpoena; or
(A) Has provided fraudulent information or has
failed to correct false information upon request of the
secretary of state on any filing under this act with the
secretary of state; or
(B) Cannot be served either by the registered
agent or by mail or electronically by the secretary of state
acting as the agent for process.
(viii) It is in the public interest and the
corporation:
(A) Has provided fraudulent information or has
failed to correct false information upon request of the
secretary of state on any filing under this act with the
secretary of state;
(B) Cannot be served either by the registered
agent or by mail or electronically by the secretary of state
acting as the agent for process;
(C) Is owned or controlled by a foreign
government or foreign nongovernment person determined to be a
foreign adversary by the United States secretary of commerce and
specified in 15 C.F.R. 791.4(a) or a successor regulation,
except if the ownership or control has been approved by the
committee on foreign investment in the United States; or
(D) Has provided false or fraudulent information
to the registered agent, as determined by the secretary of state
during or following an examination of records pursuant to W.S.
17-28-108 or following notification by the registered agent.
(ix) The foreign corporation has failed to pay any
penalties imposed under W.S. 17-28-109.
(b) Prior to commencing a proceeding under W.S. 17-16-1531
the secretary of state may classify a foreign corporation as
delinquent awaiting administrative revocation if the foreign
corporation meets any of the criteria in subsection (a) of this
section.