Okla. Stat. tit. 18, § 18-441-1406

This is the official text of Okla. Stat. tit. 18, § 18-441-1406, part of Oklahoma’s Stat. tit. 18, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 18,." Browse the sections below, each linked to its official government source.

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Revocation of certificate of authority

Official statutory text

REVOCATION OF CERTIFICATE OF AUTHORITY.

(a) A certificate of authority may be revoked by the Secretary

of State in the manner provided in subsection (b) of this section if

the foreign cooperative does not:

(1) Pay, not later than sixty (60) days after the due date, any

fee, tax, or penalty due to the Secretary of State under the Uniform

Limited Cooperative Association Act of 2009 or law of this state

other than the Uniform Limited Cooperative Association Act of 2009;

(2) Deliver, not later than sixty (60) days after the due date,

its annual report;

(3) Appoint and maintain an agent for service of process; or

(4) Deliver for filing a statement of change not later than

thirty (30) days after a change has occurred in the name of the

agent or the address of the foreign cooperative’s designated office.

(b) To revoke a certificate of authority, the Secretary of

State must file a notice of revocation and send a copy to the

foreign cooperative’s registered agent for service of process in

this state or, if the foreign cooperative does not appoint and

maintain an agent for service of process in this state, to the

foreign cooperative’s principal office. The notice must state:

(1) The revocation’s effective date, which must be at least

sixty (60) days after the date the Secretary of State sends the

copy; and

(2) The foreign cooperative’s noncompliance that is the reason

for the revocation.

(c) The authority of a foreign cooperative to transact business

in this state ceases on the effective date of the notice of

revocation unless before that date the foreign cooperative cures

each failure to comply stated in the notice. If the foreign

cooperative cures the failures, the Secretary of State shall so

indicate on the filed notice.

Status: in_force · Read it on the official government site

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