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SECTION 1305

Application for authority; effect

Business Corporation (BSC) CHAPTER 4, ARTICLE 13

§ 1305. Application for authority; effect.

Upon filing by the department of state of the application for
authority the foreign corporation shall be authorized to do in this
state any business set forth in the application. Such authority shall
continue so long as it retains its authority to do such business in the
jurisdiction of its incorporation and its authority to do business in
this state has not been surrendered, suspended or annulled in accordance
with law.