Utah § 10a-1531 - Procedure for and effect of revocation. (Repealed 10/1/2026)
Full text of Utah Utah Code § 10a-1531 — Procedure for and effect of revocation. (Repealed 10/1/2026), with citation guidance and answers to common questions.
§ 10a-1531. Procedure for and effect of revocation. (Repealed 10/1/2026)
Repealed 10/1/2026 16-10a-1531.
Procedure for and effect of revocation.
(1)
If the division determines that one or more grounds exist under Section 16-10a-1530 for revoking the authority of a foreign corporation to transact business in this state, the division shall mail to the foreign corporation written notice of:
(a)
the division's determination that one or more grounds exist for revocation; and
(b)
the grounds for revocation.
(2)
(a)
If the foreign corporation does not correct each ground for revocation or demonstrate to the reasonable satisfaction of the division that each ground determined by the division does not exist, within 60 days after mailing the notice under Subsection (1), the division shall revoke the foreign corporation's authority to transact business in this state.
(b)
If a foreign corporation's authority to transact business in this state is revoked under Subsection (2)(a), the division shall mail to the foreign corporation written notice of:
(i)
revocation; and
(ii)
the effective date of the revocation.
(c)
The division shall mail a copy of the notice to:
(i)
the last registered agent of the foreign corporation; or
(ii)
if there is no registered agent of record, at least one officer of the corporation.
(3)
The authority of a foreign corporation to transact business in this state ceases on the date shown on the division's certificate revoking the corporation's certificate of authority.
(4)
Revocation of a foreign corporation's authority to transact business in this state does not terminate the authority of the registered agent of the corporation.
(5)
A notice mailed under this section shall be:
(a)
mailed first-class, postage prepaid; and
(b)
addressed to the most current mailing address appearing on the records of the division for:
(i)
the registered agent of the foreign corporation, if the notice is required to be mailed to the registered agent; or
(ii)
the officer of the foreign corporation that is mailed the notice, if the notice is required to be mailed to an officer of the foreign corporation.
Repealed by Chapter 93, 2026 General Session Amended by Chapter 386, 2009 General Session
Section 10a-1531 ("Procedure for and effect of revocation. (Repealed 10/1/2026)") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Utah § 10a-1531?
A common citation format is "Utah Code § 10a-1531" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Utah law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.
How does Utah § 10a-1531 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.
