2005 Idaho Code - 30-3-117 — CONSEQUENCES TO FOREIGN CORPORATION OF TRANSACTING BUSINESS WITHOUT AUTHORITY

                                  TITLE  30
                                 CORPORATIONS
                                  CHAPTER 3
                       IDAHO NONPROFIT CORPORATION ACT
    30-3-117.  CONSEQUENCES TO FOREIGN CORPORATION OF TRANSACTING BUSINESS
WITHOUT AUTHORITY. (1) A foreign corporation transacting business in this
state without a certificate of authority may not maintain a proceeding in any
court in this state until it obtains a certificate of authority.
    (2)  The successor to a foreign corporation that transacted business in
this state without a certificate of authority and the assignee of a cause of
action arising out of that business may not maintain a proceeding on that
cause of action in any court in this state until the foreign corporation or
its successor obtains a certificate of authority.
    (3)  A court may stay a proceeding commenced by a foreign corporation, its
successor, or assignee until it determines whether the foreign corporation or
its successor requires a certificate of authority.  If it so determines, the
court may further stay the proceeding until the foreign corporation or its
successor obtains the certificate.
    (4)  Notwithstanding subsections (1) and (2) of this section, the failure
of a foreign corporation to obtain a certificate of authority does not impair
the validity of its corporate acts or prevent it from defending any proceeding
in this state.