2005 Idaho Code - 30-3-126 — WITHDRAWAL OF FOREIGN CORPORATION

                                  TITLE  30
                                 CORPORATIONS
                                  CHAPTER 3
                       IDAHO NONPROFIT CORPORATION ACT
    30-3-126.  WITHDRAWAL OF FOREIGN CORPORATION. (1) A foreign corporation
authorized to transact business in this state may withdraw from this state
upon procuring from the secretary of state a certificate of withdrawal.  In
order to procure such certificate of withdrawal, such foreign corporation
shall deliver to the secretary of state an application for withdrawal, which
shall set forth:
    (a)  The name of the corporation and the state or country under the laws
    of which it is incorporated;
    (b)  That the corporation is not transacting business in this state;
    (c)  That the corporation surrenders its authority to transact business in
    this state;
    (d)  That the corporation revokes the authority of its registered agent in
    this state to accept service of process and consents that service of
    process in any action, suit or proceeding based upon any cause of action
    arising in this state during the time the corporation was authorized to
    transact business in this state may thereafter be made on such corporation
    by service thereon in the manner provided in section 30-3-125, Idaho Code;
    (e)  A post-office address to which a copy of any process against the
    corporation may be served on it pursuant to the provisions of section
    30-3-125, Idaho Code; and
    (f)  Such additional information as may be necessary or appropriate in
    order to enable the secretary of state to determine and assess any unpaid
    fees payable by such foreign corporation as in this act prescribed.
    The application for withdrawal shall be made on forms prescribed and
furnished by the secretary of state and shall be executed by the corporation
by its president or a vice president and by its secretary or an assistant
secretary, and verified by one (1) of the officers signing the application,
or, if the corporation is in the hands of a receiver or trustee, shall be
executed on behalf of the corporation by such receiver or trustee and verified
by him.
    (2)  Duplicate originals of such application for withdrawal shall be
delivered to the secretary of state.  If the secretary of state finds that
such application conforms to the provisions of this act, he shall, when all
fees have been paid as in this act prescribed:
    (a)  Endorse on each of such duplicate originals the word "Filed," and the
    month, day and year of the filing thereof.
    (b)  File one (1) of such duplicate originals in his office.
    (c)  Issue a certificate of withdrawal to which he shall affix the other
    duplicate original.
    The certificate of withdrawal, together with the duplicate original of the
application for withdrawal affixed thereto by the secretary of state, shall be
returned to the corporation or its representative.  Upon the issuance of such
certificate of withdrawal, the authority of the corporation to transact
business in this state shall cease.