Section 304-D:18 Revocation of Certificate of Authority.
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    I. The registration of a foreign professional limited liability company may be revoked by the secretary of state if the foreign professional limited liability company fails to comply with any provision of this chapter applicable to it.
    II. Each licensing authority in this state shall certify to the secretary of state, from time to time, the names of all foreign professional limited liability companies which have given cause for revocation as provided in this chapter, together with the pertinent facts.
    III. When the secretary of state receives certification from a licensing authority that a foreign professional limited liability company has given cause for revocation of registration, the secretary of state shall notify the foreign professional limited liability company of the receipt of the certification. The secretary of state shall send a copy of the notice sent to the foreign professional limited liability company to the licensing authority. The licensing authority shall give the foreign professional limited liability company at least 60 days to correct the noncompliance which was the cause for revocation of registration. If the licensing authority notifies the secretary of state after the end of the 60-day period that the noncompliance has not been corrected, the secretary of state shall revoke the registration of the foreign professional limited liability company.
Source. 1993, 313:1, eff. July 1, 1993.