2010 Pennsylvania Code
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 41 - Foreign Business Corporations
4129 - Application for termination of authority.

     § 4129.  Application for termination of authority.
        (a)  General rule.--Any qualified foreign business
     corporation may withdraw from doing business in this
     Commonwealth and surrender its certificate of authority by
     filing in the Department of State an application for termination
     of authority, executed by the corporation, which shall set
     forth:
            (1)  The name of the corporation and, subject to section
        109 (relating to name of commercial registered office
        provider in lieu of registered address), the address,
        including street and number, if any, of its last registered
        office in this Commonwealth.
            (2)  The name of the jurisdiction under the laws of which
        it is incorporated.
            (3)  The date on which it received a certificate of
        authority to do business in this Commonwealth.
            (4)  A statement that it surrenders its certificate of
        authority to do business in this Commonwealth.
            (5)  A statement that notice of its intention to withdraw
        from doing business in this Commonwealth was mailed by
        certified or registered mail to each municipal corporation in
        which the registered office or principal place of business of
        the corporation in this Commonwealth is located, and that the
        official publication required by subsection (b) has been
        effected.
            (6)  The post office address, including street and
        number, if any, to which process may be sent in an action or
        proceeding upon any liability incurred before the filing of
        the application for termination of authority.
        (b)  Advertisement.--A qualified foreign business corporation
     shall, before filing an application for termination of
     authority, officially publish and mail a notice of its intention
     to withdraw from doing business in this Commonwealth in a manner
     similar to that required by section 1975(b) (relating to notice
     to creditors and taxing authorities). The notice shall set forth
     briefly:
            (1)  The name of the corporation and the jurisdiction
        under the laws of which it is incorporated.
            (2)  The address, including street and number, if any, of
        its principal office under the laws of its jurisdiction of
        incorporation.
            (3)  Subject to section 109, the address, including
        street and number, if any, of its last registered office in
        this Commonwealth.
        (c)  Filing.--The application for termination of authority
     and the certificates or statement required by section 139
     (relating to tax clearance of certain fundamental transactions)
     shall be filed in the department. See section 134 (relating to
     docketing statement).
        (d)  Effect of filing.--Upon the filing of the application
     for termination of authority, the authority of the corporation
     to do business in this Commonwealth shall cease. The termination
     of authority shall not affect any action or proceeding pending
     at the time thereof or affect any right of action arising with
     respect to the corporation before the filing of the application
     for termination of authority. Process against the corporation in
     an action upon any liability incurred before the filing of the
     application for termination of authority may be served as
     provided in 42 Pa.C.S. Ch. 53 (relating to bases of jurisdiction
     and interstate and international procedure) or as otherwise
     provided or prescribed by law.
     (Dec. 19, 1990, P.L.834, No.198, eff. imd.)

        1990 Amendment.  Act 198 amended subsec. (a).
        Cross References.  Section 4129 is referred to in section
     4127 of this title.