When does the Secretary of State revoke a foreign entity’s authority to transact business in Colorado?
Prior to October 1st, 2005, the Colorado Secretary of State commenced a proceeding to revoke the authority of a foreign business entity transacting business in the state of Colorado under six different circumstances. The two most common reasons for revocation of authority are the failure of the entity to deliver its annual report to the Secretary of State and the failure to appoint a registered agent following the resignation of a prior registered agent. Entities are given 60 days to appoint a new registered agent after the resignation of a prior agent.
Related Questions
- What must a foreign entity do in order to reinstate its authority to transact business in Colorado when its authority to do so has been revoked by the Secretary of State?
- If a foreign entity authorized to transact business in Colorado merges with another foreign entity, how can the entity record the merger in the state of Colorado?
- When does the Secretary of State revoke a foreign entity’s authority to transact business in Colorado?
