Section 10.50.675. Conducting affairs without registration.

   (a) A foreign limited liability company conducting affairs in this state may not maintain an action or other proceeding in a court of this state until it has registered in this state.
   (b) The failure of a foreign limited liability company to register in this state does not
        (1) impair the validity of a contract or act of the company;
        (2) affect the right of another party to a contract of the company to maintain an action or proceeding on the contract; or
        (3) prevent the company from defending an action or other proceeding in a court of this state.

Notes

History

(Sec. 1 ch 99 SLA 1994)