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Searching 2017-2018 Session

The Vermont Statutes Online

Title 11A : Vermont Business Corporations

Chapter 015 : FOREIGN CORPORATIONS

Subchapter 003 : TERMINATION OF CERTIFICATE OF AUTHORITY

(Cite as: 11A V.S.A. § 15.32)
  • § 15.32. Appeal from involuntary termination

    (a) If the Secretary of State does not cancel the termination of a certificate of authority of a foreign corporation pursuant to section 15.30 of this title, such foreign corporation may appeal the Secretary of State's termination of its certificate of authority to the Superior Court in Washington County or in the county in which the foreign corporation's principal office in Vermont is located within 90 days after service of the notice of such termination is perfected under section 15.10 of this title. The foreign corporation appeals by petitioning the Court to set aside the termination and attaching to the petition copies of its certificate of authority and the Secretary of State's notice of termination.

    (b) The Court may summarily order the Secretary of State to reinstate the certificate of authority or may take any other action the court considers appropriate.

    (c) The Court's final decision may be appealed as in other civil proceedings. (Added 1993, No. 85, § 2, eff. Jan. 1, 1994.)