Section 1313. Actions or special proceedings by unauthorized foreign corporations  


Latest version.
  • (a)  A foreign corporation conducting activities in this state without
      authority shall not maintain any action or special  proceeding  in  this
      state  unless  and until such corporation has been authorized to conduct
      activities in this state  and  it  has  paid  to  the  state  all  fees,
      penalties  and  franchise  taxes, if any, for the years or parts thereof
      during which it conducted activities in this  state  without  authority.
      This  prohibition  shall  apply  to  any  successor  in interest of such
      foreign corporation.
        (b)   The failure of a foreign  corporation  to  obtain  authority  to
      conduct  activities  in  this state shall not impair the validity of any
      contract or act of the foreign corporation or the  right  of  any  other
      party  to  the  contract  to  maintain  any action or special proceeding
      thereon, and shall not prevent the foreign  corporation  from  defending
      any action or special proceeding in this state.