Under existing law, foreign entities (non-Alabama entities) are required to register with the Secretary of State to transact business in this state prior to maintaining any proceeding in any court in this state. Existing law purports to void contracts and agreements made or entered into in this state by a foreign corporation prior to registration. For other foreign entities, such as limited liability companies and limited partnerships, the failure to register does not impair the validity of its contracts or actions.
This bill would provide foreign corporations with the same obligations, rights, and consequences as other foreign entities related to transacting business without registring.
Delivered to Governor at 5:24 p. m. on May 2, 2012.
Assigned Act No. 2012-304 on 05/09/2012.
Enrolled
Signature Requested
Clerk of the House Certification
Concurred in Second House Amendment
DeMarco motion to Concur In and Adopt adopted Roll Call 1164
Concurrence Requested
Motion to Read a Third Time and Pass adopted Roll Call 876
Marsh motion to Adopt adopted Roll Call 875
Constitution, Campaign Finance, Ethics, and Elections Amendment Offered
Third Reading Passed
Read for the second time and placed on the calendar 1 amendment
Re-referred to Committee on Constitution, Campaign Finance, Ethics, and Elections.
Read for the first time and referred to the Senate committee on Business and Labor
Motion to Read a Third Time and Pass adopted Roll Call 364
Third Reading Passed
Read for the second time and placed on the calendar
Read for the first time and referred to the House of Representatives committee on Constitution, Campaigns and Elections
Source: Alabama Legislature