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§ 31d-15-1505 — West Virginia Law | CourtGPT
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  4. Chapter 31d - West Virginia Business Corporation Act/
  5. Article 15 - Foreign Corporations§31d-15-1501. Authority to Transact Business and Jurisdiction Over Foreign Corporations/
  6. § 31d-15-1505
West Virginia Legal Code

§ 31d-15-1505

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(a) A certificate of authority authorizes the foreign corporation to which it is issued to transact business in this state subject to the right of the state to revoke the certificate as provided in this chapter.(b) A foreign corporation with a valid certificate of authority has the same rights and has the same privileges as, and except as otherwise provided by this chapter is subject to the same duties, restrictions, penalties and liabilities as, a domestic corporation of like character.(c) This chapter does not authorize this state to regulate the organization or internal affairs of a foreign corporation authorized to transact business in this state.