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49 Fla. L. Rev. 139 (1997)
Florida's Corporate Qualification Statute: Implications for Foreign Lenders

handle is hein.journals/uflr49 and id is 153 raw text is: FLORIDA'S CORPORATE QUALIFICATION STATUTE: IMPLICATIONS FOR FOREIGN LENDERS Conna Bond ** I. INTRODUC ON ............................. 139 II. FLORIDA'S QUALIFICATION STATUTE ............... 145 A. Brief History and Purpose .................. 145 B. Consequences of Noncompliance in Florida ...... 147 C. Constitutional Limitations ................... 150 Ill. APPLICATION OF THE STATUTE TO FOREIGN CORPORATE LENDERS ................... 154 A. Key Provisions ........................... 154 B. General Principles ........................ 155 1. Florida ................................ 155 2. Other Jurisdictions ....................... 158 IV. THE MYSTERY OF OFFICIAL COMMENT 6 TO SECTION 15.01 OF THE MODEL BuSINESS CORPORATION ACT ..................... 161 V. TRANSACTING BUSINESS: CONCEPTUAL DISTINCTIONS .. 164 VI. CONCLUSION ............................... 167 I. INTRODUCTION While a state may not impose conditions upon the right of corporations legally authorized by Congress to do business in the state or may not place unlawful burdens upon the interstate business of a foreign corporation lawfully in the state, yet the state may exclude foreign corporations or * To Vicki A. Ballou, Esq. ** The author is a former recipient of the George W. Milam Award for Best Comment from the Florida Law Review.

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