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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