Every foreign corporation and every foreign association exercising any of the powers, franchises, or functions of a corporation in this state violating any of the provisions of this part 2 is denied the right and prohibited from doing any business in this state, and it is the duty of the attorney general to enforce this provision by bringing proper proceedings by injunction or otherwise. The secretary of state is authorized to revoke the license of any such corporation or association heretofore authorized to do business in this state.
Source: L. 2018: Entire article added with relocations, (SB 18-030), ch. 7, p. 92, § 2, effective October 1.
Editor's note: This section is similar to former § 12-6-209 as it existed prior to 2018.
Structure Colorado Code
Title 44 - Revenue - Regulation of Activities
Article 20 - Sale of Self-Propelled Vehicles
Part 2 - Antimonopoly Financing Law
§ 44-20-202. Exclusive Finance Agreements Void - When
§ 44-20-203. Threat Prima Facie Evidence of Violation
§ 44-20-204. Threat by Agent as Evidence of Violation
§ 44-20-205. Offering Consideration to Eliminate Competition
§ 44-20-206. Accepting Consideration to Eliminate Competition
§ 44-20-207. Recipient of Consideration Shall Not Buy Mortgages
§ 44-20-208. Quo Warranto Action
§ 44-20-209. Violation by Foreign Corporation - Penalty