A foreign nonprofit corporation authorized to transact business or conduct activities in this state on June 30, 1998, is subject to articles 121 to 137 of this title but is not required to obtain new authorization to transact business or conduct activities under said articles.
Source: L. 97: Entire article added, p. 751, § 3, effective July 1, 1998. L. 2003: Entire section amended, p. 2353, § 339, effective July 1, 2004.