Senate Bill No. 484
(By Senators Kessler, Hunter, Unger, Mitchell and Oliverio)
[Introduced February 15, 2000; referred to the
Committee on the Judiciary.]
A BILL to amend and reenact section thirteen, article one,
chapter thirty-one of the code of West Virginia, one
thousand nine hundred thirty-one, as amended, relating to
requiring a corporation registering with the secretary of
state to provide the names and addresses of each subsidiary
of the corporation and the corporation's parent corporation.
Be it enacted by the Legislature of West Virginia:
That section thirteen, article one, chapter thirty-one of
the code of West Virginia, one thousand nine hundred thirty-one,
as amended, be amended and reenacted to read as follows:
ARTICLE 1. BUSINESS AND NONPROFIT CORPORATIONS.
§31-1-13. Registered name.
Any corporation organized and existing under the laws of any
state or territory of the United States may register its
corporate name under this article, provided its corporate name
complies with the requirements of subdivision (3), subsection
(a), section eleven of this article.
Such registration shall be made by:
(a) Filing with the secretary of state: (1) An application
for registration executed by the corporation by an officer
thereof, setting forth the name of the corporation, the state or
territory under the laws of which it is incorporated, the date of
its incorporation, the names and addresses of each subsidiary of
the corporation and the corporation's parent corporation, a
statement that it is carrying on or doing business, and a brief
statement of the business in which it is engaged; and (2) a
certificate setting forth that such corporation is in good
standing under the laws of the state or territory wherein it is
organized, executed by the secretary of state of such state or
territory or by such other official as may have custody of the
records pertaining to corporations; and
(b) Paying to the secretary of state the registration fee
prescribed by section two, article one, chapter fifty-nine of this code.
Such registration shall be effective until the close of the
fiscal year in which the application for registration is filed.
NOTE: The purpose of this bill is to require a corporation
registering with the Secretary of State to provide the names and
addresses of each subsidiary of the corporation and the
corporation's parent corporation.
Strike-throughs indicate language that would be stricken
from the present law, and underscoring indicates new language
that would be added.