47-27-36. Notice and procedure for revocation--Time for notice--Corrective action by corporation. No certificate of authority of a foreign corporation shall be revoked by the secretary of state unless:
(1) He shall have given the corporation not less than sixty days' notice thereof by mail addressed to its registered office in this state; and
(2) The corporation shall fail prior to revocation to file such annual report, or pay such fees or penalties, or file the required statement or change of registered agent, or file such articles of amendment or articles of merger, or correct such misrepresentation.Source: SL 1965, ch 24, § 80.