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§18-1137.


§18-1137.
   
          ACTIONS BY AND AGAINST UNQUALIFIED FOREIGN CORPORATIONS
                                      
   A. A foreign corporation which is required to comply with the
   provisions of Sections 130 and 131 of this act and which has done
   business in this state without authority shall not maintain any action
   or special proceeding in this state unless and until such corporation
   has been authorized to do business in this state and has paid to the
   state all fees, penalties and franchise taxes for the years or parts
   thereof during which it did business in this state without authority.
   This prohibition shall not apply to any successor in interest of such
   foreign corporation.
   
   B. The failure of a foreign corporation to obtain authority to do
   business in this state shall not impair the validity of any contract
   or act of the foreign corporation or the right of any other party to
   the contract to maintain any action or special proceeding thereon, and
   shall not prevent the foreign corporation from defending any action or
   special proceeding in this state.
   

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