The application for withdrawal shall be delivered to the secretary of state. If the secretary of state finds that such application conforms to the provisions of this chapter, the secretary shall, when all fees due the secretary have been paid as in this chapter prescribed:
1. Endorse on each of such duplicate originals the word "Filed", and the month, day and year of the filing thereof.
2. File one of such duplicate originals in the secretary of state's office.
3. Issue a certificate of withdrawal to which the secretary of state shall affix the other duplicate original.
The certificate of withdrawal, together with the duplicate original of the application for withdrawal affixed thereto by the secretary of state, shall be returned to the corporation or its representative. Upon the issuance of such certificate of withdrawal, the authority of the corporation to conduct affairs in this state shall cease.
[C66, 71, 73, 75, 77, 79, 81, § 504A.79]
89 Acts, ch 171, §8
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