42-2-10. Penalties.
Any person who carries on, conducts, or transacts business under an assumed name
without having complied with the provisions of this chapter, and until the provisions of this
chapter are complied with:
(1) shall not sue, prosecute, or maintain any action, suit, counterclaim, cross complaint,
or proceeding in any of the courts of this state; and
(2) may be subject to a penalty in the form of a late filing fee determined by the division
director in an amount not to exceed three times the fees charged under Section 42-2-7 and
established under Section 63J-1-303.
Amended by Chapter 382, 2008 General Session
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Last revised: Wednesday, October 08, 2008