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Business Organizations Law

University of Michigan Law School

1914

Interstate commerce

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Full-Text Articles in Law

Interstate Commerce And State Control Over Foreign Corporations, Ralph W. Aigler Jan 1914

Interstate Commerce And State Control Over Foreign Corporations, Ralph W. Aigler

Articles

Since Bank of Augusta v. Earle, 13 Pet. 519, there seems to have been no real occasion to doubt the power of a state totally to exclude foreign corporations seeking to engage in intrastate business only. The power to exclude being absolute, there has been no question as to the right of the state to allow the entrance of the foreign corporation for such business upon terms, and the terms may be of any sort, reasonable or unreasonable, except that the corporation seeking to enter cannot as a condition precedent to such entry be required to surrender a right or …