Section 23B.15.050 - Effect of registration-Right of state to terminate-Governing law(1) A registered foreign corporation may transact business in this state subject, however, to the right of the state to terminate the registration as provided in Article 5 of chapter 23.95 RCW.(2) A foreign corporation registered to transact business in this state is subject to RCW 23.95.500 relating to the effect of registration and the governing law for registered foreign corporations.Amended by 2015 c 176,§ 2134, eff. 1/1/2016.Effective date-Contingent effective date- 2015 c 176 : See note following RCW 23.95.100.