Rochester Capital Leasing Corporation v. Sprague

HAIRE, Judge.

In the trial court, the plaintiff-foreign corporation filed an action to collect rentals due under a personal property leasing contract. The trial court entered summary judgment for the defendant-lessees on the grounds that the contract was null and void because of the failure of plaintiff to comply with the Arizona foreign corporation qualification statutes. 1 In order to uphold the trial court’s ruling, the evidence must show (1) that plaintiff was “transacting business in Arizona” within the meaning of the qualification statute at the time the leasing contract was entered…