In the event any domestic corporation fails to file a full and complete initial report under RCW
23.95.255, or in the event any corporation, foreign or domestic, does business in this state without having paid its annual corporate license fee and without having filed a substantially complete annual report under RCW
23.95.255 when either is due, there shall become due and owing the state of Washington a penalty as established by rule by the secretary under RCW
23.95.260.
A corporation organized under this title may at any time prior to its dissolution as provided in Article 6 of chapter
23.95 RCW, and a foreign corporation registered to do business in this state may at any time prior to the termination of its registration as provided in RCW
23.95.550, pay to the state of Washington its current annual license fee, provided it also pays an amount equal to all previously unpaid annual license fees plus the penalty established by rule by the secretary under RCW
23.95.260.