§1114. Reinstatement following administrative dissolution








1. Application for reinstatement. 
A corporation administratively dissolved under section 1113 may apply to the Secretary
of State for reinstatement within 6 years after the effective date of dissolution.
The application must:





A. State the name of the corporation and the effective date of its administrative dissolution; [2003, c. 631, §3 (NEW).]










B. State that the ground or grounds for dissolution either did not exist or have been
eliminated; and [2003, c. 631, §3 (NEW).]










C. State that the corporation's name satisfies the requirements of section 301-A. [2003, c. 631, §3 (NEW).]







[
2003, c. 631, §3 (NEW)
.]








2. Reinstatement after administrative dissolution. 
If the Secretary of State determines that the application contains the information
required under subsection 1 and is accompanied by the reinstatement fee set forth
in section 1401, subsection 35, and that the information is correct, the Secretary
of State shall cancel the administrative dissolution and prepare a notice of reinstatement
that recites that determination and the effective date of reinstatement. The Secretary
of State shall use the procedures set forth in section 1113, subsection 7 to deliver the notice to
the corporation.


[
2007, c. 323, Pt. B, §13 (AMD);
2007, c. 323, Pt. G, §4 (AFF)
.]








3. Effect of reinstatement. 
When the reinstatement is effective under subsection 2, it relates back to and takes
effect as of the effective date of the administrative dissolution, and the corporation
resumes activities as if the administrative dissolution had not occurred.


[
2003, c. 631, §3 (NEW)
.]





SECTION HISTORY

2003, c. 631, §3 (NEW).
2007, c. 323, Pt. B, §13 (AMD).
2007, c. 323, Pt. G, §4 (AFF).