TITLE 7

Corporations, Associations, and Partnerships

CHAPTER 7-1.2

Rhode Island Business Corporation Act

PART 7-1.2-1301

Dissolution and Revocation

SECTION 7-1.2-1304



   § 7-1.2-1304  Revocation of voluntary

dissolution proceedings by consent of shareholders. –

(a) By the written consent of all of its shareholders entitled to vote thereon,

a corporation may, within one hundred twenty (120) days of its effective date

of the articles of dissolution, revoke voluntary dissolution proceedings

previously taken, in the following manner:



   (b) Upon the execution of the written consent, a statement of

revocation of voluntary dissolution proceedings is executed by the corporation

by its authorized representative. The statement proclaims:



   (1) The name of the corporation.



   (2) The names and respective addresses of its officers.



   (3) The names and respective addresses of its directors.



   (4) A copy of the written consent signed by all shareholders

of the corporation revoking the voluntary dissolution proceedings.



   (5) That the written consent has been signed by all

shareholders entitled to vote thereon of the corporation or signed in their

names by their authorized attorneys.



History of Section.

(P.L. 2004, ch. 216, § 2; P.L. 2004, ch. 274, § 2; P.L. 2005, ch.

120, § 1; P.L. 2005, ch. 130, § 1.)