TITLE 7

Corporations, Associations, and Partnerships

CHAPTER 7-1.2

Rhode Island Business Corporation Act

PART 7-1.2-1301

Dissolution and Revocation

SECTION 7-1.2-1307



   § 7-1.2-1307  Effect of statement of

revocation of voluntary dissolution proceedings. –

(a) Upon the filing by the secretary of state of a statement of revocation of

voluntary dissolution proceedings, whether by consent of its shareholders or by

act of the corporation, the revocation of the voluntary dissolution proceedings

becomes effective and the corporation may again carry on its business.



   (b) Revocation of dissolution is effective upon the effective

date of the statement of revocation of voluntary dissolution.



   (c) When the revocation of dissolution is effective, it

relates back to and takes effect as of the effective date of the dissolution

and the corporation resumes carrying on its business as if dissolution had

never occurred, except as subsequently provided.



   (d) If, as permitted by the provisions of this title, another

corporation, whether business or nonprofit, limited partnership, limited

liability partnership or limited liability company, domestic or foreign,

qualified to transact business in this state, bears or has filed a fictitious

business name statement with respect to or reserved or registered a name which

is not distinguishable upon the records of the secretary of state from the name

of a corporation with respect to which the certificate of voluntary dissolution

is proposed to be withdrawn, then the secretary of state shall condition

effectiveness of the statement of revocation of voluntary dissolution upon the

amendment by the corporation of its articles of incorporation or otherwise

complying with the provisions of this chapter with respect to the use of a name

available to it under the laws of this state so as to designate a name which is

distinguishable upon the records of the secretary of state from its former name.



History of Section.

(P.L. 2004, ch. 216, § 2; P.L. 2004, ch. 274, § 2; P.L. 2005, ch. 36,

§ 36; P.L. 2005, ch. 72, § 36; P.L. 2005, ch. 120, § 1; P.L.

2005, ch. 130, § 1.)