498.30 - REINSTATEMENT OF CORPORATION.

        498.30  REINSTATEMENT OF CORPORATION.         Any corporation whose corporate rights have been canceled and      forfeited in the manner provided herein may, however, before      September 1 following such cancellation, make application to the      secretary of state for reinstatement and upon being furnished good      and sufficient reasons for not having filed its report the secretary      shall, upon the filing of such report and the payment of the penalty,      reinstate said corporation and the decree of cancellation shall be      annulled and the corporation shall be entitled to continue to act as      a corporation for the unexpired portion of its corporate period as      fixed by its articles of incorporation and the limitations prescribed      by law.  
         Section History: Early Form
         [C27, 31, 35, § 8508-a6; C39, § 8508.6; C46, 50, 54, 58, 62,      66, 71, 73, 75, 77, 79, 81, § 498.30]