31 §608-C. Reinstatement following administrative dissolution (WHOLE SECTION TEXT EFFECTIVE UNTIL 7/1/11)

Title 31: PARTNERSHIPS AND ASSOCIATIONS

Chapter 13: LIMITED LIABILITY COMPANIES

Subchapter 1: GENERAL PROVISIONS

§608-C. Reinstatement following administrative dissolution

(CONTAINS TEXT WITH VARYING EFFECTIVE DATES)

(WHOLE SECTION TEXT EFFECTIVE UNTIL 7/1/11)

1. Application for reinstatement. A domestic limited liability company administratively dissolved under section 608-B 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 domestic limited liability company and the effective date of its administrative dissolution; [2003, c. 631, §52 (NEW).]

B. State that the ground or grounds for dissolution of the domestic limited liability company either did not exist or have been eliminated; and [2003, c. 631, §52 (NEW).]

C. State that the domestic limited liability company's name satisfies the requirements of section 603-A. [2003, c. 631, §52 (NEW).]

[ 2003, c. 631, §52 (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 751, subsection 7-A, 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 608-B, subsection 8 to deliver the notice to the domestic limited liability company .

[ 2007, c. 323, Pt. D, §7 (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 domestic limited liability company resumes business as if the administrative dissolution had not occurred.

[ 2003, c. 631, §52 (NEW) .]

SECTION HISTORY

2003, c. 631, §52 (NEW). 2007, c. 323, Pt. D, §7 (AMD). 2007, c. 323, Pt. G, §4 (AFF). 2009, c. 629, Pt. A, §1 (RP). 2009, c. 629, Pt. A, §3 (AFF).