31 §608-E. Reinstatement of suspended domestic limited liability company (WHOLE SECTION TEXT EFFECTIVE UNTIL 7/1/11)

Title 31: PARTNERSHIPS AND ASSOCIATIONS

Chapter 13: LIMITED LIABILITY COMPANIES

Subchapter 1: GENERAL PROVISIONS

§608-E. Reinstatement of suspended domestic limited liability company

(CONTAINS TEXT WITH VARYING EFFECTIVE DATES)

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

1. Reinstatement after suspension. A domestic limited liability company that was suspended before July 1, 2004 may apply to the Secretary of State for reinstatement and the reinstatement may be granted, if:

A. The Secretary of State determines that the application contains the information required under section 608-C, subsection 1; [2003, c. 631, §52 (NEW).]

B. The application for reinstatement is accompanied by the reinstatement fee set forth in section 751, subsection 7-A; and [2003, c. 631, §52 (NEW).]

C. The application for reinstatement is received by the Secretary of State by June 30, 2010. [2003, c. 631, §52 (NEW).]

[ 2003, c. 631, §52 (NEW) .]

2. Effect on domestic limited liability company failing to reinstate by June 30, 2010. A domestic limited liability company that fails to meet the requirements of subsection 1 is administratively dissolved and may not reinstate.

[ 2003, c. 631, §52 (NEW) .]

3. Protecting domestic limited liability company name after suspension. The name of a domestic limited liability company that is suspended remains in the Secretary of State's record of limited liability company names and is protected for a period of 3 years following suspension.

[ 2003, c. 631, §52 (NEW) .]

SECTION HISTORY

2003, c. 631, §52 (NEW). 2009, c. 629, Pt. A, §1 (RP). 2009, c. 629, Pt. A, §3 (AFF).