23B.01.560 - License fees for reinstated corporation.

License fees for reinstated corporation.

(1) A corporation seeking reinstatement shall pay the full amount of all annual corporation license fees which would have been assessed for the license years of the period of administrative dissolution had the corporation been in active status, plus a surcharge established by the secretary of state by rule, and the license fee for the year of reinstatement.

     (2) The penalties herein established shall be in lieu of any other penalties or interest which could have been assessed by the secretary of state under the corporation laws or which, under those laws, would have accrued during any period of delinquency, dissolution, or expiration of corporate duration.

[1993 c 269 § 4; 1989 c 165 § 22.]

Notes: Effective date -- 1993 c 269: See note following RCW 23.86.070.