§1116. Reinstatement of suspended corporate charter
1. Reinstatement after charter suspension. A corporation whose charter 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 1114, subsection 1; [PL 2003, c. 631, §3 (NEW).]
B. The application for reinstatement is accompanied by the reinstatement fee set forth in section 1401, subsection 35; and [PL 2003, c. 631, §3 (NEW).]
C. The application for reinstatement is received by the Secretary of State by June 30, 2010. [PL 2003, c. 631, §3 (NEW).]
[PL 2003, c. 631, §3 (NEW).]
2. Effect on corporation failing to reinstate by June 30, 2010. A corporation that fails to meet the requirements of subsection 1 is administratively dissolved and may not reinstate.
[PL 2003, c. 631, §3 (NEW).]
3. Protecting corporate name after suspension. The name of a corporation whose charter is suspended remains in the Secretary of State's record of corporate names and is protected for a period of 3 years following its suspension.
[PL 2003, c. 631, §3 (NEW).]
SECTION HISTORY
PL 2003, c. 631, §3 (NEW).
Structure Maine Revised Statutes
TITLE 13-B: MAINE NONPROFIT CORPORATION ACT
13-B §1101. Voluntary dissolution
13-B §1101-A. Voluntary dissolution by incorporators
13-B §1102. Revocation of voluntary dissolution proceedings
13-B §1103. Effect of statement of revocation of voluntary dissolution proceedings
13-B §1104. Articles of dissolution
13-B §1104-A. Bylaws; disposal of assets
13-B §1105. Dissolution pursuant to court order
13-B §1106. Procedure in liquidation of corporation by court
13-B §1107. Filing of claims in liquidation proceedings
13-B §1108. Discontinuance of liquidation proceedings
13-B §1109. Decree of dissolution
13-B §1110. Deposit with Treasurer of State of undistributed assets
13-B §1111. Survival of remedy after dissolution; liquidating trustees
13-B §1112. Grounds for administrative dissolution
13-B §1113. Procedure for and effect of administrative dissolution
13-B §1114. Reinstatement following administrative dissolution
13-B §1115. Appeal from denial of reinstatement
13-B §1116. Reinstatement of suspended corporate charter
13-B §1117. Revival of nonprofit corporation after dissolution
13-B §1118. Late reinstatement of nonprofit corporation after administrative dissolution