(a) Application for reinstatement.--An entity that has been the subject of action under section 382(b) (relating to procedure and effect) may deliver to the department an application for reinstatement along with the reinstatement fee required by section 153 (relating to fee schedule). The application must be signed by the entity and state:
(1) the name of the entity at the time of the action under section 382 and, if needed, a name that is available under Subchapter A of Chapter 2 (relating to names);
(2) subject to section 109 (relating to name of commercial registered office provider in lieu of registered address), the address, if any, including street and number, if any, of the entity's registered office;
(3) the principal office of the entity at the time of the application for restatement; and
(4) either:
(i) that the grounds for action under section 382 did not exist; or
(ii) that the most recent annual report not previously filed is attached to the application for reinstatement along with the fee for each of the annual reports that should have been paid under section 153.
(b) Action by department.--If the department determines that an application under subsection (a) meets the requirements of that subsection and is accompanied by any payment required by subsection (a)(4)(ii), the department shall:
(1) cancel the prior action under section 382 by filing a statement of reinstatement that includes the effective date of reinstatement within 30 days after receipt by the department of the application; and
(2) deliver a copy to the entity.
(c) Effect of reinstatement.--When reinstatement under this section is effective, the following rules apply:
(1) Except as provided in paragraphs (4) and (5), the reinstatement relates back to and takes effect as of the effective date of the administrative dissolution or cancellation.
(2) The activities of the entity between the date of its administrative dissolution and the date of its reinstatement are valid as if the administrative dissolution had never occurred.
(3) If the entity is a limited liability partnership, limited liability limited partnership or electing partnership, its statement of registration, the provisions of its certificate of limited partnership required by section 8201(f) (relating to scope) or its statement of election is reinstated as if its administrative cancellation had never occurred.
(4) If the application for reinstatement includes a name other than the name of the entity at the time of the administrative dissolution or cancellation because the original name is no longer available under Subchapter A of Chapter 2, the statement of reinstatement shall have the effect of amending:
(i) if the entity is a domestic filing entity, its public organic record to provide for the new name;
(ii) if the entity is a domestic limited liability partnership, its statement of registration to provide for the new name; or
(iii) if the entity is a electing partnership that is not also a limited partnership, its statement of election to provide for the new name.
(5) The rights of a person arising out of an act in reliance on the administrative dissolution or revocation of the statement of registration or statement of election before the reinstatement is effective are not affected.
(d) Cross reference.--See section 153(a)(19).
Cross References. Section 383 is referred to in sections 153, 382, 384 of this title.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 3 - Entity Transactions
Section 311 - Short title of chapter
Section 313 - Relationship of chapter to other provisions of law
Section 314 - Regulatory conditions and required notices and approvals
Section 315 - Nature of transactions
Section 316 - Contents of plan
Section 317 - Contractual dissenters rights in entity transactions
Section 318 - Excluded entities and transactions
Section 319 - Party to plan or transaction
Section 320 - Submission of matters to interest holders
Section 321 - Approval by business corporation
Section 322 - Approval by nonprofit corporation
Section 323 - Approval by general partnership
Section 324 - Approval by limited partnership
Section 325 - Approval by limited liability company
Section 326 - Approval by professional association
Section 327 - Approval by business trust
Section 328 - Approval by unincorporated nonprofit association
Section 329 - Special treatment of interest holders
Section 330 - Alternative means of approval of transactions
Section 331 - Merger authorized
Section 333 - Approval of merger
Section 334 - Amendment or abandonment of plan of merger
Section 335 - Statement of merger; effectiveness
Section 336 - Effect of merger
Section 341 - Interest exchange authorized
Section 342 - Plan of interest exchange
Section 343 - Approval of interest exchange
Section 344 - Amendment or abandonment of plan of interest exchange
Section 345 - Statement of interest exchange; effectiveness
Section 346 - Effect of interest exchange
Section 351 - Conversion authorized
Section 352 - Plan of conversion
Section 353 - Approval of conversion
Section 354 - Amendment or abandonment of plan of conversion
Section 355 - Statement of conversion; effectiveness
Section 356 - Effect of conversion
Section 361 - Division authorized
Section 362 - Plan of division
Section 363 - Approval of division
Section 364 - Division without interest holder approval
Section 365 - Amendment or abandonment of plan of division
Section 366 - Statement of division; effectiveness
Section 367 - Effect of division
Section 368 - Allocation of liabilities in division
Section 371 - Domestication authorized
Section 372 - Plan of domestication
Section 373 - Approval of domestication
Section 374 - Amendment or abandonment of plan of domestication
Section 375 - Statement of domestication; effectiveness
Section 376 - Effect of domestication
Section 381 - Grounds for administrative dissolution or cancellation