SB 845 – Modifies fees and reinstatement processes in the event of corporate administrative dissolution

• Sponsor: Kennedy
• LR Number: 3760S.02T
• Committee: Judiciary and Civil & Criminal Jurisprudence
• Last Action: 6/21/2006 - Signed by Governor
• Effective Date: August 28, 2006
• House Handler: Johnson

Current Bill Summary

SB 845 - This act allows the Secretary of State to waive reinstatement fees and procedures otherwise required for reinstatement, in the event that a corporation was administratively dissolved due to a failure to file an annual registration report, if the secretary of state concludes that the failure was due to military service. In such a circumstance, the secretary of state shall waive all late fees for all required filings, cancel the certificate of dissolution, and reinstate the corporation.

This act is identical to HB 1427 (2006).

CHRIS HOGERTY