HB 1216 -- REINSTATEMENT OF CORPORATIONS

This bill eliminates the 2-year time limit within which a
foreign corporation may apply for reinstatement after revocation
or administrative dissolution.

The bill contains an emergency clause.

HB 1216 -- REINSTATEMENT OF CORPORATIONS (Monaco)

This bill eliminates the 2 year time limit within which a
foreign corporation may apply for reinstatement after revocation
or administrative dissolution.

This bill contains an emergency clause.

FISCAL NOTE:  No impact on state funds.

HB 1216 -- REINSTATEMENT OF CORPORATIONS

SPONSOR:  Monaco

COMMITTEE ACTION:  Voted "do pass by consent" by the Committee
on Civil and Administrative Law by a vote of 13 to 0.

This bill eliminates the 2 year time limit within which a
foreign corporation may apply for reinstatement after revocation
or administrative dissolution.

This bill contains an emergency clause.

FISCAL NOTE:  No impact on state funds.

PROPONENTS:  Supporters say that the legislation eliminates the
two year limitation before a foreign corporation can apply for
reinstatement in this state.

Testifying for the bill were Representative Monaco; and
Secretary of State's Office.

OPPONENTS:  There was no opposition voiced to the committee.

Michael Warrick, Legislative Analyst

HB 1216 -- Reinstatement of Corporations

Sponsor:  Monaco

This bill eliminates the 2 year time limit within which a
foreign corporation may apply for reinstatement after revocation
or administrative dissolution.

This bill contains an emergency clause.