- Introduced -

SB 796 - Under current law, a non-profit or domestic corporation's registration with the Secretary of State cannot be renewed if a corporation's registration has been revoked or the corporation has administratively dissolved unless the corporation re-applies within two years of such action. Consequently, a corporation that subsequently seeks reinstatement must do so through the courts.

This act simply removes the two year time limit, allowing applications for reinstatement at any time. The Secretary of State is not required to reinstate the corporation.

This act has an emergency clause.

MARGARET J. TOALSON