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Maine Revised Statutes Title 13-B. Maine Nonprofit Corporation Act § 1116. Reinstatement of suspended corporate charter

Current as of January 01, 2022 | Updated by FindLaw Staff

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;

B. The application for reinstatement is accompanied by the reinstatement fee set forth in section 1401, subsection 35; and

C. The application for reinstatement is received by the Secretary of State by June 30, 2010.

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.

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.

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Cite this article: FindLaw.com - Maine Revised Statutes Title 13-B. Maine Nonprofit Corporation Act § 1116. Reinstatement of suspended corporate charter - last updated January 01, 2022 | https://codes.findlaw.com/me/title-13-b-maine-nonprofit-corporation-act/me-rev-st-tit-13-b-sect-1116/

Read this complete Maine Revised Statutes Title 13-B. Maine Nonprofit Corporation Act § 1116. Reinstatement of suspended corporate charter on Westlaw

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