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Maine Revised Statutes Title 13-C. Maine Business Corporation Act § 1424. 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, 2003 may apply for reinstatement with the Secretary of State if:

A. The Secretary of State determines that the application contains the information required under section 1422, subsection 1;

B. The application is accompanied by the reinstatement fee set forth in section 123, subsection 1; and

C. The application is received by the Secretary of State by June 30, 2009.

2. Effect on corporation failing to reinstate by June 30, 2009. 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 records 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-C. Maine Business Corporation Act § 1424. Reinstatement of suspended corporate charter - last updated January 01, 2022 | https://codes.findlaw.com/me/title-13-c-maine-business-corporation-act/me-rev-st-tit-13-c-sect-1424/

Read this complete Maine Revised Statutes Title 13-C. Maine Business Corporation Act § 1424. Reinstatement of suspended corporate charter on Westlaw

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