SB 308 - Purgason, Chuck
Allows not-for-profit corporations to apply for reinstatement after forfeiture for failing to file an annual report
Bill Details
Sponsor
LR Number
1493L.02C
Title
HCS SB 308
House Handler
Journal Page
N/A
Effective Date
August 28, 2005
Current Status
H Consent Calendar
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
HCS/SB 308 - The act allows a not-for-profit corporation to apply for reinstatement if it had been forfeited after 1978 for failure to file an annual report. If corporation is administratively dissolved for failure to file an annual registration report and the Secretary of State determines that the failure was due to military service, the act authorizes the Secretary of State to waive the reinstatement fees and other associated penalties, cancel the certificate of dissolution, prepare a certificate of reinstatement, and provide a copy to the corporation.
ANDY LYSKOWSKI