Chapter 360

2007 -- H 5911 SUBSTITUTE A

Enacted 07/07/07

A N A C T

RELATING TO CORPORATIONS, ASSOCIATIONS, AND PARTNERSHIPS -- THE RHODE ISLAND LIMITED LIABILITY COMPANY ACT

Introduced By: Representative Peter L. Lewiss

Date Introduced: March 01, 2007

It is enacted by the General Assembly as follows:

     SECTION 1. Section 7-16-8 of the General Laws in Chapter 7-16 entitled "The Rhode

Island Limited Liability Company Act" is hereby amended to read as follows:

7-16-8. Filing. -- (a) The secretary of state may not accept for filing any document under

this chapter which does not conform with law.

      (b) The secretary of state may not accept for filing any organizational document,

qualification, registration, change of resident agent report, service of process, notice or other

document until all required filing and other fees have been paid to the secretary of state.

(c) The secretary of state may not accept for filing any article of dissolution, cancellation

of registration, article of merger, unless the surviving entity is a domestic entity of record with the

office of the secretary of state, or the reinstatement of a limited liability company's certificate of

organization or registration until all required filing and other fees have been paid to the secretary

of state and all fees and franchise taxes have been paid.

(c)(d) When the secretary of state accepts the articles of organization or any other

document, the secretary of state shall:

      (1) Endorse on the document the date and time of its acceptance for filing;

      (2) Promptly file the document; and

      (3) Issue a certificate or other evidence which establishes:

      (i) That the document was accepted for filing by the secretary of state; and

      (ii) The date and time of the acceptance for filing.

(d)(e) The document becomes effective upon the issuance of the certificate or other

evidence or at any later date that is set forth within the document, not more than thirty (30) days

after the filing of such document.

     SECTION 2. This act shall take effect upon passage.

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LC01407/SUB A

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