Chapter 009 |
2017 -- S 0618 SUBSTITUTE A Enacted 06/19/2017 |
A N A C T |
RELATING TO CORPORATIONS, ASSOCIATIONS, AND PARTNERSHIPS - RHODE ISLAND NONPROFIT CORPORATION ACT |
Introduced By: Senators Lombardo, Archambault, and Algiere |
Date Introduced: March 16, 2017 |
It is enacted by the General Assembly as follows: |
SECTION 1. Sections 7-6-74, 7-6-75 and 7-6-76 of the General Laws in Chapter 7-6 |
entitled "Rhode Island Nonprofit Corporation Act" are hereby amended to read as follows: |
7-6-74. Application for certificate of authority Application by foreign corporation |
for certificate of authority. |
(a) A foreign corporation, in order to procure a certificate of authority to conduct affairs |
in this state, shall apply for it with the secretary of state. The application shall set forth: |
(1) The name of the corporation and the state or country under the laws of which it is |
incorporated. |
(2) The date of incorporation and the period of duration of the corporation. |
(3) The street address of the principal office of the corporation. |
(4) The address of the proposed registered office of the corporation in this state, and the |
name of its proposed registered agent in this state at the address. |
(5) The purpose or purposes of the corporation which that it proposes to pursue in |
conducting its affairs in this state. |
(6) The names and respective addresses of the directors and officers of the corporation. |
(7) The additional information as is necessary or appropriate to enable the secretary of |
state to determine whether the corporation is entitled to a certificate of authority to conduct affairs |
in this state. |
(b) The application shall be made on forms prescribed and furnished by the secretary of |
state and shall be executed in duplicate by the corporation by its president or a vice president and |
by its secretary or an assistant secretary. |
7-6-75. Filing of application for certificate of authority Filing of application by |
foreign corporation for certificate of authority. |
(a) The application of the corporation for a certificate of authority shall be delivered to |
the secretary of state, together with a copy of its articles of incorporation and all amendments to |
it, duly certified by the proper officer of the state or country under the laws of which it is |
incorporated together with a certificate of good standing or legal existence issued by the proper |
officer of the state or country under the laws of which it is incorporated. |
(b) If the secretary of state finds that the application conforms to law, the secretary of |
state shall, when all fees have been paid as prescribed in this chapter: |
(1) Endorse on the documents the word "Filed,", and the month, day, and year of the |
filing. |
(2) File in the secretary of state's office the original of the application and the copy of the |
articles of incorporation and amendments to it certificate of good standing or legal existence |
issued by the proper officer of the state or country under the laws of which it is incorporated. |
(3) Issue a certificate of authority to conduct affairs in this state. |
(c) The certificate of authority shall be delivered to the corporation or its representative. |
7-6-76. Effect of certificate of authority Effect of certificate of authority by foreign |
corporation. |
Upon the issuance of a certificate of authority by the secretary of state, the corporation is |
authorized to conduct affairs in this state for those purposes set forth in its application, subject, |
however, to the right of the state to suspend or to revoke the authority as provided in this chapter. |
and would also clarify the tables of ยงยง7-6-74, 7-6-75, and 7-6-76 to include a reference to foreign |
corporations. |
SECTION 2. This act shall take effect upon passage. |
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LC001707/SUB A |
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