2021 -- H 5050

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LC000027

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2021

____________

A N   A C T

TO VACATE THE FORFEITURE OR REVOCATION OF THE CHARTER OF SHERWOOD

CONDOMINIUM, INC.

     Introduced By: Representative Deborah A. Fellela

     Date Introduced: January 22, 2021

     Referred To: House Corporations

     It is enacted by the General Assembly as follows:

     SECTION 1. The time within which SHERWOOD CONDOMINIUM, INC. incorporated

on January 22, 1979, shall file the reports for the years 1998, 1999, 2000, 2001, 2002, 2003, 2004,

2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020,

2021, as required under the provisions of Chapter 6 of Title 7 of the General Laws, 1956, is hereby

extended to the 31st day of December, A.D., 2021, if said corporation shall file in the office of the

secretary of state before December 31, 2021, the reports which it should have filed in the said years

and shall pay to the secretary of state the filing fees therefor, having previously thereto paid to the

general treasurer for the use of the state such sum as the attorney general shall decide should be

paid by said corporation as a compromise for the penalty or penalties for its failure to file such

reports then the forfeiture or revocation of the charter of said corporation shall thereupon, to wit,

upon the filing of said reports and the payment of said fees, be vacated and said corporation shall

thereupon be entitled to all of the privileges, benefits and powers and subject to the same duties

and liabilities as though no forfeiture or revocation of its said charter had taken place.

     SECTION 2. This act shall take effect upon passage.

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LC000027

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