REINSTATING AND RESTORING FORFEITED OR REVOKED CORPORATE CHARTERS
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Introduced
By: Senators Celona, McCaffrey, and Igliozzi |
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Date
Introduced: January 31, 2002 |
It is enacted
by the General Assembly as follows:
SECTION
1. The revocation of the charters of those business
corporations enumerated in section 3 hereof, which are required by law to file
annual reports with the secretary of state, shall be vacated. Said corporations
shall be entitled to all privileges, benefits, and powers, and shall be subject
to all of the same duties and liabilities as though no revocation of their
charters had taken place if, on or before December 31, 2002, said corporation
shall: (1) file any corporation tax returns as may be required; (2) pay all
taxes which were due or should have been due to the state; (3) file with the
secretary of state a certificate signed by the tax administrator that such tax
returns have been filed and such taxes have been paid; and (4) also file all
reports and pay all fees which may be required by the secretary of state.
SECTION
2. The forfeiture or revocation of the charters of
those nonprofit corporations enumerated in section 3 hereof, which are required
by law to file biennial and/or annual reports with the secretary of state,
shall be vacated. Said corporations, subject to chapter 7-6, as amended, of the
general laws, entitled the "Rhode Island Nonprofit Corporation Act"
notwithstanding any provisions of the law to the contrary, shall file all
reports and pay all fees which may be required by the secretary of state, and
also pay to the general treasurer for the use of the state such sum as the
attorney general shall decide should be paid by said corporations, as a
compromise of the penalty or penalties for such failure to file such reports.
SECTION
3. The provisions of this act shall apply to the
following corporations:
(5)
Senator Celona THE
GOLDEN COVE, INC. 1989 profit
(6)
Senator McCaffrey BRADY'S
LANDSCAPE SERVICE, INC. 1990 profit
(3)
Senator Igliozzi CHAS. MILLER CO. 1979 profit
SECTION
4. This act shall take effect upon passage.