05-LA 006

2005 -- S 0225

Enacted 02/23/05

A N A C T

TO VACATE THE FORFEITURE OR REVOCATION OF THE CHARTER OF RHODE

ISLAND INDEPENDENT HIGHER EDUCATION ASSOCIATION

Introduced By: Senators Issa, and Gallo

Date Introduced: February 02, 2005

It is enacted by the General Assembly as follows:

     SECTION 1. The time within which the Rhode Island Independent Higher Education

Association, incorporated April 20, 1979 shall file the reports for the years 1979, 1980, 1981,

1982, 1983, 1984, 1985, 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996,

1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005 as required under the provisions of section

7-6-90 of the general laws of Rhode Island, 1956, is hereby extended to the 31st day of December,

A.D., 2005 if said corporation shall file in the office of the Secretary of State before December

31, 2005, the reports which it should have filed in the said years and shall pay to the Secretary of

State the filing fees therefore, 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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LC01240

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