11-LA045

2011 -- H 6038

Enacted 05/04/11

A N A C T

RELATING TO VACATE THE FORFEITURE OR REVOCATION OF THE CHARTER OF THE POTOWOMUT INVESTMENT COMPANY

Introduced By: Representative Robert A. Watson

Date Introduced: April 07, 2011

It is enacted by the General Assembly as follows:

SECTION 1. If, on or before December 31, 2011, THE POTOWOMUT INVESTMENT

COMPANY, incorporated on October 16, 1973, shall file any corporation tax returns as may be

required, and shall pay all taxes which were due or should have been due to the state, and shall

file with the secretary of state a certificate signed by the tax administrator that such tax returns

and such taxes have been paid; and, shall also file all reports and pay all fees which may be

required by the secretary of state, then the revocation of the charter of said corporation shall

thereupon to wit, upon the filing of said certificate, said reports and the payment of said fees, be

vacated and said corporation shall thereupon be entitled to all the privileges, benefits, and powers

and subject to all of the same duties and liabilities as though no revocation of its charter had taken

place.

SECTION 2. This act shall take effect upon passage.

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LC02411

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