LA 020

2017 -- H 5148 Enacted 02/24/2017

A N   A C T

TO VACATE THE FORFEITURE OR REVOCATION OF THE CHARTER OF SAVINGS OF AMERICA, INC.

Introduced By: Representative Thomas Winfield

Date Introduced: January 19, 2017

It is enacted by the General Assembly as follows:

SECTION 1. If, on or before December 31, 2017, SAVINGS OF AMERICA, INC.,

incorporated on April 12, 1984, 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 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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