LA 003

2020 -- S 2025 Enacted 01/30/2020

A N   A C T

TO VACATE THE FORFEITURE OR REVOCATION OF THE CHARTER OF FRED’S AUTOHAUS, INC.

Introduced By: Senator Adam J. Satchell

Date Introduced: January 21, 2020

It is enacted by the General Assembly as follows:

SECTION 1. If, on or before December 31, 2020, Fred’s Autohaus, Inc., incorporated on

May 29, 1987, 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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LC003874

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