§ 7-6-87 - Withdrawal of certificates of revocation. - Rhode Island Statutes

SECTION 7-6-87

   § 7-6-87  Withdrawal of certificates ofrevocation. – Within ten (10) years after issuing a certificate of revocation as provided in§ 7-6-86, the secretary of state may withdraw the certificate ofrevocation and reinstate the corporation in good standing:

   (1) Upon the filing by the corporation of the documents ithad previously failed to file as set forth in subsections (a)(1) through(a)(4), inclusive, of § 7-6-85; and

   (2) Upon the payment by the corporation of a penalty oftwenty-five dollars ($25.00) for each year or part of a year that has elapsedsince the issuance of the certificate of revocation.

   (ii) If as permitted by § 7-6-72(2) another corporation,whether business or nonprofit, or domestic or foreign, qualified to transactbusiness in this state, bears or has filed a fictitious business name statementregarding or reserved or registered a name which is the same as the name of acorporation regarding which the certificate of revocation is proposed to bewithdrawn, the secretary of state shall condition the withdrawal of acertificate of revocation upon the reinstated corporation's amending itsarticles of incorporation so as to designate a name which is distinguishableupon the records of the secretary of state from its former name.