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Section 47-18-16.2 - Petition for reinstatement--Filing fee--Penalty for expired years, amount.

47-18-16.2. Petition for reinstatement--Filing fee--Penalty for expired years, amount. A cooperative whose corporate charter existence has been revoked as provided by § 47-18-16.1 may petition for reinstatement as a corporation prior to July 1, 1980 on forms provided by the secretary of state. The petition shall be executed on behalf of the corporation by its president and secretary and verified by a corporate officer. Duplicate originals of the petition shall be filed with the secretary of state. Such renewal of corporate existence shall be made on forms prescribed and furnished by the secretary of state. Filing fee shall be as stated in § 47-20-8. In addition to the above fee a penalty of twenty dollars per year for the period of duration which its corporate existence has been expired shall be charged.

Source: SL 1976, ch 288, § 3; SL 1977, ch 381, § 7.

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