Reinstatement Following Administrative Dissolution

Reinstatement Following Administrative Dissolution. (a) A limited liability company administratively dissolved may apply to the Registrar of Corporations for reinstatement within two years after the effective date of dissolution. The application must: (1) Recite the name of the company and the effective date of its administrative dissolution; (2) State that the ground for dissolution either did not exist or has been eliminated; (3) State that the company’s name satisfies the requirements of section 4806; and (4) Contain a certificate from the Division of Revenue and Taxation, Department of Finance reciting that all taxes owed by the company have been paid. (b) If the Registrar of Corporations determines that the application contains the information required by subsection (a) and that the information is correct, the Registrar of Corporations shall cancel the certificate of dissolution and prepare a certificate of reinstatement that recites this determination and the effective date of reinstatement, file the original of the certificate, and serve the company with a copy of the certificate. (c) When reinstatement is effective, it relates back to and takes effect as of the effective date of the administrative dissolution and the company may resume its business as if the administrative dissolution had never occurred. Source: PL 14-11, § 2 (811), modified. Commission Comment: See the comment to 4 CMC § 4801 regarding PL 14-11.