Section 10. Section 1808(a)(i) of the act is amended to read:
Section 1808. Involuntary Dissolution
(a) Issuance of certificate of dissolution by department--In the event that:
(i) a certificate of authorization has not been issued to
a newly incorporated institution within [two years] one year
after the date of its incorporation or such longer time as
the department may allow for satisfaction of conditions
precedent to the issuance of a certificate,