HARRY HUGHES, Governor                                    2095

may be, after any publication shall be omitted from subsequent
publications.

(2) A corporation which pays all taxes, interest, and
penalties due, files the annual report due, or both, as the case
may be, within 60 days after the first publication shall have its
charter reinstated as of the date of forfeiture.

[3-505.

The Secretary of State shall send a copy of the proclamation
to the Department, which shall note on its records the facts of
the forfeiture of the charter of each corporation listed in the
proclamation and the revival of those which have been revived.]

3-506.

(a)  If the [Governor] DEPARTMENT is satisfied that a
corporation named in the proclamation has not failed to pay the
tax or file the report within the period specified in § 3-503 of
this subtitle, or that it has been mistakenly reported to [him]
THE DEPARTMENT by the State Comptroller [or Department, he], THE
DEPARTMENT may correct the mistake by filing [his] ITS
proclamation to that effect [in the office of the Secretary of
State] IN ITS RECORDS. [The Secretary of State shall send a copy
of this proclamation to the Department.]

(b)  The effect of a proclamation correcting a mistake is to
restore the charter of the corporation as if the charter had at
all times remained in full force and effect.

SECTION 2. AND BE IT FURTHER ENACTED, That Section(s) 3-506

through 3-520, respectively, of Article - Corporations and
Associations of the Annotated Code of Maryland be renumbered to
be Section(s) 3-505 through 3-519, respectively.

SECTION 3. AND BE IT FURTHER ENACTED, That this Act shall

take effect July 1, 1986.
Approved May 13, 1986.

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