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Session Laws, 1999
Volume 796, Page 2849   View pdf image
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(B) THE EFFECT OF A PROCLAMATION CORRECTING A MISTAKE UNDER
SUBSECTION (A) OF THIS SECTION IS TO RESTORE THE RIGHT OF THE BUSINESS
TRUST TO DO BUSINESS IN THE STATE AND TO USE THE NAME OF THE BUSINESS
TRUST AS IF THE RIGHT HAD AT ALL TIMES REMAINED IN FULL FORCE AND EFFECT.

12-804.

THIS SUBTITLE DOES NOT REPEAL, SUPERSEDE, OR IN ANY MANNER AFFECT
ANY REMEDY OR PROVISION OF LAW:

(1) FOR THE COLLECTION OF TAXES, UNEMPLOYMENT INSURANCE
CONTRIBUTIONS. OR REIMBURSEMENT PAYMENTS AND AND ANY INTEREST AND
PENALTIES DUE; OR

(2) TO COMPEL THE FILING OF ANNUAL REPORTS.

12-805.

IF THE AUTHORITY OF A BUSINESS TRUST TO DO BUSINESS IN THE STATE AND
TO USE ITS NAME HAS BEEN FORFEITED FOR NONPAYMENT OF TAXES,
UNEMPLOYMENT INSURANCE CONTRIBUTIONS, OR REIMBURSEMENT PAYMENTS, OR
FOR FAILURE TO FILE AN ANNUAL REPORT, THE BUSINESS TRUST MAY APPLY FOR
REINSTATEMENT BY FILING A CERTIFICATE OF REINSTATEMENT WITH THE
DEPARTMENT IN ACCORDANCE WITH § 12-806 OF THIS SUBTITLE.

12-806.

A CERTIFICATE OF REINSTATEMENT SHALL INCLUDE:

(1) THE NAME OF THE BUSINESS TRUST AT THE TIME ITS RIGHT TO DO
BUSINESS IN THE STATE WAS FORFEITED:

(2) THE NAME THAT THE BUSINESS TRUST WILL USE AFTER
REINSTATEMENT, WHICH SHALL COMPLY WITH THE PROVISIONS OF THIS ARTICLE
WITH RESPECT TO BUSINESS TRUST NAMES;

(3) THE ADDRESS OF THE PRINCIPAL OFFICE OF THE BUSINESS TRUST
IN THE STATE IF DIFFERENT FROM ITS PRINCIPAL OFFICE IN THE STATE AT THE
TIME THE RIGHT TO DO BUSINESS IN THE STATE WAS FORFEITED; AND

(4) THE NAME AND ADDRESS OF THE RESIDENT AGENT OF THE
BUSINESS TRUST.

12-807.

THE DEPARTMENT MAY NOT ACCEPT A CERTIFICATE OF REINSTATEMENT FOR
RECORD UNLESS:

(1) ALL ANNUAL REPORTS REQUIRED TO BE FILED BY THE BUSINESS
TRUST, OR WHICH WOULD HAVE BEEN REQUIRED IF THE RIGHT TO DO BUSINESS IN
THE STATE HAD NOT BEEN FORFEITED. ARE FILED; AND

(2) UNEMPLOYMENT INSURANCE CONTRIBUTIONS OR
REIMBURSEMENT PAYMENTS, ALL STATE AND LOCAL TAXES, EXCEPT TAXES ON

 

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Session Laws, 1999
Volume 796, Page 2849   View pdf image
 Jump to  
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