1592-S AMS HARG S2974.1

SHB 1592  - S AMD315
     By Senators Hargrove, Carrell, McCaslin

ADOPTED 04/10/2009

     On page 10, beginning on line 23, after "the secretary" strike "is not required to" and insert "shall"

     On page 10, beginning on line 24, after "dissolved" strike "for not complying with this section" and insert "under this subsection if the corporation sole complies with the requirements of section 15 of this act within five years of the administrative dissolution"

     On page 11, line 10, after "of state" strike "may" and insert "shall"

     On page 11, line 14, after "within" strike "fifteen days" and insert "five years"

     On page 11, line 20, after "circumstances" strike "giving rise to" and insert "of"

     On page 11, line 21, after "filing or lapse," insert "that disproportionate harm would occur to the corporation sole if relief were not granted,"

EFFECT:  The Secretary of State must reinstate a dissolved corporation sole if the requisite information and filing fee is submitted within 5 years of administrative dissolution.

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