Maine Revised Statutes Title 31 Sec. 808-C – Reinstatement following revocation
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1. Application for reinstatement. A partnership whose status as a registered limited liability partnership has been revoked under section 808-B may apply to the Secretary of State for reinstatement within 6 years after the effective date of revocation. The application must:
A. State the name of the registered limited liability partnership and the effective date of its revocation; [PL 2003, c. 631, §67 (NEW).]
B. State that the ground or grounds for revocation either did not exist or have been eliminated; and [PL 2003, c. 631, §67 (NEW).]
C. State that the registered limited liability partnership’s name satisfies the requirements of section 803-A. [PL 2003, c. 631, §67 (NEW).]
[PL 2003, c. 631, §67 (NEW).]
Terms Used In Maine Revised Statutes Title 31 Sec. 808-C
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Registered limited liability partnership: means a partnership formed pursuant to an agreement governed by the Uniform Partnership Act and registered under this Act. See Maine Revised Statutes Title 31 Sec. 802-A
2. Reinstatement after revocation. If the Secretary of State determines that the application contains the information required under subsection 1 and is accompanied by the reinstatement fee set forth in section 871, subsection 7-A, and that the information is correct, the Secretary of State shall cancel the revocation and prepare a notice of reinstatement that recites that determination and the effective date of reinstatement. The Secretary of State shall use the procedures set forth in section 808-B, subsection 8 to deliver the notice to the registered limited liability partnership.
[PL 2007, c. 323, Pt. E, §7 (AMD); PL 2007, c. 323, Pt. G, §4 (AFF).]
3. Effect of reinstatement. When the reinstatement is effective under subsection 2, it relates back to and takes effect as of the effective date of the revocation, and the registered limited liability partnership resumes business as if the revocation had not occurred.
[PL 2003, c. 631, §67 (NEW).]
SECTION HISTORY
PL 2003, c. 631, §67 (NEW). PL 2007, c. 323, Pt. E, §7 (AMD). PL 2007, c. 323, Pt. G, §4 (AFF).