Montana § 35-8-912 Reinstatement Following Administrative Dissolution

Montana Statutes

§ 35-8-912 — Reinstatement Following Administrative Dissolution

Montana·Title 35 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS·Ch. 8 MONTANA LIMITED LIABILITY COMPANY ACT·Part 9 Dissolution

35-8-912 . Reinstatement following administrative dissolution.

(1)A limited liability company administratively dissolved under the provisions of 35-8-209 may apply to the secretary of state for reinstatement within 5 years after the effective date of dissolution to restore its right to carry on business in this state and to exercise all its privileges and immunities. A limited liability company applying for reinstatement shall submit to the secretary of state an official application, executed by a person who was a member or manager at the time of dissolution, setting forth:

(a)the name and business mailing address of the limited liability company;

(b)a statement that the assets of the limited liability company have not been liquidated;

(c)a statement that a majority of its members have

Free access — add to your briefcase to read the full text and ask questions with AI

35-8-912 . Reinstatement following administrative dissolution. (1) A limited liability company administratively dissolved under the provisions of 35-8-209 may apply to the secretary of state for reinstatement within 5 years after the effective date of dissolution to restore its right to carry on business in this state and to exercise all its privileges and immunities. A limited liability company applying for reinstatement shall submit to the secretary of state an official application, executed by a person who was a member or manager at the time of dissolution, setting forth:
(a) the name and business mailing address of the limited liability company;
(b) a statement that the assets of the limited liability company have not been liquidated;
(c) a statement that a majority of its members have authorized the application for reinstatement; and
(d) if its name has been legally acquired by another entity prior to its application for reinstatement, the name under which the limited liability company desires to be reinstated.
(2) The limited liability company shall submit with its application for reinstatement:
(a) a certificate from the department of revenue stating that all taxes imposed pursuant to Title 15 have been paid unless a limited liability company has only one member and has not elected to be taxed as a corporation; and
(b) all annual reports not yet filed with the secretary of state.
(3) When all requirements of subsections (1) and (2) are met and the secretary of state reinstates the limited liability company, the secretary of state shall:
(a) conform and file in the office of the secretary of state reports, statements, and other instruments submitted for reinstatement;
(b) immediately issue and deliver to the reinstated limited liability company a certificate of reinstatement authorizing it to transact business; and
(c) upon demand and receipt of the specified fee, issue to the limited liability company one or more certified copies of the certificate of reinstatement.
(4) The secretary of state may not order a reinstatement if 5 years have elapsed since the date of dissolution.
(5) A restoration of limited liability company rights pursuant to this section relates back to the date the limited liability company was administratively dissolved, and the limited liability company is considered to have been an existing legal entity from the date of its original organization.

Montana § 35-8-912 (Reinstatement Following Administrative Dissolution) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.