§ 564-F:20-2004 — Revocation of Dissolution

(a) A foundation may revoke the dissolution by filing with the secretary of state a certificate of revocation of dissolution.
(b) The certificate of revocation of dissolution shall set forth:
(1) The foundation's name;
(2) The date on which the revocation of the dissolution was authorized;
(3) If a majority of organizers have authorized the revocation of the dissolution, a statement that a majority of the organizers authorized the revocation of the dissolution;
(4) If a majority of initial directors have authorized the revocation of the dissolution, a statement that a majority of the initial directors authorized the revocation of the dissolution;
(5) If the founder authorized the revocation of the dissolution, a statement that the founder authorized the revocation of the dissolution; and
(6) If the board of directors authorized the revocation of the dissolution, a statement that the board of directors authorized the revocation of the dissolution.
(c) A foundation may revoke its dissolution within 120 days of the dissolution's effective date.
(d) The revocation of dissolution shall be authorized in the same manner as the dissolution was authorized.
(e) The revocation of dissolution is effective upon the filing of the certificate of revocation of dissolution.
(f) When the revocation of dissolution is effective, it relates back to and takes effect as of the effective date of the dissolution and the corporation resumes carrying on its business as if dissolution had never occurred.

Legislative History

2017, 257:47, eff. Oct. 1, 2017.