§ 409 — Penalty for failure to file; cure

§ 409. Penalty for failure to file; cure.\n 1. Each corporation which has failed to file its statement within the\ntime required by this chapter after thirty days shall be shown to be\npast due on the records of the department of state.\n 2. Each corporation which has failed to file its statement for two\nyears shall be shown to be delinquent on the records of the department\nof state sixty days after a notice of delinquency has been mailed to the\nlast known address of such corporation. Such delinquency shall be\nremoved from the records of the department of state upon the filing of\nthe current statement required by section four hundred eight of this\narticle, and the payment of a fine of two hundred fifty dollars.\n 3. The notice of delinquency shall state the cure and fine for such\ndelinquency as determined by subdivision two of this section and the\nperiod during which such delinquency shall be foreborne without the\nimposition of such fine.\n 4. This section shall not apply to corporations that have submitted a\nstatement pursuant to paragraph eight of section four hundred eight of\nthis chapter.\n