§ 17-16-1404 — Revocation of dissolution

Wyoming § 17-16-1404

• Jurisdiction: Wyoming
• Title 17: Corporations, Partnerships and Associations
• Ch. 16: WYOMING BUSINESS CORPORATION ACT
• Art. 14: DISSOLUTION

Text

(a) A corporation may revoke its dissolution within one
hundred twenty (120) days of the effective date of the
dissolution.
(b) Revocation of dissolution shall be authorized in the
same manner as the dissolution was authorized unless that
authorization permitted revocation by action of the board of
directors alone, in which event the board of directors may
revoke the dissolution without shareholder action.
(c) After the revocation of dissolution is authorized, the
corporation may revoke the dissolution by delivering to the
secretary of state for filing articles of revocation of
dissolution, together with a copy of its articles of
dissolution, that set forth:
(i) The name of the corporation which shall satisfy
the requirements of W.S. 17-16-401;
(ii) The effective date of the dissolution that was
revoked;
(iii) The date that the revocation of dissolution was
authorized;
(iv) If the corporation's board of directors or
incorporators revoked the dissolution, a statement to that
effect;
(v) If the corporation's board of directors revoked a
dissolution authorized by the shareholders, a statement that
revocation was permitted by action by the board of directors
alone pursuant to that authorization; and
(vi) If shareholder action was required to revoke the
dissolution, the information required by W.S.
17-16-1403(a)(iii).
(d) Revocation of dissolution is effective upon the
effective date of the articles of revocation of dissolution.
(e) When the revocation of dissolution is effective, it
relates back to and takes effect as if the effective date of the
dissolution and the corporation resumes carrying on its business
as if dissolution had never occurred, except the corporation may
be required to adopt some other name by amending its articles of
incorporation in the manner provided by this act so its name
satisfies the requirements of W.S. 17-16-401.