Section 1012. Certificate of annulment of dissolution and reinstatement of corporate existence  


Latest version.
  • (a)  Any  corporation  dissolved  under  former  section  57  of   the
      membership corporations law may, at any time after the effective date of
      this  chapter,  deliver  to the department of state a signed certificate
      which shall be entitled, "certificate of annulment  of  dissolution  and
      reinstatement  of  corporate  existence of .............................
      (name of corporation) pursuant to section  1012  of  the  Not-for-Profit
      Corporation Law", and shall set forth:
        (1)  The name of the corporation and, if it has been changed, the name
      under which it was formed.
        (2) The date of the filing of its certificate of incorporation by  the
      department of state.
        (3) The law under which it was formed.
        (4)   That  it  failed  to  deliver  to  the  department  of  state  a
      certificate,  as  required  by  subdivision  1  of  section  57  of  the
      membership corporations law.
        (5)  That  it  elects  to  be reinstated and to continue its corporate
      existence.
        (6) That, under section 201 (Purposes), it  is  a  Type  .............
      (Insert A, B, C or D) not-for-profit corporation.
        (b)  Notwithstanding subparagraph one of paragraph (a) of section 1006
      (Corporate action and  survival  of  remedies  after  dissolution),  the
      directors  of  a  corporation  whose  dissolution is annulled under this
      section shall be deemed trustees of its assets, unless such assets  have
      been  distributed  pursuant  to section 1002-a (Carrying out the plan of
      dissolution and distribution of assets).
        (c) The filing of such certificate by the department  of  state  shall
      have  the  effect  of annulling all of the proceedings theretofore taken
      for the dissolution of such corporation, and it  shall  thereafter  have
      such  corporate  powers,  rights,  privileges,  immunities,  duties  and
      liabilities as it had on the date of publication of the proclamation  of
      dissolution, as if such proclamation had not been made and published.
        (d)  The department of state shall not file a certificate of annulment
      of dissolution and reinstatement of corporate existence if the  name  of
      the  corporation  being  reinstated  is  not available under section 301
      (Corporate name; general) for use by a  corporation  then  being  formed
      under this chapter, unless such certificate shall change the name to one
      which is available for such use.
        (e)  If,  after the publication of the proclamation of dissolution, it
      shall appear that the name of any corporation was  erroneously  included
      therein,  the  secretary of state shall make an appropriate entry on the
      records of the department of state, which entry shall have the effect of
      annulling all of the proceedings theretofore taken for  the  dissolution
      of  the corporation under this section, and it shall have such corporate
      powers, rights, privileges, immunities, duties and liabilities as it had
      on the date  of  such  publication  of  the  proclamation,  as  if  such
      proclamation had not been made and published.
        (f)  Whenever  a  corporation  has  complied with paragraph (a) or the
      action specified in paragraph (e) has been taken, the secretary of state
      shall publish a notice thereof in the  state  advertising  bulletin  and
      shall  send  a copy of such bulletin to the clerk of the county in which
      the office of the corporation is located. The county  clerk  shall  file
      such copy and make appropriate entry on his record without charge.
        (g)  Nothing in this section shall be deemed to extend the duration of
      any corporation as stated in its certificate of incorporation.
        (h) The fee of the secretary of state for filing a  certificate  under
      this section shall be ten dollars.