Section 42:2C-54 - Reinstatement following administrative dissolution.

NJ Rev Stat § 42:2C-54 (2019) (N/A)

Copy with citation

Copy as parenthetical citation

42:2C-54 Reinstatement following administrative dissolution.

54. Reinstatement Following Administrative Dissolution.

a. A limited liability company that has been placed on the inactive list may apply to the filing office for reinstatement. The application shall be delivered to the filing office for filing and state:

(1) the name of the company and such other information as may be required by the filing office to correctly identify the company; and

(2) that the company's name satisfies the requirements of section 8 of this act.

b. If the filing office determines that an application under subsection a. of this section contains the required information and that the information is correct, the filing office shall reinstate the company and provide notice of the reinstatement to the company.

c. When a reinstatement becomes effective, it relates back to and takes effect as of the effective date of the filing office action placing the company on the inactive list, and the limited liability company may resume its activities as if the filing office action had not occurred.

d. A reinstatement filed two or more years after a limited liability company has been placed on the inactive list shall require a tax clearance certificate.

L.2012, c.50, s.54; amended 2019, c.149, s.11.

Previous Section

Section 42:2C-53 - Administrative action.

Next Section

Section 42:2C-55 - Appeal from rejection of reinstatement.