The bill amends the nonprofit corporation laws in Title 13-B as follows. It:

1. Makes the necessary changes to the process of issuing a certificate of existence, certificate of authority or certificate of fact;

2. Repeals language relating to the suspension of a domestic nonprofit corporation and enacts language for the administrative dissolution and reinstatement process for a domestic nonprofit corporation;

3. Adds language to establish a process for nonprofit corporations that were suspended prior to July 1, 2004 to reinstate up to June 30, 2010;

4. Makes necessary changes to conform to the new revocation of authority process for a foreign nonprofit corporation;

5. Adds language to provide for an amended annual report filing in the event that the officers or directors of the corporation change and the corporation determines that it is necessary to update the information on file prior to the filing of the next required annual report;

6. Makes the necessary changes to the language for the failure to file an annual report and moves the fee to the fee section;

7. Establishes a flat fee of $10 for a certificate of existence, certificate of authority or certificate of fact instead of the tiered fee under current law;

8. Establishes the fee for an amended annual report filing at $20;

9. Repeals the fee for a written response to a request for information on file. The new certificate of fact established in this bill replaces this process; and

10. Establishes the reinstatement fees after administrative dissolution and pulls together all reinstatement fees cited throughout Title 13-B into one section.

The bill amends the Maine Business Corporation Act to provide consistency with other entity laws. It: