LD 1767
pg. 44
Page 43 of 55 PUBLIC Law Chapter 631 Page 45 of 55
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LR 2593
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6.__Protecting limited liability partnership name after
revocation.__The name of a limited liability partnership remains
in the Secretary of State's record of limited liability
partnership names and is protected for a period of 3 years
following revocation.

 
7.__Notice to Superintendent of Financial Institutions in case
of financial institution or credit union.__In the case of a
financial institution authorized to do business in this State or
a credit union authorized to do business in this State, as
defined in Title 9-B, the Secretary of State shall notify the
Superintendent of Financial Institutions within a reasonable time
prior to revoking the status of a financial institution or credit
union as a registered limited liability partnership under this
section.

 
§808-C.__Reinstatement following revocation

 
1.__Application for reinstatement.__A partnership whose status
as a registered limited liability partnership has been revoked
under section 808-B may apply to the Secretary of State for
reinstatement within 6 years after the effective date of
revocation. The application must:

 
A.__State the name of the registered limited liability
partnership and the effective date of its revocation;

 
B.__State that the ground or grounds for revocation either
did not exist or have been eliminated; and

 
C.__State that the registered limited liability
partnership's name satisfies the requirements of section
803-A.

 
2.__Reinstatement after revocation.__If the Secretary of State
determines that the application contains the information required
under subsection 1 and is accompanied by the reinstatement fee
set forth in section 871, subsection 7-A, and that the
information is correct, the Secretary of State shall cancel the
revocation and prepare a notice of reinstatement that recites
that determination and the effective date of reinstatement. The
Secretary of State shall send notice to the registered limited
liability partnership at its last registered office address.

 
3.__Effect of reinstatement.__When the reinstatement is
effective under subsection 2, it relates back to and takes effect
as of the effective date of the revocation, and the registered
limited liability partnership resumes business as if the
revocation had not occurred.


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