Connecticut Sample Letter for Petition for Reinstatement of Dissolved Corporation
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How to fill out Sample Letter For Petition For Reinstatement Of Dissolved Corporation?
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: to place again (as in possession or in a former position) 2. : to restore to a previous effective state. reinstatement.
Administrative dissolution is the taking away of the rights, powers, and authority of a domestic corporation, LLC, or other statutory business entity by the state administrator overseeing business entities, due to the entity's failure to comply with certain obligations of the business entity statute.
To begin, you need to determine the issue that caused your LLC or corporation's dissolution. Once you've solved the issue, whether its by paying late fees or taxes or submitting an overdue annual report, you will need to submit the reinstatement documents to the Secretary of State or Department of Revenue or both.
After his name was cleared, he was reinstated as committee chairperson. The company promised to reinstate [=rehire] the employees that had been laid off.
An act or instance of being restored to a former position or state; reestablishment:We are hoping the revised budget will include the reinstatement of the renewable energy tax credit program. Both local and national media covered the resignation and subsequent reinstatement of the organization's president.
A reinstatement clause is an insurance policy clause that states when coverage terms are reset after the insured individual or business files a claim due to previous loss or damage. Reinstatement clauses don't usually reset a policy's terms, but they do allow the policy to restart coverage for future claims.
If your Connecticut corporation was administratively dissolved (forfeited), and you want to continue your business in Connecticut, you will have to file a Certificate of Reinstatement with the Connecticut Secretary of the State, Commercial Recording Division (SOTS).
Reinstatement is the restoration of a person or thing to a former position. Regarding insurance, reinstatement allows a previously terminated policy to resume effective coverage.
