A Rhode Island Statement of Revocation of Voluntary Dissolution Proceedings By Act of Corporation (Domestic Corp) is a document filed with the Rhode Island Secretary of State’s office to revoke the voluntary dissolution of a domestic corporation. The statement must be signed by the majority of the board of directors and include the name of the corporation, the date of the voluntary dissolution, and the date of the revocation. It must be accompanied by a Certificate of Good Standing. There are two types of Rhode Island Statement of Revocation of Voluntary Dissolution Proceedings By Act of Corporation (Domestic Corp): the Form RI-CORP-35 and the Form RI-CORP-36. Form RI-CORP-35 is used to revoke the voluntary dissolution of a domestic corporation and is filed with the Rhode Island Secretary of State’s office. Form RI-CORP-36 is used to revoke the voluntary dissolution of a domestic non-profit corporation and is also filed with the Rhode Island Secretary of State’s office.
Rhode Island Statement of Revocation of Voluntary Dissolution Proceedings By Act of Corporation (Domestic Corp)
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FAQ
Businesses in Rhode Island that are no longer transacting business in this state must formally dissolve. Deciding to Close Your Business.Comply with Employment and Labor Laws.Resolve Financial Obligations.Obtain and Submit Appropriate Documents.Cancel Registrations, Permits, and Licenses.Maintain Records.
Loss of good standing is also known as revocation. A revocation is not an official dissolution, which means you will be liable for taxes and filings with the State of Rhode Island until you legally close your business.
If the business remains in default for a year, the State will revoke the entity's charter. Once revoked, if the entity is not reinstated within 5 years, it will be permanently revoked. As explained here, once it is permanently revoked, the entity may still be revived.
When revocation happens, a privilege, title, or status is removed from someone. If the library revokes your library card, you can no longer take out library books ? that's a type of revocation. If a restaurant is dirty, that could result in the revocation of its health license.
When an LLC is administratively dissolved or revoked, this means that compliance was not met. This could have been because an annual report was not filed or taxes were not paid. Before reinstatement, these obligations must be fulfilled to show the business is back in "good standing."
Revocation refers to cases in which the Articles of Incorporation for a Corporation or Articles of Organization for an LLC are revoked by the Secretary of State. Another term for Revocation is Administrative Dissolution.