Arizona Revised Statutes § 43-1157 Clearance Of Revivor By Corporation Commission

43-1157. Clearance of revivor by corporation commission

A. Before any certificate of revivor is issued by the department it shall obtain from the corporation commission an endorsement upon such application of the fact that such corporation then qualifies for revival of corporate powers, rights and privileges.

B. Upon the issuance of such certificate by the department, the taxpayer therein named shall become reinstated. Such reinstatement shall be without prejudice to any action, defense or right which has accrued by reason of the original suspension or forfeiture.

C. The certificate of revivor shall be prima facie evidence of such reinstatement and such certificate may be recorded in the office of the county recorder of any county of this state.

D. A copy of such certificate shall be forwarded to the corporation commission for its files.

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Last modified: October 13, 2016