Code of Virginia - Title 13.1 Corporations - Section 13.1-1050.1 (Repealed effective April 1, 2009) Reinstatement

§ 13.1-1050.1. (Repealed effective April 1, 2009) Reinstatement

A limited liability company that has filed a certificate of cancellation may be relieved of the cancellation and its certificate of organization shall be reinstated by filing articles of reinstatement in the form prescribed by the Commission not later than five years following the date of cancellation, together with a reinstatement fee of $100 and all registration fees and penalties that were due before the certificate of organization was cancelled or that would have become due had the certificate of organization not been cancelled. If the name of the limited liability company is not available at the time of reinstatement, as a precondition to reinstatement, the articles of reinstatement shall contain an amendment to the articles of organization to change the limited liability company's name. If the limited liability company complies with the provisions of this section, the Commission shall reinstate the certificate of organization of the limited liability company, and the limited liability company shall be deemed not to have had its certificate of organization cancelled. In that event, the reinstated limited liability company shall resume carrying on its business as if neither cancellation nor dissolution had ever occurred, and any liability incurred by that limited liability company or a member, manager or other agent after the cancellation and before the reinstatement is determined as if cancellation had never occurred.

(1998, c. 432; 2004, c. 601.)

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Last modified: April 2, 2009