§414D-6 Effective time and date of document.
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§414D-6 Effective time and date of document.
(a)Except as otherwise provided in subsection
(b)and section 414D-7(c), a document is effective:
(1)At the time of filing on the date it is filed, as evidenced by the department director's endorsement on the original document; or
(2)At the time specified in the document as its effective time on the date it is filed.
(b)Articles of dissolution, articles of conversion, and articles of merger may specify a delayed effective time and date, and if it does so the document becomes effective at the time and date specified. If a delayed effective date but no time is specified, the document is effective at the close of business on that date. A delayed effective date for a document may not be later than the thirtieth day after the date filed. [L 2001, c 105, pt of §1; am L 2003, c 124, §21]