47-26-40. Dissolution by expiration of period of duration--Extension of period of duration.
56 words·~1 min read·
/sd/title-47/chapter-47-26/47-26-40A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If a corporation was dissolved by the expiration of its period of duration, such corporation may amend its articles of incorporation at any time within two years after the date of such dissolution so as to extend its period of duration. Such amendment shall be considered to be a petition for reinstatement under § 47-24-14 .