Rhode Island SB 988: AN ACT TO VACATE THE FORFEITURE OR REVOCATION OF THE CHARTER OF PRP, INC.

Bill Text

2019 -- S 0988
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LC002814
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S T A T E O F R H O D E I S L A N D
IN GENERAL ASSEMBLY
JANUARY SESSION, A.D. 2019
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A N A C T
TO VACATE THE FORFEITURE OR REVOCATION OF THE CHARTER OF PRP, INC.
Introduced By: Senator Leonidas P. Raptakis
Date Introduced: June 18, 2019
Referred To: Placed on the Senate Consent Calendar

It is enacted by the General Assembly as follows:
SECTION 1. If, on or before December 31, 2019, PRP, Inc., incorporated on July 6, 1
2007, shall file any corporation tax returns as may be required, and shall pay all taxes which were 2
due or should have been due to the state, and shall file with the secretary of state a certificate 3
signed by the tax administrator that such tax returns and such taxes have been paid; and shall also 4
file all reports and pay all fees which may be required by the secretary of state, then the 5
revocation of the charter of said corporation shall thereupon to wit, upon the filing of said 6
certificate, said reports and the payment of said fees, be vacated and said corporation shall 7
thereupon be entitled to all privileges, benefits and powers and subject to all of the same duties 8
and liabilities as though no revocation of its charter had taken place. 9
SECTION 2. This act shall take effect upon passage. 10
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LC002814
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