Guest Allie Posted January 27, 2011 at 10:22 PM Report Share Posted January 27, 2011 at 10:22 PM A corporation has been terminated with its state corporation commission and is not in good standing. Its annual report has not been filed and fees have not been paid but the Board of Directors (elected during this termination) continue business as usual by conducting board meetings, meeting of its members, electing officers and directors etc. What would be the proper procedure for a corporation which has been terminated and would like to reinstate. Who would handle the reinstatement? Who would the Board of directors be, if any? Can the members vote to get anything done without the Board? Link to comment Share on other sites More sharing options...
Chris Harrison Posted January 27, 2011 at 10:24 PM Report Share Posted January 27, 2011 at 10:24 PM A corporation has been terminated with its state corporation commission and is not in good standing. Its annual report has not been filed and fees have not been paid but the Board of Directors (elected during this termination) continue business as usual by conducting board meetings, meeting of its members, electing officers and directors etc. What would be the proper procedure for a corporation which has been terminated and would like to reinstate. Who would handle the reinstatement? Who would the Board of directors be, if any? Can the members vote to get anything done without the Board?RONR does not answer your question. I would recommend you speak to a lawyer who is familiar with the applicable laws. Link to comment Share on other sites More sharing options...
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