LD 1767
pg. 18
Page 17 of 54 An Act To Amend the Laws Relating to Corporations, Limited Partnerships, Limite... Page 19 of 54
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LR 2593
Item 1

 
denial. The limited partnership appeals by petitioning the court to
set aside the dissolution and attaching to the petition copies of
the Secretary of State's notice of administrative dissolution, the
limited partnership's application for reinstatement and the
Secretary of State's notice of denial.

 
3.__Court action.__The court may summarily order the Secretary
of State to reinstate an administratively dissolved domestic
limited partnership or may take other action the court considers
appropriate.

 
4.__Final decision.__The court's final decision in an appeal
under this section may be appealed as in other civil proceedings.

 
§408-E.__Reinstatement of suspended domestic limited partnership

 
1.__Reinstatement after suspension.__A domestic limited
partnership that was suspended before July 1, 2004 may apply to
the Secretary of State for reinstatement and the reinstatement
may be granted, if:

 
A.__The Secretary of State determines that the application
contains the information required under section 408-C,
subsection 1;

 
B.__The application for reinstatement is accompanied by the
reinstatement fee set forth in section 526, subsection 6-A;
and

 
C.__The application for reinstatement is received by the
Secretary of State by June 30, 2010.

 
2.__Effect on domestic limited partnership failing to
reinstate by June 30, 2010.__A domestic limited partnership that
fails to meet the requirements of subsection 1 is
administratively dissolved and may not reinstate.

 
3.__Protecting domestic limited partnership name after
suspension.__The name of a domestic limited partnership that is
suspended remains in the Secretary of State's record of limited
partnership names and is protected for a period of 3 years
following suspension.

 
Sec. 28. 31 MRSA §413, sub-§5, as amended by PL 1991, c. 780, Pt. U,
§26, is repealed.

 
Sec. 29. 31 MRSA §416-A is enacted to read:

 
§416-A.__Certificate of existence; certificate of authority;

 
certificate of fact


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