3.__Effect of administrative dissolution; prohibition.__A domestic limited liability company administratively dissolved continues its existence but may not transact any business in this State except as necessary to wind up the affairs of the limited liability company.

4.__Validity of contracts; right to be sued; right to defend suit.__The administrative dissolution of a domestic limited liability company under this section does not impair:

A.__The validity of any contract or act of the domestic limited liability company;

B.__The right of any other party to the contract to maintain any action, suit or proceeding on the contract; or

C.__The right of the domestic limited liability company to defend any action, suit or proceeding in any court of this State.

5.__Authority of registered agent.__The administrative dissolution of a domestic limited liability company does not terminate the authority of its registered agent.

6.__Protecting domestic limited liability company name after administrative dissolution.__The name of a domestic limited liability company remains in the Secretary of State's record of limited liability company names and is protected for a period of 3 years following administrative dissolution.

§608-C.__Reinstatement following administrative dissolution

1.__Application for reinstatement.__A domestic limited liability company administratively dissolved under section 608-B may apply to the Secretary of State for reinstatement within 6 years after the effective date of dissolution. The application must:

A.__State the name of the domestic limited liability company and the effective date of its administrative dissolution;

B.__State that the ground or grounds for dissolution of the domestic limited liability company either did not exist or have been eliminated; and