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| 1. Decreases the fee for changing the address of the principal | | office of a foreign business corporation from $70 to $35; |
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| | | 2. Sets a fee of $100 for the preclearance of any document. | | The service and fee were specified under the old business | | corporation act, Title 13-A, but were inadvertently omitted from | | the new Title 13-C; |
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| | | 3. Clarifies the language requiring that a certificate of | | existence or certificate of authority set forth the name of the | | corporation; |
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| | | 4. Clarifies the time frames and language for administrative | | dissolution of domestic corporations; |
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| | | 5. Clarifies the time frames and language for revocation of | | authority of foreign corporations; and |
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| | | 6. Clarifies the process by which an administratively | | dissolved corporation may reinstate after failure to file an | | annual report. |
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| | | The bill makes conforming amendments to the limited | | partnership laws in Title 31, chapter 11. It: |
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| | | 1. Repeals language relating to the suspension of a domestic | | limited partnership and enacts language for the administrative | | dissolution and reinstatement process for a domestic limited | | partnership; |
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| | | 2. Adds language to establish a process for domestic limited | | partnerships that were suspended prior to July 1, 2004 to | | reinstate up to June 30, 2010; |
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| | | 3. Repeals language relating to the adoption of rules for the | | former name availability standard of "deceptively similar"; |
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| | | 4. Makes necessary changes to the process of issuing a | | certificate of existence, certificate of authority or certificate | | of fact; |
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| | | 5. Repeals language relating to the revocation of authority | | for a foreign limited partnership and enacts a new revocation of | | authority process for a foreign limited partnership; |
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| | | 6. Increases the fee for filing an application to renew the | | registration of a foreign limited partnership name from $155 to | | $200; |
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