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.

7.__Notice to Superintendent of Financial Institutions in case of financial institution or credit union.__In the case of a financial institution authorized to do business in this State or a credit union authorized to do business in this State, as defined in Title 9-B, the Secretary of State shall notify the Superintendent of Financial Institutions within a reasonable time prior to administratively dissolving the financial institution or credit union under this section.

§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;