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

6.__Authority of registered agent.__The administrative dissolution of a domestic limited partnership does not terminate the authority of its registered agent.

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

8.__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.

§408-C.__Reinstatement following administrative dissolution of

domestic limited partnership

1.__Application for reinstatement.__A domestic limited partnership administratively dissolved under section 408-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 partnership and the effective date of its administrative dissolution;

B.__State that the ground or grounds for dissolution either did not exist or have been eliminated; and

C.__State that the domestic limited partnership's name satisfies the requirements of section 403-A.

2.__Reinstatement after administrative dissolution.__If the Secretary of State determines that the application contains the information required under subsection 1 and is accompanied by the reinstatement fee set forth in section 526, subsection 6-A, and that the information is correct, the Secretary of State shall cancel the administrative dissolution and prepare a notice of reinstatement that recites that determination and the effective date of reinstatement. The Secretary of State shall send notice