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 revoking the status of a financial institution or credit union as a registered limited liability partnership under this section.

§808-C.__Reinstatement following revocation

1.__Application for reinstatement.__A partnership whose status as a registered limited liability partnership has been revoked under section 808-B may apply to the Secretary of State for reinstatement within 6 years after the effective date of revocation. The application must:

A.__State the name of the registered limited liability partnership and the effective date of its revocation;

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

C.__State that the registered limited liability partnership's name satisfies the requirements of section 803-A.

2.__Reinstatement after revocation.__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 871, subsection 7-A, and that the information is correct, the Secretary of State shall cancel the revocation and prepare a notice of reinstatement that recites that determination and the effective date of reinstatement. The Secretary of State shall send notice to the registered limited liability partnership at its last registered office address.

3.__Effect of reinstatement.__When the reinstatement is effective under subsection 2, it relates back to and takes effect as of the effective date of the revocation, and the registered limited liability partnership resumes business as if the revocation had not occurred.