10-11404

10-11404. Revocation of dissolution

A. A corporation may revoke its dissolution within one hundred twenty days of its
effective date.

B. Revocation of dissolution shall be authorized in the same manner as the
dissolution was authorized unless that authorization permitted revocation by action of
the board of directors alone, in which event the board of directors may revoke the
dissolution without action by the members or any other person.

C. After the revocation of dissolution is authorized, the corporation may revoke
the dissolution by delivering to the commission for filing articles of revocation of
dissolution, together with a copy of its articles of dissolution, that set forth all of
the following:

1. The name of the corporation.

2. The effective date of the dissolution that was revoked.

3. The date that the revocation of dissolution was authorized.

4. If the corporation's board of directors, or its incorporators or initial
directors, revoked the dissolution a statement to that effect.

5. If the corporation's board of directors revoked a dissolution authorized by the
members alone or in conjunction with another person or persons, a statement that
revocation was permitted by action by the board of directors alone pursuant to that
authorization.

6. If member or third person action was required to revoke the dissolution, a
statement that revocation was permitted by act of the members and act of each third
person, as applicable.

D. Revocation of dissolution is effective on the effective date of the articles of
revocation of dissolution.

E. When the revocation of dissolution is effective, it relates back to and takes
effect as of the effective date of the dissolution and the corporation resumes carrying
on its activities as if dissolution had never occurred.