10-1404. 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 shareholder action.


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 The effective date of the dissolution that was revoked.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 incorporators revoked the
dissolution, a statement to that effect.


5. If the corporation's board of directors revoked a dissolution authorized by the
shareholders, a statement that revocation was permitted by action by the board of
directors alone pursuant to that authorization.


6. If shareholder action was required to revoke the dissolution, the information
required by section 10-1403, subsection A, paragraph 3 or 4.


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 business as if dissolution had never occurred.