2017 -- H 5647

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LC001782

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2017

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A N   A C T

RELATING TO CORPORATIONS, ASSOCIATIONS, AND PARTNERSHIPS - RHODE

ISLAND NONPROFIT CORPORATION ACT

     

     Introduced By: Representatives Ackerman, O'Brien, Edwards, Solomon, and
McKiernan

     Date Introduced: March 01, 2017

     Referred To: House Corporations

     (Secretary of State)

It is enacted by the General Assembly as follows:

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     SECTION 1. Section 7-6-75 of the General Laws in Chapter 7-6 entitled "Rhode Island

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Nonprofit Corporation Act" is hereby amended to read as follows:

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     7-6-75. Filing of application for certificate of authority.

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     (a) The application of the corporation for a certificate of authority shall be delivered to

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the secretary of state, together with a copy of its articles of incorporation and all amendments to

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it, duly certified by the proper officer of the state or country under the laws of which it is

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incorporated together with a certificate of good standing or legal existence issued by the proper

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officer of the state or country under the laws of which it is incorporated.

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     (b) If the secretary of state finds that the application conforms to law, the secretary of

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state shall, when all fees have been paid as prescribed in this chapter:

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     (1) Endorse on the documents the word "Filed," and the month, day, and year of the

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filing.

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     (2) File in the secretary of state's office the original of the application and the copy of the

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articles of incorporation and amendments to it certificate of good standing or legal existence

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issued by the proper officer of the state or country under the laws of which it is incorporated.

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     (3) Issue a certificate of authority to conduct affairs in this state.

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     (c) The certificate of authority shall be delivered to the corporation or its representative.

 

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     SECTION 2. This act shall take effect upon passage.

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO CORPORATIONS, ASSOCIATIONS, AND PARTNERSHIPS - RHODE

ISLAND NONPROFIT CORPORATION ACT

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     This act would simplify the application process of a foreign corporation to obtain a

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certificate of authority by requiring it to produce only a certificate of good standing or legal

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existence by a proper officer of the state or country where it was incorporated.

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     This act would take effect upon passage.

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LC001782

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