2017 -- S 0618 | |
======== | |
LC001707 | |
======== | |
STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2017 | |
____________ | |
A N A C T | |
RELATING TO CORPORATIONS, ASSOCIATIONS, AND PARTNERSHIPS - RHODE | |
ISLAND NONPROFIT CORPORATION ACT | |
| |
Introduced By: Senators Lombardo, Archambault, and Algiere | |
Date Introduced: March 16, 2017 | |
Referred To: Senate Commerce | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 7-6-75 of the General Laws in Chapter 7-6 entitled "Rhode Island |
2 | Nonprofit Corporation Act" is hereby amended to read as follows: |
3 | 7-6-75. Filing of application for certificate of authority. |
4 | (a) The application of the corporation for a certificate of authority shall be delivered to |
5 | the secretary of state, together with a copy of its articles of incorporation and all amendments to |
6 | it, duly certified by the proper officer of the state or country under the laws of which it is |
7 | incorporated together with a certificate of good standing or legal existence issued by the proper |
8 | officer of the state or country under the laws of which it is incorporated. |
9 | (b) If the secretary of state finds that the application conforms to law, the secretary of |
10 | state shall, when all fees have been paid as prescribed in this chapter: |
11 | (1) Endorse on the documents the word "Filed," and the month, day, and year of the |
12 | filing. |
13 | (2) File in the secretary of state's office the original of the application and the copy of the |
14 | articles of incorporation and amendments to it certificate of good standing or legal existence |
15 | issued by the proper officer of the state or country under the laws of which it is incorporated. |
16 | (3) Issue a certificate of authority to conduct affairs in this state. |
17 | (c) The certificate of authority shall be delivered to the corporation or its representative. |
| |
1 | SECTION 2. This act shall take effect upon passage. |
======== | |
LC001707 | |
======== | |
| LC001707 - Page 2 of 3 |
EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO CORPORATIONS, ASSOCIATIONS, AND PARTNERSHIPS - RHODE | |
ISLAND NONPROFIT CORPORATION ACT | |
*** | |
1 | This act would simplify the application process of a foreign corporation to obtain a |
2 | certificate of authority by requiring it to produce only a certificate of good standing or legal |
3 | existence by a proper officer of the state or country where it was incorporated. |
4 | This act would take effect upon passage. |
======== | |
LC001707 | |
======== | |
| LC001707 - Page 3 of 3 |