2018 -- H 7243

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LC003889

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2018

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A N   A C T

TO VACATE THE FORFEITURE OR REVOCATION OF THE CHARTER OF PRUDENCE

PARK WATER ASSOCIATION, INC.

     Introduced By: Representatives Donovan, and Canario

     Date Introduced: January 19, 2018

     Referred To: House Finance

     It is enacted by the General Assembly as follows:

     SECTION 1. The time within which Prudence Park Water Association, Inc., incorporated

on December 29, 1997, shall file the reports for the years 2004, 2005, 2006, 2007, 2008, 2009,

2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017 and 2018 as required under the provisions of §

7-6-90 of the general laws of Rhode Island, 1956, is hereby extended to the 31st day of

December, A.D., 2018 if said corporation shall file in the office of the secretary of state before

December 31, 2018, the reports which it should have filed in the said years and shall pay to the

secretary of state the filing fees therefor, having previously thereto paid to the general treasurer

for the use of the state such sum as the attorney general shall decide should be paid by said

corporation as a compromise for the penalty or penalties for its failure to file such reports then the

forfeiture or revocation of the charter of said corporation shall thereupon, to wit, upon the filing

of said reports and the payment of said fees, be vacated and said corporation shall thereupon be

entitled to all of the privileges, benefits and powers and subject to the same duties and liabilities

as though no forfeiture or revocation of its said charter had taken place.

     SECTION 2. This act shall take effect upon passage.

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LC003889

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