LA 072

2003--H6496

Enacted 06/26/03

A N A C T

TO VACATE THE FORFEITURE OR REVOCATION OF THE CHARTER OF FOSTER

SENIOR HOUSING, INC.

Introduced By: Representative Nicholas Gorham

Date Introduced: June 10, 2003

It is enacted by the General Assembly as follows:

     SECTION 1. The time within which the FOSTER SENIOR HOUSING, INC.,

incorporated March 15, 1978 shall file the reports for the years 1997, 1998, 1999, 2000, 2001,

and 2002 as required under the provisions of section 7-6-90 of the general laws of Rhode Island,

1956, is hereby extended to the 31st day of December, A.D., 2003 if said corporation shall file in

the office of the Secretary of State before December 31, 2003, the reports which it should have

filed in the said years, and shall pay to the Secretary of State the filing fees therefore, 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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LC03411

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