05-LA 064

2005 -- H 6625

Enacted 07/19/05

A N A C T

TO VACATE THE FORFEITURE OR REVOCATION OF THE CHARTER OF THE ACADEMY PLAYERS

Introduced By: Representative Robert A. Watson

Date Introduced: June 22, 2005

It is enacted by the General Assembly as follows:

     SECTION 1. The time within which THE ACADEMY PLAYERS, incorporated May 17,

1956 shall file the reports for the years 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994,

1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 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., 2005 if said corporation shall file in the office of the Secretary of

State before December 31, 2005, 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 charter had taken place.

     SECTION 2. This act shall take effect on passage

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LC03575

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