11-LA011

2011 -- H 5112

Enacted 02/23/11

 

 

A N A C T

TO VACATE THE FORFEITURE OR REVOCATION OF THE CHARTER OF THE POINT JUDITH FISHERMEN'S SCHOLARSHIP FUND, INC.

     

     

     Introduced By: Representative Donald J. Lally

     Date Introduced: January 25, 2011

 

     

 

It is enacted by the General Assembly as follows:

 

     SECTION 1. The time within the Point Judith Fishermen’s Scholarship Fund, Inc.,

incorporated June 20, 1973, shall file the reports for the years 1998, 1999, 2000, 2001, 2002,

2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, and 2011 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., 2011 if said corporation shall file in the office of the Secretary of State before

December 31, 2011, 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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LC00585

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