Bill > S0840

This bill provides a specific opportunity for Leo's Service Center, Inc., a corporation originally incorporated on October 6, 1995, to reinstate its corporate charter after having it revoked. The bill allows the corporation to restore its legal status if, by December 31, 2025, it completes several key requirements: filing all outstanding corporation tax returns, paying all taxes that were due or should have been due to the state, obtaining a certificate from the tax administrator confirming tax compliance, filing all required reports with the secretary of state, and paying all required fees. If Leo's Service Center, Inc. successfully meets these conditions, its corporate charter will be automatically reinstated, and the corporation will be restored to its previous legal standing, with full privileges, benefits, and powers, as if the charter revocation had never occurred. The act would take effect immediately upon its passage, providing a time-limited pathway for the corporation to resolve its past administrative and tax issues and regain its corporate status.

Business and Industry

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