hb1359.html
08 LC 29 3340S

The House Committee on Judiciary offers the following substitute to HB 1359:

A BILL TO BE ENTITLED
AN ACT

To amend Title 14 of the Official Code of Georgia Annotated, relating to corporations, partnerships, and associations, so as to provide for certain filing fees for late filing of annual registration, filing of articles of dissolution or intent to dissolve, or application of withdrawal for a business corporation, a nonprofit corporation, a foreign limited liability partnership, a partnership under the "Georgia Revised Uniform Limited Partnership Act," or a limited liability company; to change provisions relating to reinstatement of a corporation, nonprofit corporation, or limited liability company after such entity was administratively dissolved; to provide for related matters; to repeal conflicting laws; and for other purposes.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:

SECTION 1.
Title 14 of the Official Code of Georgia Annotated, relating to corporations, partnerships, and associations, is amended by revising Code Section 14-2-122, relating to filing fees and penalties, as follows:
"14-2-122.
The Secretary of State shall collect the following fees and penalties when the documents described in this Code section are delivered to him or her for filing:
Document
Fee
(1) Articles of incorporation
$ 100.00
(2) Application for certificate of authority
225.00
(3) Annual registration
30.00
(4) Penalty for late filing of annual registration
40.00
(4)(5) Agent´s statement of resignation
No fee
(5)(6) Certificate of judicial dissolution
No fee
(7) Articles of dissolution or intent to dissolve
No fee
(8) Application of withdrawal
No fee
(6)(9) Application for reservation of a corporate name
25.00
(7)(10) Civil penalty for a foreign corporation transacting business in this state without a certificate of authority

500.00
(8)(11) Statement of change of address of registered agent...$5.00 per corporation but not less than

20.00
(9)(12) Application for reinstatement
100.00
(10)(13) Certificate of conversion
95.00
(11)(14) Any other document required or permitted to be filed by this chapter
20.00"

SECTION 2.
Said title is further amended by revising subsections (a) and (b) of Code Section 14-2-1422, relating to reinstatement following administrative dissolution, as follows:
"(a) A corporation administratively dissolved under Code Section 14-2-1421 may apply to the Secretary of State for reinstatement within five years after the effective date of such dissolution. The application must shall:
(1) Recite the name of the corporation and the effective date of its administrative dissolution;
(2) State that the ground or grounds for dissolution either did not exist or have been eliminated;
(3) State that the name by which the corporation will be known after reinstatement satisfies the requirements of Code Section 14-2-401 Be accompanied by a notarized statement, signed by a person who was an officer or duly elected successor of the corporation at the time that the corporation was administratively dissolved, stating that such officer has knowledge of and assents to the application for reinstatement;
(4) Contain a statement by the corporation reciting that all taxes owed by the corporation have been paid; and
(5) Be accompanied by an amount equal to the total annual registration fees and penalties that would have been payable during the periods between dissolution and reinstatement, plus the fee required for the application for reinstatement, and any other fees and penalties payable for earlier periods.
(b) If the corporation´s name no longer satisfies the requirements of Code Section 14-2-401, the corporation shall, as a condition of reinstatement, include in its application for reinstatement the adoption of a corporate name that is available in accordance with Code Section 14-2-401 and that has been reserved pursuant to Code Section 14-2-402. If the application for reinstatement contains a new corporate name, the articles of incorporation shall be deemed to have been amended to change the name of the corporation to the name so adopted. The Secretary of State shall reserve the name of a corporation administratively dissolved under Code Section 14-2-1421 for such corporation´s specific use for a period of five years after the effective date of the dissolution or until the corporation is reinstated, whichever is sooner."

SECTION 3.
Said title is further amended by revising Code Section 14-3-122, relating to filing fees for nonprofit corporations, as follows:
"14-3-122.
(a) The Secretary of State shall collect the following fees when the documents described in this subsection Code section are delivered for filing:
Document
Fee
(1) Articles of incorporation
$ 100.00
(2) Application for certificate of authority
225.00
(3) Annual registration
30.00
(4) Penalty for late filing of annual registration
40.00
(4)(5) Agent´s statement of resignation
No fee
(5)(6) Certificate of judicial dissolution
No fee
(7) Articles of dissolution or intent to dissolve
No fee
(8) Application of withdrawal
No fee
(6)(9) Application for reservation of a corporate name
25.00
(7)(10) Statement of change of address of registered agent...$5.00 per corporation but not less than

20.00
(8)(11) Application for reinstatement
100.00
(9)(12) Any other document required or permitted to be filed by this chapter
20.00
(b) Each corporation, domestic or foreign, that fails or refuses to file its annual report for any year shall not be required to pay any penalty for so failing or refusing to file its annual report, but such corporation may be subject to administrative dissolution as provided in Code Section 14-3-1420."

SECTION 4.
Said title is further amended by revising subsections (a) and (b) of Code Section 14-3-1422, relating to reinstatement following administrative dissolution of a nonprofit corporation, as follows:
"(a) A corporation administratively dissolved under Code Section 14-3-1421 may apply to the Secretary of State for reinstatement within five years after the effective date of such dissolution. The application must shall:
(1) Recite the name of the corporation and the effective date of its administrative dissolution;
(2) State that the ground or grounds for dissolution either did not exist or have been eliminated;
(3) State that the name by which the corporation will be known after reinstatement satisfies the requirements of Code Section 14-3-401 Be accompanied by a notarized statement, signed by a person who was an officer or duly elected successor of the corporation at the time that the corporation was administratively dissolved, stating that such officer has knowledge of and assents to the application for reinstatement;
(4) Contain a statement by the corporation reciting that all taxes owed by the corporation have been paid; and
(5) Be accompanied by an amount equal to the total annual registration fees and penalties that would have been payable during the periods between dissolution and reinstatement, plus the fee required for the application for reinstatement, and any other fees and penalties payable for earlier periods.
(b) If the corporation´s name no longer satisfies the requirements of Code Section 14-3-401, the corporation shall, as a condition of reinstatement, include in its application for reinstatement the adoption of a corporate name that is available in accordance with Code Section 14-3-401 and that has been reserved pursuant to Code Section 14-3-402. If the application for reinstatement contains a new corporate name, the articles of incorporation shall be deemed to have been amended to change the name of the corporation to the name so adopted. The Secretary of State shall reserve the name of a corporation administratively dissolved under Code Section 14-2-1421 for such corporation´s specific use for a period of five years after the effective date of the dissolution or until the corporation is reinstated, whichever is sooner."

SECTION 5
Said title is further amended by revising Code Section 14-8-57, relating to filing fees pertaining to foreign limited liability partnerships, as follows:
"14-8-57.
The Secretary of State shall collect the following fees and penalties when the documents described below are delivered to the Secretary of State for filing pursuant to the chapter:
Document
Fee
(1) Application for certificate of authority to transact business
$ 200.00
(2) Statement of change of registered office or registered agent...$5.00 per foreign limited liability partnership, but not less than

20.00
(3) Registered agent´s statement of resignation pursuant to subsection (e) of Code Section 14-8-46

No fee
(4) Annual registration
25.00
(5) Penalty for late filing of annual registration
40.00
(6) Application of withdrawal
No fee
(5)(7) Any other document required or permitted to be filed by this chapter
20.00"

SECTION 6.
Said title is further amended by revising Code Section 14-9-1101, relating to fees under the "Georgia Revised Uniform Limited Partnership Act," as follows:
"14-9-1101.
The Secretary of State shall charge and collect for filing:
Document
Fee
(1) Filing a A certificate of limited partnership
$ 100.00
(2) Filing a A registration of a foreign limited partnership
225.00
(3) Filing an An annual registration
30.00
(4) Penalty for late filing of annual registration
40.00
(4)(5) Agent´s statement of resignation
No fee
(6) Certificate of cancellation
No fee
(7) Application of withdrawal
No fee
(5)(8) Statement of change of address of registered agent or registered office... $5.00 per limited partnership but not less than

20.00
(6)(9) Filing of an An amendment to a certificate of limited partnership for the purpose of becoming a limited liability partnership

100.00
(7)(10) Certificate of election to become a limited partnership
80.00
(8)(11) Certificate of conversion
95.00
(9)(12) Application for reservation of a name
25.00
(10)(13) Filing any Any other document required or permitted pursuant to this chapter

20.00"

SECTION 7.
Said title is further amended by revising paragraph (4) of subsection (b) of Code Section 14-11-603, relating to judicial and administrative dissolution of limited liability companies, as follows:
"(4) A limited liability company administratively dissolved under this Code section may apply to the Secretary of State for reinstatement within five years after the effective date of such dissolution. The application must shall:
(A) Recite the name of the limited liability company and the effective date of its administrative dissolution;
(B) State that the ground or grounds for dissolution either did not exist or have been eliminated;
(C) State that the limited liability company´s name satisfies the requirements of Code Section 14-11-207 Be accompanied by a notarized statement, signed by a person who was a manager or member or a successor in interest of the limited liability company at the time that the limited liability company was administratively dissolved, stating that such individual has knowledge of and assents to the application for reinstatement;
(D) Contain a statement by the limited liability company reciting that all taxes owed by the limited liability company have been paid; and
(E) Be accompanied by an amount equal to the total annual registration fees and penalties that would have been payable during the periods between dissolution and reinstatement, plus the fee required for the application for reinstatement, and any other fees and penalties payable for earlier periods.
If the Secretary of State determines that the application contains the information required by this paragraph and that the information is correct, he or she shall prepare a certificate of reinstatement that recites his or her determination and the effective date of reinstatement, file the original of the certificate, and serve a copy on the limited liability company. When the reinstatement is effective, it relates back to and takes effect as of the effective date of the administrative dissolution, and the limited liability company resumes carrying on its business as if the administrative dissolution had never occurred."

SECTION 8.
Said title is further amended by adding a new paragraph to subsection (b) of Code Section 14-11-603, relating to judicial and administrative dissolution of limited liability companies, to read as follows:
"(6) The Secretary of State shall reserve the name of a limited liability company administratively dissolved under Code Section 14-2-1421 for such limited liability company´s specific use for a period of five years after the effective date of the dissolution or until the limited liability company is reinstated, whichever is sooner."

SECTION 9.
Said title is further amended by revising subsection (a) of Code Section 14-11-1101, relating to filing fees and penalties for limited liability companies, as follows:
"(a) The Secretary of State shall collect the following fees when the documents described below are delivered to the Secretary of State for filing pursuant to this chapter:
Document
Fee
(1) Articles of organization
$ 100.00
(2) Articles of amendment
20.00
(3) Articles of merger
20.00
(4) Certificate of election under Code Section 14-11-212 (together with articles of organization)

95.00
(5) Application for certificate of authority to transact business
225.00
(6) Statement of commencement of winding up
20.00 No Fee
(7) Certificate of termination
20.00 No Fee
(8) Application of withdrawal
No fee
(8)(9) Articles of correction
20.00
(9)(10) Application for reservation of a name
25.00
(10)(11) Statement of change of registered office or registered agent...$5.00 per limited liability company (foreign or domestic), but not less than

20.00
(11)(12) Registered agent´s statement of resignation pursuant to subsection (d) of Code Section 14-11-209 or subsection (d) of Code Section 14-11-703

No fee
(12)(13) Certificate of judicial dissolution
No fee
(13)(14) Annual registration (foreign or domestic)
30.00
(15) Penalty for late filing of annual registration
40.00
(14)(16) Reinstatement fee
100.00
(15)(17) Any other document required or permitted to be filed by this chapter

20.00
(16)(18) Certificate of conversion
95.00"

SECTION 10.
All laws and parts of laws in conflict with this Act are repealed.