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        February 14, 2000



Mr. Speaker:

    The Business, Labor, and Economic Development Committee reports a favorable recommendation on H.B. 114, BUSINESS ENTITY AMENDMENTS, by Representative A. Bradshaw, with the following amendments:

1.    Page 4, Line 111:        After "(4)" delete "A" and insert "(a) Except as provided in Subsection (4)(b), a"

2.    Page 4, Line 113:        After line 113 insert:
            "(b) If the corporation is reinstated in accordance with this section, business conducted by the corporation during a period of administrative dissolution is unaffected by the dissolution."

3.    Page 9, Line 256:        Bracket "on" and insert "to"

4.    Page 9, Line 259:        After "notice" insert "of administrative dissolution"

5.    Page 9, Line 260:        Delete "and" and insert "or"

6.    Page 9, Line 261:        After "(ii)" insert "if there is no registered agent of record,"

7.    Page 9, Line 264:        After "(3)" bracket "A" and insert "(a) Except as provided in Subsection (3)(b), a"

8.    Page 9, Line 266:        Delete "(a):" and insert "(i)"

9.    Page 9, Line 268:        Delete "(b)" and insert "(ii)"

10.    Page 9, Line 269:        After line 269 insert:
            "(b) If the corporation is reinstated in accordance with Section 16-10a-1422, business conducted by the corporation during a period of administrative dissolution is unaffected by the dissolution."




11.    Page 11, Line 314:        After "dissolution" bracket "and" and insert ". Upon reinstatement: (a) an act of the corporation during the period of dissolution is effective and enforceable as if the administrative dissolution had never occurred; and
            (b)
"


    Respectfully,



    John William 'Bill' Hickman
    Committee Chair

Voting: 11-0-3
3 HB0114.HC1 2/14/00 10:11 AM mcperry/MCP PO/MCP


Bill Number
Action Class
Action Code

*HB0114*
*H*
*HCRAMD*

HB0114
H
HCRAMD