Utah Revocation of Dissolution (Corporation) is the process of reinstating a corporation that has been administratively dissolved and revoking the dissolution. It allows the corporation to continue to do business in the State of Utah. There are two types of Utah Revocation of Dissolution (Corporation): voluntary and involuntary. Voluntary revocation of dissolution occurs when the shareholders or directors of the corporation voluntarily agree to reinstate the corporation. Involuntary revocation of dissolution occurs when the corporation is reinstated by court order. In either case, the process of revocation of dissolution is initiated by filing a Certificate of Revocation of Dissolution with the Utah Division of Corporations and Commercial Code. This document must include the name of the corporation, the date of dissolution, and the date of revocation. The document must be signed by the corporation's president or vice-president or by a majority of the corporation's board of directors. The filing must also include a filing fee. Once the Certificate of Revocation of Dissolution is filed, the corporation is considered reinstated and the corporation’s rights, privileges, and liabilities are restored as if the dissolution had never occurred. The corporation must also file an annual report with the Division of Corporations and Commercial Code within 60 days of reinstatement.
Utah Revocation of Dissolution (Corporation)
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