Montana Code 35-12-620. Reinstatement following cancellation for failure to renew
35-12-620. Reinstatement following cancellation for failure to renew. (1) If a certificate of limited partnership was canceled under 35-12-610 for failure to renew, an application for reinstatement of the original certificate may be made to the secretary of state within 5 years after the effective date of the cancellation.
Terms Used In Montana Code 35-12-620
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
(2)The application must:
(a)state the name of the limited partnership and the date its certificate of limited partnership was canceled;
(b)state that the limited partnership’s name satisfies the requirements of 35-12-505; and
(c)include the information required in 35-12-601.
(3)If the secretary of state determines that the information provided is sufficient and correct, the secretary of state shall reinstate the certificate of limited partnership and send confirmation to the limited partnership.
(4)When reinstated under this section, the certificate of limited partnership becomes effective as if it had not been canceled.