Source: http://www.wvlegislature.gov/bill_status/bills_text.cfm?billdoc=HB2554%20SUB%20ENR.htm&yr=2013&sesstype=RS&i=2554
Timestamp: 2018-04-21 00:43:05
Document Index: 283718700

Matched Legal Cases: ['§31', '§31', '§31', '§31', '§59', '§31', '§59']

Enrolled Version - Final Version House Bill 2554 History
AN ACT to amend and reenact §31D-15-1532 of the Code of West Virginia, 1931, as amended; to amend said code by adding thereto a new section, designated §31D-15-1533; to amend and reenact §31E-14-1432 of said code; to amend said code by adding thereto a new section, designated §31E-14-1533; and to amend and reenact §59-1-2 of said code, all relating to providing a procedure for the Secretary of State to reinstate certificates of authority for foreign corporations after an administrative revocation; providing for contents of application; providing for effective date of reinstatement; providing for appeal from denial of reinstatement; providing that reinstatement fee is the same for foreign and domestic limited liability companies and foreign and domestic corporations; and establishing a fee for additional parties to a merger when filing articles of merger.
§31E-14-1432.. Reinstatement following administrative revocation.
(d) The circuit court's final decision may be appealed to the West Virginia Supreme Court of Appeals in accordance with article six, chapter twenty-nine-a of this code.CHAPTER 59. FEES, ALLOWANCES AND COSTS;
NEWSPAPERS; LEGAL ADVERTISEMENTS.ARTICLE 1. FEES AND ALLOWANCES.§59-1-2. Fees to be charged by Secretary of State.
(M) Statement of conversion, when permitted, from one business entity into another business entity, in addition to the cost of filing the appropriate documents to organize the surviving entity, $25;
(N) Articles of dissolution of a corporation, voluntary association or business trust or statement of dissolution of a general partnership, $25;
(O) Revocation of voluntary dissolution of a corporation, voluntary association or business trust, $15;
(P) Articles of termination of a limited liability company, cancellation of a limited partnership or statement of withdrawal of limited liability partnership, $25; and
(Q) Reinstatement of a domestic or foreign limited liability company, a professional limited liability company or a domestic or foreign corporation after administrative dissolution or revocation, $25.
(O) Statement of conversion, when permitted, from one business entity into another business entity, in addition to the cost of filing the appropriate articles or certificate to organize the surviving entity, $25; and
(P) Certificate of withdrawal or cancellation of a corporation, limited partnership, limited liability partnership, limited liability company, voluntary association or business trust, $25.
(G) For the annual renewal of the name registration, $10; and
(B) For each additional certificate pertaining to the same transaction, $5;
(E) For recording any paper for which no specific fee is prescribed, $5.
(d) The records maintained by the Secretary of State are prepared and indexed at the expense of the state and those records may not be obtained for commercial resale without the written agreement of the state to a contract including reimbursement to the state for each instance of resale.
(4) The annual attorney-in-fact fee for limited liability companies as designated in section one hundred eight, article one, chapter thirty-one-b of this code and established in section two hundred eleven, article two of said chapter. After June 30, 2008, the annual report fees designated in section one hundred eight, article one, chapter thirty-one-b of this code shall upon collection be deposited in the general administrative fees account described in subsection (h) of this section;
(g) Any balance in the service fees and collections account established by this section which exceeds $500,000 as of June 30, 2003, and each year thereafter, expires to the state fund, General Revenue Fund.
(h)(1) Effective July 1, 2008, there is hereby created in the State Treasury a special revenue account to be known as the general administrative fees account. Expenditures from the account shall be used for the operation of the Office of the Secretary of State and are not authorized from collections but are to be made only in accordance with appropriation by the Legislature and in accordance with the provisions of article three, chapter twelve of this code and upon the fulfillment of the provisions set forth in article two, chapter eleven-b of this code. For the fiscal year ending June 30, 2009, expenditures are authorized from collections rather than pursuant to an appropriation by the Legislature. Any balance in the account at the end of each fiscal year shall not revert to the General Revenue Fund but shall remain in the fund and be expended as provided by this subsection.
(i) There is continued in the office of the Secretary of State a noninterest bearing, escrow account to be known as the "prepaid fees and services account". This account is for the purpose of allowing customers of the Secretary of State to prepay for services, with payment to be held in escrow until services are rendered. Payments deposited in the account shall remain in the account until services are rendered by the Secretary of State and at that time the fees will be reallocated to the appropriate general or special revenue accounts. There shall be no fee charged by the Secretary of State to the customer for the use of this account and the customer may request the return of any moneys maintained in the account at any time without penalty. The assets of the prepaid fees and services account do not constitute public funds of the state and are available solely for carrying out the purposes of this section.