This bill provides a pathway for F.H.J. Moving & Storage, Inc. to reinstate its corporate charter, which has been revoked. To achieve this, the corporation must file any required tax returns and pay all due taxes to the state by December 31, 2025. Additionally, the corporation must submit a certificate signed by the tax administrator confirming that all tax obligations have been met, along with any necessary reports and fees to the secretary of state. Upon fulfilling these conditions, the revocation of the corporation's charter will be vacated, allowing it to regain all privileges, benefits, powers, and responsibilities as if the revocation had never occurred.
The bill emphasizes the importance of compliance with tax obligations and administrative requirements for the reinstatement of the corporation's charter. It aims to facilitate the return of F.H.J. Moving & Storage, Inc. to good standing, thereby enabling it to operate fully within the legal framework established for corporations in the state. The act is set to take effect immediately upon passage.