Reinstatement within certain amount of time - Amendment of charter - Application for reinstatement

A nonprofit corporation that has been administratively dissolved by the expiration of its period of duration may reinstate within one (1) year of the expiration of the period of duration by: (1) Amending its charter to extend its period of duration or set the period of duration to perpetual; and (2) Filing an application for reinstatement following administrative dissolution pursuant to § 48-64-203 . Added by 2016 Tenn. Acts, ch. 688,s 4, eff. 7/1/2016. A nonprofit corporation that has been administratively dissolved by the expiration of its period of duration may reinstate within one (1) year of the expiration of the period of duration by: (1) Amending its charter to extend its period of duration or set the period of duration to perpetual; and (2) Filing an application for reinstatement following administrative dissolution pursuant to § 48-64-203 . Added by 2016 Tenn. Acts, ch. 688,s 4, eff. 7/1/2016.