Reinstatement following administrative revocation
(1) A limited liability partnership for which the Secretary of State has administratively revoked its registration as a limited liability partnership may apply to the Secretary of State for reinstatement within five years from the date of revocation. The application shall:
(a) State the name of the limited liability partnership and the effective date of the administrative revocation of its registration as a limited liability partnership; and
(b) State that the ground or grounds for revocation either did not exist or have been eliminated.
(2) If the Secretary of State determines that the application contains the information required by subsection (1) of this section, that the information is correct and that the limited liability partnership’s name satisfies the requirements of ORS 67.625 (Limited liability partnership name), the Secretary of State shall reinstate the registration of the limited liability partnership.
(3) When the reinstatement is effective, it relates back to and takes effect as of the effective date of the administrative revocation and the partnership’s status as a limited liability partnership continues as if the administrative revocation had never occurred. [1997 c.775 §65]
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