                                 CODE OF VIRGINIA

REVOCATION OF DISSOLUTION (§ 13.1-744)

A. A corporation may revoke its dissolution at any time prior to the effective
date of its certificate of termination of corporate existence.

B. Revocation of dissolution shall be authorized in the same manner as the
dissolution was authorized unless that authorization permitted revocation by
action of the board of directors alone, in which event the board of directors
may revoke the dissolution without shareholder action.

C. After the revocation of dissolution is authorized, the corporation may revoke
the dissolution by delivering to the Commission for filing articles of
revocation of dissolution that set forth:

   1. The name of the corporation;

   2. The effective date of the dissolution that was revoked;

   3. The date that the revocation of dissolution was authorized;

   4. If the corporation&#8217;s board of directors revoked the dissolution, a
   statement to that effect and if dissolution was authorized by the
   shareholders, a statement that revocation was permitted by action of the board
   of directors alone pursuant to that authorization; and

   5. If shareholder action was required to revoke the dissolution, the
   information required by subdivision 3 of subsection A of &#xA7; 13.1-743.

D. If the Commission finds that the articles of revocation of dissolution comply
with the requirements of law and that all required fees have been paid, it shall
issue a certificate of revocation of dissolution.

E. When the certificate of revocation of dissolution is effective, it relates
back to and takes effect as of the effective date of the certificate of
dissolution and the corporation resumes carrying on its business as if the
dissolution had never occurred.

HISTORY: Code 1950, §§ 13.1-85, 13.1-86; 1956, c. 428; 1975, c. 500; 1985, c.
522; 2019, c. 734.