Utah Code § 59-7-534

may be relieved from that suspension or forfeiture by applying for that relief in
Open in Lexace · Ask the AI about this section
writing, paying the tax and the interest and penalties for nonpayment of which the suspension
or forfeiture occurred, and paying a reinstatement fee of $100. If the corporation has
done business in this state during the period of such suspension, a tax shall be computed
according to this chapter for each year in which the business was done, and the tax shall be
added to the delinquency and penalties provided in this section. If the due date of any return
required in this section has not passed, a return need not be filed until that due date.
(b) Application for revivor may be made by any stockholder or creditor of the corporation or by
a majority of the surviving trustees or directors, and the same shall be filed with the Division
of Corporations and Commercial Code. Upon payment to the commission of the taxes,
penalties, and reinstatement fee provided for in this section, the Division of Corporations and
Commercial Code shall issue a certificate of revivor, and the applicant shall be revived. The
revivor shall be without prejudice to any action, defense, or right which has accrued by reason
of the original suspension or forfeiture. The certificate of revivor is prima facie evidence of the
revivor.
(2) If any corporation has adopted, subsequent to such suspension or forfeiture, any name so
closely resembling the name of the reviving corporation as will tend to deceive, then the
reviving corporation is entitled to a certificate of revivor pursuant to the terms of this section
only upon adopting a new name, and in such case nothing in this section may be construed
as permitting the reviving corporation to carry on any business under its former name. The
reviving corporation may use its former name or may take the new name only upon filing an
application for it with the Division of Corporations and Commercial Code, and upon the issuing
of a certificate to such corporation by the Division of Corporations and Commercial Code,
setting forth the right of such corporation to take such new name or use its former name as the
case may be. The Division of Corporations and Commercial Code may not issue any certificate

permitting any corporation to take or use the name of any corporation already organized in this
state and which has not suffered a forfeiture, or take or use a name so closely resembling the
name of any corporation already organized in this state as will tend to deceive.
Renumbered and Amended by Chapter 169, 1993 General Session

‹ Prev All Utah sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.