04 NCAC 16L .0103. REVOCATION AND CANCELLATION OF DISSOLUTION

(a)  At any time after the filing of the plan of liquidation and prior to the filing of a certificate of dissolution, a voluntary dissolution may be revoked by filing of a statement of revocation of dissolution.  The contents of such a statement and the proceedings taken so as to revoke a dissolution shall conform with such adaptations as are appropriate to revocation under either G.S. 54B‑40 or 54B‑41 or 54C‑40 or 54C‑41.

(b)  Upon the filing of such statement of revocation of dissolution, the revocation of the voluntary dissolution proceedings shall become effective and the savings institution may again carry on business.

 

History Note:        Filed as a Temporary Amendment Eff. October 2, 1991 for a period of 180 days to expire

on March 31, 1992;

Statutory Authority G.S. 54B‑42; 54B‑55; 54C‑42; 54C‑53;

Eff. October 1, 1987;

Amended Eff. February 15, 1992.