The Arizona Revised Statutes have been updated to include the revised sections from the 56th Legislature, 1st Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 56th Legislature, 2nd Regular Session, which convenes in January 2024.
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This online version of the Arizona Revised Statutes is primarily maintained for legislative drafting purposes and reflects the version of law that is effective on January 1st of the year following the most recent legislative session. The official version of the Arizona Revised Statutes is published by Thomson Reuters.
43-1157 - Clearance of revivor by corporation commission
43-1157. Clearance of revivor by corporation commission
A. Before any certificate of revivor is issued by the department it shall obtain from the corporation commission an endorsement upon such application of the fact that such corporation then qualifies for revival of corporate powers, rights and privileges.
B. Upon the issuance of such certificate by the department, the taxpayer therein named shall become reinstated. Such reinstatement shall be without prejudice to any action, defense or right which has accrued by reason of the original suspension or forfeiture.
C. The certificate of revivor shall be prima facie evidence of such reinstatement and such certificate may be recorded in the office of the county recorder of any county of this state.
D. A copy of such certificate shall be forwarded to the corporation commission for its files.