ENROLLED ACT No. 107 2016 Regular Session HOUSE BILL NO. 284 BY REPRESENTATIVE FOIL 1 AN ACT 2 To amend and reenact R.S. 12:1-1007(A) and (C) and 1-1621(D), relative to the business 3 filings of corporations; to require restated articles of incorporation to include the 4 original articles of incorporation; to remove the grace period relative to filing 5 corrected annual reports; and to provide for related matters. 6 Be it enacted by the Legislature of Louisiana: 7 Section 1. R.S. 12:1-1007(A) and (C) and 1-1621(D) are hereby amended and 8 reenacted to read as follows: 9 §1-1007. Restated articles of incorporation 10 A. A corporation's board of directors may restate its articles of incorporation 11 at any time, with or without shareholder approval, to consolidate the articles of 12 incorporation and all amendments into a single document. 13 * * * 14 C. A corporation that restates its articles of incorporation shall deliver to the 15 secretary of state for filing articles of restatement setting forth the name of the 16 corporation and the text of the restated articles of incorporation the entire text of the 17 original articles as amended by all amendments, together with a certificate which 18 states that the restated articles consolidate the articles of incorporation and all 19 amendments into a single document and, if a new amendment is included in the 20 restated articles, which also includes the statements required under R.S. 12:1-1006. 21 * * * 22 §1-1621. Annual report for secretary of state 23 * * * Page 1 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. HB NO. 284 ENROLLED 1 D. If an annual report does not contain the information required by this 2 Section, the secretary of state shall promptly notify the corporation in writing and 3 return the report to it for correction. If the report is corrected to contain the 4 information required by this Section and delivered to the secretary of state within 5 thirty days after the effective date of notice, it is deemed to be timely filed. 6 * * * SPEAKER OF THE HOUSE OF REPRESENTATIVES PRESIDENT OF THE SENATE GOVERNOR OF THE STATE OF LOUISIANA APPROVED: Page 2 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions.