2005 Rhode Island Code - § 7-16-41 — Revocation of certificate of organization.

    (a) The certificate of organization of a limited liability company may be revoked by the secretary of state on the conditions prescribed in this section when it is established that:

   (1) The limited liability company procured its articles of organization through fraud;

   (2) The limited liability company has continued to exceed or abuse the authority conferred upon it by law;

   (3) The limited liability company has failed to file its annual report within the time required by this chapter, or has failed to pay any fees or taxes due this state, when they have become due and payable;

   (4) The limited liability company has failed for thirty (30) days to appoint and maintain a resident agent in this state as required by this chapter;

   (5) The limited liability company has failed, after change of its resident agent, to file in the office of the secretary of state a statement of the change as required by this chapter;

   (6) The limited liability company has failed to file in the office of the secretary of state any amendment to its articles of organization or any articles of dissolution, merger or consolidation as prescribed by this chapter; or

   (7) A misrepresentation has been made of any material matter in any application, report, affidavit, or other document submitted by the limited liability company pursuant to this chapter.

   (b) No certificate of organization of a limited liability company shall be revoked by the secretary of state unless:

   (1) The secretary of state shall have given the limited liability company not less than sixty (60) days notice thereof by regular mail addressed to the resident agent in this state on file with the secretary of state's office; provided, however, that if a prior mailing addressed to the address of the resident agent of the limited liability company in this state currently on file with the secretary of state's office has been returned to the secretary of state as undeliverable by the United States Postal Service for any reason, or if the revocation notice is returned as undeliverable to the secretary of state's office by the United States Postal Service for any reason, the secretary of state shall give notice as follows:

   (i) To the limited liability company, domestic or foreign, at its principal office of record as shown in its most recent annual report, and no further notice shall be required; or

   (ii) In the case of a limited liability company which has not yet filed an annual report, then to the domestic limited liability company at the principal office in the articles of organization or to the foreign limited liability company at the office required to be maintained by the limited liability company in its state of organization, and no further notice shall be required; and

   (2) The limited liability company fails prior to revocation to file the annual report, pay the fees or taxes, file the required statement of change of resident agent, file the articles of amendment or articles of dissolution, merger or consolidation, or correct the misrepresentation.