Effect of failure to file return within twelve months.

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Should no return as herein provided be made to the Secretary of State within twelve months from the granting of the incorporators' commission, all proceedings hereunder shall be void and the incorporators shall be deemed to have waived all rights acquired under their declaration and such commission.

HISTORY: 1962 Code Section 58-659; 1952 Code Section 58-659; 1942 Code Section 8183; 1932 Code Section 8183; Civ. C. '22 Section 4363; Civ. C. '12 Section 2877; Civ. C. '02 Section 1921; 1899 (23) 64.


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