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<section article="gca" article_name="Corporations and Associations" number="3-514" title_number="3" title_name="Corporations in General -- Extraordinary Actions" subtitle_number="5" subtitle_name="Extension, Forfeiture, and Revival of Charter">
  <level label="a">
    <text>Any person who transacts business in the name or for the account of a corporation knowing that its charter has been forfeited and has not been revived is guilty of a misdemeanor and on conviction is subject to a fine of not more than $500.</text>
  </level>
  <level label="b">
    <text>For the purpose of this section, unless there is clear evidence to the contrary, a person who was an officer or director of a corporation at the time its charter was forfeited is presumed to know of the forfeiture.</text>
  </level>
  <level label="c">
    <text>A prosecution for violation of the provisions of this section may not be instituted after the date articles of revival of the corporation are filed.</text>
  </level>
</section>
