1. granted a new charter or renewed official authorization to operate
Usage: past tense and past participle of recharter

Examples

• The bank was rechartered after meeting all regulatory requirements.
• The university was rechartered by the state legislature in 1995.
• Several airlines were rechartered following the industry restructuring.
• The nonprofit organization was rechartered with expanded mission goals.
• The company rechartered its subsidiary in a different jurisdiction.
• The school district rechartered three of its charter schools this year.