PART XV. 
DISSOLUTION



 



A.  Voluntary
Dissolution



 



[§414-381]  Dissolution by incorporators or
initial directors.  A majority of the incorporators or initial directors of
a corporation that has not issued shares or has not commenced business may
dissolve the corporation by delivering to the department director for filing
articles of dissolution that set forth:



(1)  The name of the corporation;



(2)  The date of its incorporation;



(3)  Either:



(A)  That none of the corporation's shares has
been issued; or



(B)  That the corporation has not commenced
business;



(4)  That no debt of the corporation remains unpaid;



(5)  That the net assets of the corporation remaining
after winding up have been distributed to the shareholders, if shares were
issued; and



(6)  That a majority of the incorporators or initial
directors authorized the dissolution. [L 2000, c 244, pt of §1]