10-11431. Procedure for judicial dissolution
A. Venue for a proceeding by the attorney general to dissolve a corporation or for a proceeding brought by any other party named in section 10-11430 is in the county where a corporation's known place of business is or was last located.
B. It is not necessary to make directors or members parties to a proceeding to dissolve a corporation unless relief is sought against them personally.
C. A court in a proceeding brought to dissolve a corporation may issue injunctions, appoint a receiver with all powers and duties the court directs, take other action required to preserve the corporate assets wherever located and carry on the activities of the corporation until a full hearing can be held.
Section: Previous 10-11405 10-11406 10-11407 10-11420 10-11421 10-11422 10-11430 10-11431 10-11432 10-11433 10-11440 10-11501 10-11502 10-11503 10-11504 NextLast modified: October 13, 2016