A corporation may be dissolved involuntarily by the commissioner when it is established that
(1) the corporation has failed to file its biennial report within the time required by this chapter;
(2) the corporation procured its articles of incorporation through fraud;
(3) the corporation has continued to exceed or abuse the authority conferred upon it by law;
(4) the corporation has failed for 30 days to appoint and maintain a registered agent in the state;
(5) the corporation has failed for 30 days after change of its registered office or registered agent to file in the office of the commissioner a statement of the change;
(6) the corporation has failed, within the time required by this chapter, to revoke or complete a plan of voluntary dissolution; or
(7) the corporation is 90 days delinquent in filing a notice of change of an officer or director as required by this chapter.
Section: Previous 10.20.290 10.20.295 10.20.300 10.20.305 10.20.310 10.20.315 10.20.320 10.20.325 10.20.330 10.20.335 10.20.340 10.20.345 10.20.350 10.20.355 10.20.360 NextLast modified: November 15, 2016