10-1431. Procedure for judicial dissolution or equitable relief
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 10-1430 is in the county where a corporation's known place of business is or was last located.
B. It is not necessary to make shareholders 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 of the powers and duties the court directs, take other action required to preserve the corporate assets wherever located and carry on the business of the corporation until a full hearing can be held.
Section: Previous 10-1405 10-1406 10-1407 10-1420 10-1421 10-1422 10-1430 10-1431 10-1432 10-1433 10-1434 10-1440 10-1501 10-1502 10-1503 NextLast modified: October 13, 2016