Current through the 2024 Legislative Session
Section 414-383 - Articles of dissolution(a) At any time after dissolution is authorized, the corporation may dissolve by delivering to the department director for filing articles of dissolution setting forth: (1) The name of the corporation;(2) The date dissolution was authorized;(3) If dissolution was approved by the shareholders; (A) The number of votes entitled to be cast on the proposal to dissolve; and(B) Either the total number of votes cast for and against dissolution or the total number of undisputed votes cast for dissolution and a statement that the number cast for dissolution was sufficient for approval; and(4) If voting by voting groups was required, the information required by paragraph (3) must be separately provided for each voting group entitled to vote separately on the plan to dissolve.(b) A corporation is dissolved upon the effective date of its articles of dissolution. The articles of dissolution may specify a delayed effective time and date, and if it does so the document becomes effective at the time and date specified. If a delayed effective date but no time is specified, the document shall be effective at the close of business on that date. A delayed effective date for a document may not be later than the thirtieth day after the date it is filed. L 2000, c 244 , pt of §1; am L 2001, c 129, §39 .