§414D-248 Grounds for administrative dissolution.
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§414D-248 Grounds for administrative dissolution. The department director may commence a proceeding under section 414D-249 to administratively dissolve a corporation if the corporation fails to:
(1)Pay any fees prescribed by law;
(2)File its annual report for a period of two years;
(3)Appoint and maintain an agent for service of process as required; or
(4)File a statement of a change in the name or business address of the agent as required under chapter 425R. [L 2001, c 105, pt of §1; am L 2002, c 130, §60; am L 2003, c 124, §32; am L 2009, c 55, §22]