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Code · Missouri · Chapter 351

351.462. Dissolution by incorporators or initial directors.

129 words·~1 min read·/mo/chapter-351/351-462

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351.462. Dissolution by incorporators or initial directors. — A majority of the incorporators or initial directors of a corporation that has not issued shares or has not commenced business may dissolve the corporation by delivering to the secretary of state for filing articles of dissolution that set forth:
(1)The name of the corporation;
(2)The date of its incorporation;
(3)Either that none of the corporation's shares have been issued, or that the corporation has not commenced business;
(4)That no debt of the corporation remains unpaid;
(5)That the net assets of the corporation remaining after winding up have been distributed to the shareholders, if shares were issued; and
(6)That a majority of the incorporators or initial directors authorized the dissolution.
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(L. 1990 H.B. 1432)
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