47-24-13.1. Administrative dissolution.
123 words·~1 min read·
/sd/title-47/chapter-47-24/47-24-13-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The secretary of state may commence a proceeding under § 47-24-13.2 to administratively dissolve a corporation if:
(1)The corporation does not pay within sixty days after they are due any fees or penalties imposed by chapters 47-22 to 47-28 , inclusive, or other law;
(2)The corporation does not deliver its annual report to the secretary of state within sixty days after it is due;
(3)The corporation is without a registered agent in this state for sixty days or more;
(4)The corporation does not notify the secretary of state within sixty days that its registered agent has been changed or that its registered agent has resigned; or
(5)The corporation's period of duration stated in its articles of incorporation expires.