47-34A-809. Grounds for administrative dissolution.
59 words·~1 min read·
/sd/title-47/chapter-47-34/47-34a-809A 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 to dissolve a limited liability company administratively if the company does not:
(1)Pay any fees, taxes, or penalties imposed by this chapter or other law within sixty days after they are due; or
(2)Deliver its annual report to the secretary of state within sixty days after it is due.