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North Dakota Century Code Title 10. Corporations § 10-33-97. Voluntary dissolution by incorporators

Current as of January 01, 2024 | Updated by FindLaw Staff

1. If the first board has not been named in the articles, designated or appointed pursuant to the articles, or elected under section 10-33-25, a corporation may be dissolved by the incorporators as provided in this section.

2. A majority of the incorporators shall sign articles of dissolution containing:

a. The name of the corporation;

b. The date of incorporation;

c. A statement that the first board has not been:

(1) Named in the articles;

(2) Designated or appointed pursuant to the articles; or

(3) Elected at an organizational meeting;

d. A statement that no debts remain unpaid; and

e. A statement:

(1) That notice to the attorney general required by section 10-33-122 has been given and the waiting period:

(a) Has expired; or

(b) Has been waived by the attorney general; or

(2) That section 10-33-122 is not applicable.

3. The articles of dissolution must be filed with the secretary of state together with the fees provided in section 10-33-140.

4. When the articles of dissolution have been filed with the secretary of state, the corporation is dissolved.

5. The secretary of state shall issue to the dissolved corporation a certificate of dissolution that contains:

a. The name of the corporation;

b. The date the articles of dissolution were filed with the secretary of state; and

c. A statement that the corporation is dissolved.

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Cite this article: FindLaw.com - North Dakota Century Code Title 10. Corporations § 10-33-97. Voluntary dissolution by incorporators - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-10-corporations/nd-cent-code-sect-10-33-97/

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