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Current as of January 02, 2024 | Updated by Findlaw Staff
The secretary of state may commence a proceeding under § 43-38-1004 to dissolve administratively the cooperative if:
(1) The cooperative does not deliver its properly completed annual report to the secretary of state within two (2) months after it is due;
(2) The cooperative is without a registered agent or registered office in this state for two (2) months or more;
(3) The name of a cooperative contained in a document filed pursuant to this chapter fails to comply with § 43-38-105;
(4) The cooperative does not notify the secretary of state within two (2) months that its registered agent or registered office has been changed, that its registered agent has resigned, or that its registered office has been discontinued;
(5) The cooperative delivers to the secretary of state's office a check, bank draft, money order or other such instrument for payment of any fee and it is dishonored upon presentation for payment;
(6) The cooperative files a document with the secretary of state in which an organizer, director, officer, member, agent, or representative of the cooperative signed the document knowing that the document contained materially false information; or
(7) The cooperative is owned or controlled by a foreign government or foreign nongovernment person determined to be a foreign adversary by the United States secretary of commerce and specified in 15 CFR 791.4(a) or a successor regulation, except for entities involved in transactions approved by the committee on foreign investment in the United States.
Cite this article: FindLaw.com - Tennessee Code Title 43. Agriculture and Horticulture § 43-38-1003 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-43-agriculture-and-horticulture/tn-code-sect-43-38-1003/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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