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Current as of May 05, 2022 | Updated by FindLaw Staff
The division may commence a proceeding under Section 16-10a-1421 for administrative dissolution of a corporation if:
(1) the corporation does not pay when they are due any taxes, fees, or penalties imposed by this chapter or other applicable laws of this state;
(2) the corporation does not deliver a corporate or annual report to the division when it is due;
(3) the corporation is without a registered agent in this state for 30 days or more;
(4) the corporation does not give notice to the division within 30 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.
Cite this article: FindLaw.com - Utah Code Title 16. Corporations § 16-10a-1420. Grounds for administrative dissolution - last updated May 05, 2022 | https://codes.findlaw.com/ut/title-16-corporations/ut-code-sect-16-10a-1420/
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 or via Westlaw before relying on it for your legal needs.
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