Connecticut § 33-880 Dissolution by incorporators or initial directors.

Connecticut Statutes

§ 33-880 — Dissolution by incorporators or initial directors.

Connecticut·Title 33 Corporations·Ch. 601 Business Corporations

A majority of the incorporators or initial directors of a corporation that has not issued shares or has not commenced business may dissolve the corporation by delivering to the Secretary of the State for filing a certificate of dissolution that sets forth:

(1)The name of the corporation;

(2)either (A) that none of the corporation's shares have been issued or (B) that the corporation has not commenced business;

(3)that no debt of the corporation remains unpaid;

(4)that the net assets of the corporation remaining after winding up have been distributed to the shareholders, if shares were issued; and (5) that a majority of the incorporators or initial directors authorize the dissolution.

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A majority of the incorporators or initial directors of a corporation that has not issued shares or has not commenced business may dissolve the corporation by delivering to the Secretary of the State for filing a certificate of dissolution that sets forth: (1) The name of the corporation; (2) either (A) that none of the corporation's shares have been issued or (B) that the corporation has not commenced business; (3) that no debt of the corporation remains unpaid; (4) that the net assets of the corporation remaining after winding up have been distributed to the shareholders, if shares were issued; and (5) that a majority of the incorporators or initial directors authorize the dissolution.

Connecticut § 33-880 (Dissolution by incorporators or initial directors.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(P.A. 94-186, S. 161, 215; P.A. 96-271, S. 112, 254.) History: P.A. 94-186 effective January 1, 1997; P.A. 96-271 replaced “articles” of dissolution with “certificate” of dissolution, effective January 1, 1997.