§ 31 §1591 — Grounds for administrative dissolution of limited liability company

Notwithstanding Title 4, chapter 5 and Title 5, chapter 375, the Secretary of State may commence a proceeding under section 1592 to administratively dissolve a limited liability company if:
1.
Nonpayment of fees or penalties.
The limited liability company does not pay when due any fees or penalties imposed by this chapter or other law;
2.
Failure to file annual report.
The limited liability company does not deliver its annual report to the Secretary of State as required by section 1665;
3.
Failure to pay late filing penalty.
The limited liability company does not pay the annual report late filing penalty as required by section 1667;
4.
Failure to maintain registered agent.
The limited liability company is without a registered agent in this State as required by section 1661 and Title 5, section 105, subsection 1;
5.
Failure to notify of change of registered agent or address.
The limited liability company does not notify the Secretary of State that its registered agent has changed as required by Title 5, section 108, subsection 1 or the address of its registered agent has been changed as required by Title 5, section 109 or 110 or that its registered agent has resigned as required by Title 5, section 111; or
6.
Filing of false information.
A member, manager or agent of the limited liability company signed a document with the knowledge that the document was false in a material respect and with the intent that the document be delivered to the office of the Secretary of State for filing.

Legislative History

PL 2009, c. 629, Pt. A, §2 (NEW). PL 2009, c. 629, Pt. A, §3 (AFF). PL 2011, c. 113, Pt. A, §11 (AMD).