West Virginia § 31B-8-809 Grounds for administrative dissolution

West Virginia Statutes

§ 31B-8-809 — Grounds for administrative dissolution

West Virginia·Ch. 31B UNIFORM LIMITED LIABILITY COMPANY ACT·Art. 8 WINDING UP COMPANY'S BUSINESS

(a)The Secretary of State may commence a proceeding to administratively dissolve a limited liability company if:

(1)The company fails to pay any fees, taxes, or penalties imposed by this chapter or other law within 60 days after they are due;

(2)The company fails to deliver its annual report to the Secretary of State within 60 days after it is due;

(3)The professional license of one or more of the license holders is revoked by a professional licensing board and the license is, or all the licenses are, required for the continued operation of the company;

(4)The company is in default with the Bureau of Employment Programs as provided in §21A-2-6 of this code; or

(5)A misrepresentation has been made of any material matter in any application, report, affidavit, or other record submi

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(a) The Secretary of State may commence a proceeding to administratively dissolve a limited liability company if:

(1) The company fails to pay any fees, taxes, or penalties imposed by this chapter or other law within 60 days after they are due;

(2) The company fails to deliver its annual report to the Secretary of State within 60 days after it is due;

(3) The professional license of one or more of the license holders is revoked by a professional licensing board and the license is, or all the licenses are, required for the continued operation of the company;

(4) The company is in default with the Bureau of Employment Programs as provided in §21A-2-6 of this code; or

(5) A misrepresentation has been made of any material matter in any application, report, affidavit, or other record submitted by the company pursuant to this chapter.

(b) A limited liability company administratively dissolved may apply to the Secretary of State for reinstatement within two years after the effective date of dissolution pursuant to the procedure in §31B-8-811 of this code or appeal the Secretary of State’s denial of reinstatement pursuant to the procedure in §31B-8-812 of this code.

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