West Virginia § 31E-13-1301 Dissolution by incorporators or initial directors

West Virginia Statutes

§ 31E-13-1301 — Dissolution by incorporators or initial directors

West Virginia § 31E-13-1301

Ch. 31EWEST VIRGINIA NONPROFIT CORPORATION ACT

Art. 13DISSOLUTION

This text of West Virginia § 31E-13-1301 (Dissolution by incorporators or initial directors) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

W. Va. Code § 31E-13-1301 (2026).

Text

A majority of the incorporators or initial directors of a corporation that has not commenced activities may dissolve the corporation by delivering to the Secretary of State for filing articles of dissolution that set forth:

(1)The name of the corporation;

(2)The date of its incorporation;

(3)That the corporation has no member entitled to vote;

(4)That the corporation has not commenced the activities for which it was incorporated;

(5)That no debt of the corporation remains unpaid;

(6)That the net assets of the corporation remaining after winding up have been distributed as required by this chapter; and

(7)That a majority of the incorporators or initial directors authorized the dissolution.

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A majority of the incorporators or initial directors of a corporation that has not commenced activities may dissolve the corporation by delivering to the Secretary of State for filing articles of dissolution that set forth:

(1) The name of the corporation;

(2) The date of its incorporation;

(3) That the corporation has no member entitled to vote;

(4) That the corporation has not commenced the activities for which it was incorporated;

(5) That no debt of the corporation remains unpaid;

(6) That the net assets of the corporation remaining after winding up have been distributed as required by this chapter; and

(7) That a majority of the incorporators or initial directors authorized the dissolution.