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·Ch. 31E WEST VIRGINIA NONPROFIT CORPORATION ACT·Art. 13 DISSOLUTION

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.

Free access — add to your briefcase to read the full text and ask questions with AI

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.

West Virginia § 31E-13-1301 (Dissolution by incorporators or initial directors) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.