§ 17-16-1401 — Dissolution by incorporators or initial directors

(a) 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 state for filing articles of dissolution that set
forth:
(i) The name of the corporation;
(ii) The date of its incorporation;
(iii) Either:
(A) That none of the corporation's shares has
been issued; or
(B) That the corporation has not commenced
business.
(iv) That no debt of the corporation remains unpaid;
(v) That the net assets of the corporation remaining
after winding up have been distributed to the shareholders, if
shares were issued; and
(vi) That a majority of the incorporators or initial
directors authorized the dissolution.