79-11-361 - Decree of judicial dissolution. - Mississippi Statutes

§ 79-11-361. Decree of judicial dissolution.
 

(1)  If after the hearing the court determines that one or more grounds for judicial dissolution described in Section 79-11-355 exist, it may enter a decree dissolving the corporation and specifying the effective date of the dissolution, and the clerk of the court shall deliver a certified copy of the decree to the Secretary of State, who shall file it. 

(2)  After entering the decree of dissolution, the court shall direct the winding up and liquidation of the corporation's affairs in accordance with Section 79-11-341 and the notification of its claimants in accordance with Sections 79-11-343 and 79-11-345. 
 

Sources: Laws,  1987, ch. 485, § 131, eff from and after January 1, 1988.