§ 55-14-01. Dissolution by incorporators or directors. - North Carolina Statutes

Article14.

Dissolution.

Part 1.  Voluntary Dissolution.

§ 55‑14‑01. Dissolution by incorporators or directors.

(a)        The board ofdirectors or, if the corporation has no directors, a majority of theincorporators of a corporation that has not issued shares may dissolve thecorporation by delivering to the Secretary of State for filing articles ofdissolution that set forth:

(1)        The name of thecorporation;

(1a)      The names andaddresses of its officers, if any;

(1b)      The names andaddresses of its directors, if any, or if none, the names and addresses of itsincorporators;

(2)        The date of itsincorporation;

(3)        That none of thecorporation's shares has been issued;

(4)        That no debt of thecorporation remains unpaid;

(5)        Reserved for futurecodification purposes; and

(6)        That a majority ofthe incorporators or the board of directors authorized the dissolution.

(b)        A corporation isdissolved upon the effective date of its articles of dissolution. (1955,c. 1371, s. 1; 1959, c. 1316, s. 261/2; 1989, c. 265, s. 1; 1989 (Reg. Sess.,1990), c. 1024, s. 12.19.)