24.06.285 - Involuntary dissolution. - Washington Statutes

Involuntary dissolution.

A corporation may be dissolved by decree of the superior court in an action filed on petition of the attorney general upon a showing that:

     (1) The corporation procured its articles of incorporation through fraud; or

     (2) The corporation has continued to exceed or abuse the authority conferred upon it by law.

[1982 c 35 § 140; 1969 ex.s. c 120 § 57.]

Notes: Intent -- Severability -- Effective dates -- Application -- 1982 c 35: See notes following RCW 43.07.160.