Section 17-737. BUSINESS CORPORATIONS: DISSOLUTION BY INCORPORATORS OR INITIAL DIRECTORS

Latest version.

737.1In addition to the requirements of Chapter 3 (Business Corporations) of the Act (D.C. Official Code § 29-301.01 et seq. (2011 Repl.)), a majority of the incorporators or initial directors of a corporation may dissolve the corporation if:
(a) The incorporators or initial directors have not filed a biennial report by the deadline; and

(b) The corporation is in good standing in the District before filing its articles of dissolution with the Superintendent.

authority

Section 2 of the District of Columbia Official Code Title 29 (Business Organizations) Enactment Act of 2009, effective July 2, 2011 (D.C. Law 18-378; D.C. Official Code § 29-101.05 (2011 Repl.)) and Mayor’s Order 2011-178, dated October 25, 2011.

source

Final Rulemaking published at 60 DCR 13139 (September 20, 2013).

                    
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