Section 79-11-347 - Administrative dissolution by Secretary of State, grounds forThe Secretary of State may commence a proceeding under Section 79-11-349 to administratively dissolve a corporation if:
(a) The corporation does not pay within sixty (60) days after they are due any taxes or penalties imposed by Section 79-11-101 et seq. or other law;(b) The corporation does not deliver a requested status report to the Secretary of State within sixty (60) days after it is due;(c) The corporation is without a registered agent in this state for sixty (60) days or more;(d) The corporation does not notify the Secretary of State within one hundred twenty (120) days that its registered agent has been changed or that its registered agent has resigned;(e) The corporation's period of duration, if any, stated in its articles of incorporation expires;(f) The corporation fails to report within the time period specified in Section 79-11-405 the suspension or revocation of its tax-exempt status under Section 501(c)(3) of the Internal Revenue Code; or(g) An incorporator, director, officer or agent of the corporation signed a document he knew was false in any material respect with intent that the document be delivered to the Secretary of State for filing.Laws, 1987, ch. 485, § 124; Laws, 2011, ch. 440, § 15; Laws, 2012, ch. 382, § 63, eff. 1/1/2013.