Section 17-16-1401 - Dissolution by incorporators or initial directors(a) A majority of the incorporators or initial directors of a corporation that has not issued shares or has not commenced business may dissolve the corporation by delivering to the secretary of state for filing articles of dissolution that set forth: (i) The name of the corporation;(ii) The date of its incorporation;(iii) Either: (A) That none of the corporation's shares has been issued; or(B) That the corporation has not commenced business.(iv) That no debt of the corporation remains unpaid;(v) That the net assets of the corporation remaining after winding up have been distributed to the shareholders, if shares were issued; and(vi) That a majority of the incorporators or initial directors authorized the dissolution.