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District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 29-312.01: Dissolution by incorporators or initial directors.

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Where this section sits in the code
  1. Title 29. Business Organizations. [Enacted title]
  2. Chapter 3. Business Corporations.
  3. Subchapter XII. Dissolution.
  4. Part A. Voluntary Dissolution.

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 Mayor for filing articles of dissolution that set forth:

(1)

The name of the corporation;

(2)

The date of its incorporation;

(3)

(A)

That none of the corporation’s shares has been issued; or

(B)

That the corporation has not commenced business;

(4)

That no debt of the corporation remains unpaid;

(5)

That the net assets of the corporation remaining after winding up have been distributed to the shareholders, if shares were issued; and

(6)

That a majority of the incorporators or initial directors authorized the dissolution.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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