D.C. Code § 29-312.01: Dissolution by incorporators or initial directors.
Where this section sits in the code
- Title 29. Business Organizations. [Enacted title]
- Chapter 3. Business Corporations.
- Subchapter XII. Dissolution.
- 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