Iowa Code § 490.1420: Grounds for administrative dissolution.

The secretary of state may commence a proceeding under section 490.1421 to dissolve a corporation administratively, if any of the following apply:

1. The corporation does not pay within sixty days after they are due any fees, taxes, interest, or penalties imposed by this chapter or other laws of this state.

2. The corporation does not deliver its biennial report required by section 490.1621 to the secretary of state within sixty days after it is due.

3. The corporation is without a registered agent or registered office in this state for sixty days or more.

4. The secretary of state has not been notified within sixty days that the corporation’s registered agent or registered office has been changed, that its registered agent has resigned, or that its registered office has been discontinued.

5. The corporation’s period of duration stated in its articles of incorporation expires.