KRS 14A.7-020: Procedure for and effect of administrative dissolution.

(1) If the Secretary of State determines that one (1) or more grounds exist for the

administrative dissolution of an entity, the Secretary of State shall advise the entity

of that determination.

(2) If the entity does not within sixty (60) days from the date o n which the notice was

mailed, correct each ground for dissolution or demonstrate to the reasonable

satisfaction of the Secretary of State that each ground determined by the Secretary

of State does not exist, the Secretary of State shall administratively d issolve the

entity by signing a certificate of dissolution that recites the ground or grounds for

dissolution and its effective date. The Secretary of State shall file the original of the

certificate and advise the entity of that determination.

(3) An entity administratively dissolved continues its existence but shall not carry on

any business except that necessary to wind up and liquidate its business and affairs.

(4) The administrative dissolution of an entity shall not terminate the authority of its

registered agent.