KRS 271B.14-010: Dissolution by incorporators or initial directors.

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:

(1) The name of the corporation;

(2) The date of its incorporation;

(3) Either:

(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 a ssets 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.