Miss. Code Ann. § 79-11-347: Administrative dissolution by Secretary of State, grounds for.
Where this section sits in the code
- Title 79. Corporations, Associations, and Partnerships
- Chapter 11. Nonprofit, Nonshare Corporations and Religious Societies
- Mississippi Nonprofit Corporation Act
The Secretary of State may commence a proceeding under Section 79-11-349 to administratively dissolve a corporation if:
(a) The corporation does not pay within sixty (60) days after they are due any taxes or penalties imposed by Section 79-11-101 et seq. or other law;
(b) The corporation does not deliver a requested status report to the Secretary of State within sixty (60) days after it is due;
(c) The corporation is without a registered agent in this state for sixty (60) days or more;
(d) The corporation does not notify the Secretary of State within one hundred twenty (120) days that its registered agent has been changed or that its registered agent has resigned;
(e) The corporation’s period of duration, if any, stated in its articles of incorporation expires;
(f) The corporation fails to report within the time period specified in Section 79-11-405 the suspension or revocation of its tax-exempt status under Section 501(c)(3) of the Internal Revenue Code; or
(g) An incorporator, director, officer or agent of the corporation signed a document he knew was false in any material respect with intent that the document be delivered to the Secretary of State for filing.
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