GroundRules
53-16-13: Involuntary dissolution.
Where this section sits in the code
- Chapter 53 - Corporations
- ARTICLE 16 Business Corporations; Dissolution of Corporations
A corporation may be dissolved involuntarily by a decree of the district court of Santa Fe county in an action filed by the attorney general when it is established that the corporation:
A. procured its articles of incorporation through fraud; or
B. has continued to exceed or abuse the authority conferred upon it by law.
Collected 2026-09-03T15:02:20Z. Source file · JSON