{"data":{"id":"us-dc/d.c.-code-29-312.01","jurisdiction":"us-dc","citation":"D.C. Code § 29-312.01","heading":"Dissolution by incorporators or initial directors.","body":"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 Mayor for filing articles of dissolution that set forth:\n\n(1)\nThe name of the corporation;\n\n(2)\nThe date of its incorporation;\n\n(3)\n(A)\nThat none of the corporation’s shares has been issued; or\n(B)\nThat the corporation has not commenced business;\n\n(4)\nThat no debt of the corporation remains unpaid;\n\n(5)\nThat the net assets of the corporation remaining after winding up have been distributed to the shareholders, if shares were issued; and\n\n(6)\nThat a majority of the incorporators or initial directors authorized the dissolution.","path":["Title 29. Business Organizations. [Enacted title]","Chapter 3. Business Corporations.","Subchapter XII. Dissolution.","Part A. Voluntary Dissolution."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/29-312.01","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"f498a44018717627a4be01e1bd75ad371f4375fd4b03393737f9e7827aae983f","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-29-311.50","next":"us-dc/d.c.-code-29-312.02"},"notice":"GroundRules: Original legal text. Not legal advice."}