{"data":{"id":"us-nc/n.c.-gen.-stat.-55-14-20","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 55-14-20","heading":"Grounds for administrative dissolution.","body":"The Secretary of State may commence a proceeding under G.S. 55-14-21 to dissolve administratively a corporation if:\n(1)\tThe corporation does not pay within 60 days after they are due any penalties, fees, or other payments due under this Chapter;\n(2)\tThe corporation is delinquent in delivering its annual report;\n(3)\tThe corporation is without a registered agent or registered office in this State for 60 days or more;\n(4)\tThe corporation does not notify the Secretary of State within 60 days that its registered agent or registered office has been changed, that its registered agent has resigned, or that its registered office has been discontinued;\n(5)\tThe corporation's period of duration stated in its articles of incorporation expires; or\n(6)\tThe corporation knowingly fails or refuses to answer truthfully and fully within the time prescribed in this Chapter interrogatories propounded by the Secretary of State in accordance with the provisions of this Chapter. (1989, c. 265, s. 1; 1993, c. 552, s. 15; 1997-475, s. 6.4.)","path":["Chapter 55. North Carolina Business Corporation Act.","Article 14. Dissolution.","Part 2. Administrative Dissolution."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_55/GS_55-14-20.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:05:57Z","sha256":"0016eb731a33e51e1dbfa34922d0eb3364f25333ad264e4f78141590217d2445","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-55-14-10-through-55-14-19","next":"us-nc/n.c.-gen.-stat.-55-14-21"},"notice":"GroundRules: Original legal text. Not legal advice."}