{"data":{"id":"us-nd/n.d.-cent.-code-10-19.1-106","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 10-19.1-106","heading":"Voluntary dissolution prior to the issuance of shares","body":"A corporation that has not issued shares may be dissolved by the incorporators or directors in the manner set forth in this section:\n1.A majority of the incorporators or directors shall sign articles of dissolution containing:\na.The name of the corporation;\nb.The date of incorporation;\nc.A statement that shares have not been issued;\nd.A statement that all consideration received from subscribers for shares to be issued, less expenses incurred in the organization of the corporation, has been returned to the subscribers; and\ne.A statement that no debts remain unpaid.\n2.The articles of dissolution must be filed with the secretary of state, with the fees provided for in section 10-19.1-147.\n3.When the articles of dissolution have been filed with the secretary of state, the corporation is dissolved.\n4.The secretary of state shall issue to the dissolved corporation or its legal representative a certificate of dissolution that contains:\na.The name of the corporation;\nb.The date the articles of dissolution were filed with the secretary of state; and\nc.A statement that the corporation is dissolved.","path":["Title 10 Corporations","Chapter 10-19.1 North Dakota Business Corporation Act"],"source_url":"https://ndlegis.gov/cencode/t10c19-1.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"372cefbbdf877485e8600bf00bc5b0ac03f57033f97674d7399d448b5587ca7d","source_id":"us-nd","stale":true,"prev":"us-nd/n.d.-cent.-code-10-19.1-105","next":"us-nd/n.d.-cent.-code-10-19.1-107"},"notice":"GroundRules: Original legal text. Not legal advice."}