N.C. Gen. Stat. § 55A-14-20
Grounds for administrative dissolution
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
The Secretary of State may commence a proceeding under G.S. 55A-14-21 to dissolve administratively a corporation if:
The Secretary of State may commence a proceeding under G.S. 55A-14-21 to dissolve administratively a corporation if:
(1) The corporation does not pay within 60 days after they are due any penalties, fees, or other payments due under this Chapter;
(1) The corporation does not pay within 60 days after they are due any penalties, fees, or other payments due under this Chapter;
(2) Repealed by Session Laws 1995, c. 539, s. 24, effective July 29, 1995.
(2) Repealed by Session Laws 1995, c. 539, s. 24, effective July 29, 1995.
(3) The corporation is without a registered agent or registered office in this State for 60 days or more;
(3) The corporation is without a registered agent or registered office in this State for 60 days or more;
(4) The 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;
(4) The 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;
(5) The corporation's period of duration stated in its articles of incorporation expires;
(5) The corporation’s period of duration stated in its articles of incorporation expires;
(6) The 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; or
(6) The 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; or
(7) The corporation does not designate the address of its principal office with the Secretary of State or does not notify the Secretary of State within 60 days that the principal office has changed.
(7) The corporation does not designate the address of its principal office with the Secretary of State or does not notify the Secretary of State within 60 days that the principal office has changed.
History
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.