Title 16 Chapter 10a Section 1420
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Corporations | |
Utah Revised Business Corporation Act | |
Section 1420 | Grounds for administrative dissolution. |
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16-10a-1420. Grounds for administrative dissolution.
The division may commence a proceeding under Section 16-10a-1421 for administrative dissolution of a corporation if: (1) the corporation does not pay when they are due any taxes, fees, or penalties imposed by this chapter or other applicable laws of this state; (2) the corporation does not deliver a corporate or annual report to the division when it is due; (3) the corporation is without a registered agent in this state for 30 days or more; (4) the corporation does not give notice to the division within 30 days that its registered agent has been changed or that its registered agent has resigned; or (5) the corporation's period of duration stated in its articles of incorporation expires. Amended by Chapter 364, 2008 General Session | |
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