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§ 29–312.01. Dissolution by incorporators or initial directors.

DC Code § 29–312.01 (2019) (N/A)
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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:

(1) The name of the corporation;

(2) The date of its incorporation;

(3)(A) That none of the corporation’s shares has been issued; or

(B) That the corporation has not commenced business;

(4) That no debt of the corporation remains unpaid;

(5) That the net assets of the corporation remaining after winding up have been distributed to the shareholders, if shares were issued; and

(6) That a majority of the incorporators or initial directors authorized the dissolution.

(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)

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§ 29–312.02. Dissolution by board of directors and shareholders.