Effective 28 Aug 1990
351.865. Extraordinary relief — dissolution. — 1. The court may dissolve the corporation if it finds:
(1) There are one or more grounds for judicial dissolution under section 351.494; or
(2) All other relief ordered by the court under section 351.855 or 351.860 has failed to resolve the matters in dispute.
2. In determining whether to dissolve the corporation, the court shall consider among other relevant evidence the financial condition of the corporation but may not refuse to dissolve solely because the corporation has accumulated earnings or current operating profits.
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(L. 1990 H.B. 1432)
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