(a) La existencia de la corporación cesará:
(1) En la fecha dispuesta en el certificado de incorporación cuando en éste se exprese el momento de su extinción;
(2) al ser absorbida por otra corporación por fusión o por su consolidación de acuerdo con las disposiciones de este capítulo; Disponiéndose, que una corporación especial propiedad de trabajadores solamente se podrá fusionar o consolidar con otras corporaciones que estén organizadas bajo las disposiciones de este capítulo al momento de efectuarse la fusión o consolidación, o de acuerdo con lo dispuesto bajo la sec. 3879 de este título;
(3) al disolverse la corporación de acuerdo a lo establecido en el Capítulo 229 de este subtítulo, y
(4) cuando la corporación no cumpla con las disposiciones de este subtítulo y el Secretario de Estado emita una determinación de disolver la corporación.
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