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Section 33 14 101 Dissolution by Incorporators Justia Law  Form

Section 33 14 101 Dissolution by Incorporators Justia Law Form

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young sub topic a dissolution number one a corporation formed or organized under the provisions of the corporation code may be dissolved voluntarily or involuntarily involuntarily the initiative comes from the corporation itself for certain violations number two voluntary dissolution letter a voluntary dissolution where no creditors are affected no creditors are affected the dissolution will be affected by majority vote of the board majority vote of the board and by resolution adapted by affirmative vote of the majority of the ocs or majority of the members at the meeting called for the purpose so young voting requirement majority of the board and majority of ocs or members majority majority a verified request for the solution so much for filing and request for the solution shall be filed with the sec within 15 days from receipt of the verified request for the solution the sec shall approve the request and issue the certificate of dissolution the dissolution shall take effect only upon

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