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Georgia State Code
Title      14
Chapter       3  
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Section<<< 1201 1202 1301 1302 1401 1402 1403 1404 1404.1 1405 >>>  
Title 14, Chapter 3, Section 1401 (14-3-1401)

A majority of the incorporators or initial directors of a corporation that has not admitted members entitled to vote on dissolution, has not commenced activities, and has no net assets may dissolve the corporation by delivering to the Secretary of State for filing articles of dissolution that set forth:

(1) The name of the corporation;

(2) The date of its incorporation;

(3) That:

(A) The corporation has not admitted members entitled to vote on dissolution;

(B) The corporation has not commenced activities; or

(C) The corporation has no net assets.

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

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

Defined terms referenced in this section:
Monday October 13 10:10 CDT


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