490.1420  Grounds for administrative dissolution.

The secretary of state may commence a proceeding under section 490.1421 to administratively dissolve a corporation if any of the following apply:

1.  The corporation has not delivered a biennial report to the secretary of state in a form that meets the requirements of section 490.1622, within sixty days after it is due, or has not paid the filing fee as determined by the secretary of state, within sixty days after it is due.

2.  The corporation is without a registered agent or registered office in this state for sixty days or more.

3.  The corporation does not notify the secretary of state within sixty days that its registered agent or registered office has been changed, that its registered agent has resigned, or that its registered office has been discontinued.

4.  The corporation's period of duration stated in its articles of incorporation expires.

Section History: Recent form

  89 Acts, ch 288, §152; 96 Acts, ch 1170, § 9, 10; 97 Acts, ch 171, § 14

Internal References

  Referred to in § 490.1421


Previous Section 490.1408

Next Section 490.1421


Return To Home index


© 2001 Cornell College and League of Women Voters of Iowa


Comments about this site or page? webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.

Last update: Mon Jan 22 17:13:42 CST 2001
URL: /DOCS/IACODE/2001/490/1420.html
jhf