2009 Iowa Code
Title 12 - Business Entities
Subtitle 2 - Business and Professional Corporations and Companies
CHAPTER 490 - BUSINESS CORPORATIONS
490.1420 - GROUNDS FOR ADMINISTRATIVE DISSOLUTION.

        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
         Referred to in § 490.1421

Disclaimer: These codes may not be the most recent version. Iowa may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.