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The Florida Senate

2005 Florida Statutes

SECTION 1401
Dissolution by incorporators or directors.
Section 607.1401, Florida Statutes 2005

607.1401  Dissolution by incorporators or directors.--A majority of the incorporators or directors of a corporation that has not issued shares or has not commenced business may dissolve the corporation by delivering to the Department of State for filing articles of dissolution that set forth:

(1)  The name of the corporation;

(2)  The date of filing of its articles of incorporation;

(3)  Either:

(a)  That none of the corporation's shares have been issued, or

(b)  That the corporation has not commenced business;

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

(5)  That the net assets of the corporation remaining after winding up have been distributed to the shareholders, if shares were issued; and

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

History.--s. 121, ch. 89-154.