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The Florida Senate

2006 Florida Statutes

Grounds for administrative dissolution.
Section 607.1420, Florida Statutes 2006

607.1420  Grounds for administrative dissolution.--

(1)  The Department of State may commence a proceeding under s. 607.1421 to administratively dissolve a corporation if:

(a)  The corporation has failed to file its annual report or pay the annual report filing fee within the time required by this act;

(b)  The corporation is without a registered agent or registered office in this state for 30 days or more;

(c)  The corporation does not notify the Department of State within 30 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;

(d)  The corporation has failed to answer truthfully and fully, within the time prescribed by this act, interrogatories propounded by the Department of State; or

(e)  The corporation's period of duration stated in its articles of incorporation has expired.

(2)  The foregoing enumeration in subsection (1) of grounds for administrative dissolution shall not exclude actions or special proceedings by the Department of Legal Affairs or any state officials for the annulment or dissolution of a corporation for other causes as provided in any other statute of this state.

History.--s. 127, ch. 89-154; s. 156, ch. 90-179.