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Section 79-11-347 - Administrative dissolution by Secretary of State, grounds for — Mississippi Law | CourtGPT
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  7. Section 79-11-347 - Administrative dissolution by Secretary of State, grounds for
Mississippi Legal Code

Section 79-11-347 - Administrative dissolution by Secretary of State, grounds for

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The Secretary of State may commence a proceeding under Section 79-11-349 to administratively dissolve a corporation if:(a) The corporation does not pay within sixty (60) days after they are due any taxes or penalties imposed by Section 79-11-101 et seq. or other law;(b) The corporation does not deliver the required annual report to the Secretary of State within sixty (60) days after it is due;(c) The corporation is without a registered agent in this state for sixty (60) days or more;(d) The corporation does not notify the Secretary of State within one hundred twenty (120) days that its registered agent has been changed or that its registered agent has resigned;(e) The corporation's period of duration, if any, stated in its articles of incorporation expires;(f) The corporation fails to report within the time period specified in Section 79-11-405 the suspension or revocation of its tax-exempt status under Section 501(c)(3) of the Internal Revenue Code; or(g) An incorporator, director, officer or agent of the corporation signed a document he knew was false in any material respect with intent that the document be delivered to the Secretary of State for filing.Laws, 1987, ch.

rector, officer or agent of the corporation signed a document he knew was false in any material respect with intent that the document be delivered to the Secretary of State for filing.Laws, 1987, ch. 485, § 124; Laws, 2011, ch. 440, § 15; Laws, 2012, ch. 382, § 63, eff. 1/1/2013.Amended by Laws, 2024, ch. 449, HB 1344,§ 7, eff. 7/1/2024.