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§ 31d-14-1401 — West Virginia Law | CourtGPT
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  6. § 31d-14-1401
West Virginia Legal Code

§ 31d-14-1401

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§31D-14-1401. Dissolution by incorporators or initial directors.A majority of the incorporators, or initial directors of a corporation, that has not issued shares or has not commenced business may dissolve the corporation by delivering to the Secretary of State for filing articles of dissolution that set forth:(1) The name of the corporation;(2) The date of its incorporation;(3) Either: (A) That none of the corporation's shares has 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 initial directors authorized the dissolution.