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 Mayor for filing articles of dissolution that set forth:
(1) The name of the corporation;
(2) The date of its incorporation;
(3)(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.
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)
Structure District of Columbia Code
Title 29 - Business Organizations. [Enacted title]
Chapter 3 - Business Corporations
Part A - Voluntary Dissolution
§ 29–312.01. Dissolution by incorporators or initial directors
§ 29–312.02. Dissolution by board of directors and shareholders
§ 29–312.03. Articles of dissolution
§ 29–312.04. Revocation of dissolution
§ 29–312.05. Effect of dissolution
§ 29–312.06. Known claims against dissolved corporation
§ 29–312.07. Other claims against dissolved corporation