§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.
Structure West Virginia Code
Chapter 31D. West Virginia Business Corporation Act
§31D-14-1401. Dissolution by Incorporators or Initial Directors
§31D-14-1402. Dissolution by Board of Directors and Shareholders
§31D-14-1403. Articles of Dissolution
§31D-14-1404. Revocation of Dissolution
§31D-14-1405. Effect of Dissolution
§31D-14-1406. Known Claims Against Dissolved Corporation
§31D-14-1407. Unknown Claims Against Dissolved Corporation
§31D-14-1420. Grounds for Administrative Dissolution
§31D-14-1421. Procedure for and Effect of Administrative Dissolution
§31D-14-1422. Reinstatement Following Administrative Dissolution
§31D-14-1423. Appeal From Denial of Reinstatement
§31D-14-1430. Grounds for Judicial Dissolution
§31D-14-1431. Procedure for Judicial Dissolution
§31D-14-1432. Receivership or Custodianship
§31D-14-1433. Decree of Dissolution