A majority of the incorporators or initial directors of a nonprofit corporation that has not commenced activity may dissolve the nonprofit corporation by delivering to the Secretary of State for filing a certificate of dissolution that sets forth: (1) the name of the nonprofit corporation; (2) the date of its incorporation; (3) that the nonprofit corporation has not commenced activity; (4) that no debt of the nonprofit corporation remains unpaid; (5) that the net assets of the nonprofit corporation remaining after winding up have been distributed; (6) that a majority of the incorporators or directors authorized the dissolution; and
(7) the unique identifying number or other designation as assigned by the Secretary of State.
History: (Act 2023-503, §1.)