(1) The Secretary of State may commence a proceeding under § 4-33-1421 to administratively dissolve a corporation if:(1) the corporation does not pay within sixty (60) days after they are due any taxes or penalties imposed by this chapter;(2) the corporation is without a registered agent in this state for one hundred twenty (120) days or more;(3) the corporation does not notify the Secretary of State within one hundred twenty (120) days that its registered agent has been changed or has resigned;(4) the corporation's period of duration, if any, stated in its articles of incorporation expires; or(5) the corporation does not file the annual disclosure statement required under § 4-33-131 within sixty (60) days after it is due.
(1) the corporation does not pay within sixty (60) days after they are due any taxes or penalties imposed by this chapter;
(2) the corporation is without a registered agent in this state for one hundred twenty (120) days or more;
(3) the corporation does not notify the Secretary of State within one hundred twenty (120) days that its registered agent has been changed or has resigned;
(4) the corporation's period of duration, if any, stated in its articles of incorporation expires; or
(5) the corporation does not file the annual disclosure statement required under § 4-33-131 within sixty (60) days after it is due.