(a) A corporation may be dissolved at any time by the Superior Court upon the voluntary application of a majority of the members or of the stockholders holding at least two-thirds (2/3) of all shares of stock issued or subscribed.
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(b) The Director of Revenue and Taxation shall charge a filing fee of Twenty-five Dollars ($25.00) for each voluntary corporate dissolution filed with the Department. SOURCE: CC § 400; amended by P.L. 9-98 (8/17/67). Amended by P.L. 29- 002:V:I:57 (May 18, 2007). 2007 COMMENT: The amendment by P.L. 29-002 added a new subsection (a) to the existing, unnumbered provision. To better organize the section, the existing provision was designated subsection (a) and the new subsection (from P.L. 29-002) was re- designated subsection (b) by the Compiler.