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.
(Act 2023-503, §1.)