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 Mayor for filing articles of dissolution that set forth:

1. (1) The name of the corporation;
2. (2) The date of its incorporation;

3. (3)

   1. (A) That none of the corporation’s shares has been issued; or
   2. (B) That the corporation has not commenced business;
4. (4) That no debt of the corporation remains unpaid;
5. (5) That the net assets of the corporation remaining after winding up have been distributed to the shareholders, if shares were issued; and
6. (6) That a majority of the incorporators or initial directors authorized the dissolution.

History

July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720