The director may commence a proceeding to terminate a limited liability company administratively if the company fails to:
- (1) Pay any fees prescribed by law;
- (2) File its annual report for a period of two years pursuant to section 428-210;
- (3) Appoint and maintain an agent for service of process as required by this part; or
- (4) File a statement of a change in the name or business address of the agent as required by this part.
[L 1996, c 92, pt of §1; am L 2001, c 129, §97]