1. (a) 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 secretary of state for filing articles of dissolution that set forth:

   1. (1) the name of the corporation;
   2. (2) the date of its incorporation;
   3. (3) either (i) that none of the corporation's shares has been issued or (ii) 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.

Source. 2013, 142:1, eff. Jan. 1, 2014.