§ 15.32. Appeal from revocation
§ 15.32. Appeal from revocation (a) A foreign corporation may appeal the Secretary of State’s revocation of its certificate of authority to the Superior Court within 30 days after service of the certificate of revocation is perfected under section 15.10 of this title. The foreign corporation appeals by petitioning the Court to set aside the […]
§ 16.01. Corporate records
§ 16.01. Corporate records (a) A corporation shall keep as permanent records minutes of all meetings of its members and board of directors, a record of all actions taken by the members or directors without a meeting, and a record of all actions taken by committees of the board of directors as authorized by subsection […]
§ 16.02. Inspection of records by members
§ 16.02. Inspection of records by members (a) Subject to subsection 16.03(c) of this title, a member is entitled to inspect and copy, at a reasonable time and location specified by the corporation, any of the records of the corporation described in subsection 16.01(e) of this title if the member gives the corporation written notice […]
§ 14.21. Procedure for and effect of involuntary termination
§ 14.21. Procedure for and effect of involuntary termination (a) Upon determining that one or more grounds exist under section 14.20 of this title for dissolving a corporation, the Secretary of State shall serve the corporation with written notice of that determination under section 5.04 of this title. (b) If the corporation does not correct […]
§ 14.22. Reinstatement following involuntary dissolution
§ 14.22. Reinstatement following involuntary dissolution (a) A corporation involuntarily dissolved that has not distributed its assets under section 14.21 of this title may apply to the Secretary of State for reinstatement upon payment of $25.00 for each year the corporation is delinquent. The application must: (1) recite the name of the corporation and the […]
§ 14.23. Appeal from denial of reinstatement
§ 14.23. Appeal from denial of reinstatement (a) The Secretary of State, upon denying a corporation’s application for reinstatement following involuntary dissolution, shall serve the corporation under section 5.04 of this title with a written notice that explains the reason or reasons for denial. (b) The corporation may appeal the denial of reinstatement to the […]
§ 11.07. Bequests, devises, and gifts
§ 11.07. Bequests, devises, and gifts Any bequest, devise, gift, grant, or promise contained in a will or other instrument of donation, subscription, or conveyance, which is made to a constituent corporation and which takes effect or remains payable after the merger, inures to the surviving corporation unless the will or other instrument otherwise specifically […]
§ 12.01. Sale of the assets in regular course of activities and mortgage of assets
§ 12.01. Sale of the assets in regular course of activities and mortgage of assets (a) A corporation may on the terms and conditions and for the consideration determined by the board of directors: (1) sell, lease, exchange, or otherwise dispose of all, or substantially all, of its property in the usual and regular course […]
§ 12.02. Sale of assets other than in regular course of activities
§ 12.02. Sale of assets other than in regular course of activities (a) A corporation may sell, lease, exchange, or otherwise dispose of all, or substantially all, of its property (with or without the good will), other than in the usual and regular course of its activities on the terms and conditions and for the […]
§ 13.01. Prohibited distributions
§ 13.01. Prohibited distributions Except as authorized by section 13.02 of this title, a corporation shall not make any distributions. (Added 1995, No. 179 (Adj. Sess.), § 1, eff. Jan. 1, 1997.)