47-34A-809Grounds for administrative dissolution.

The secretary of state may commence a proceeding to dissolve a limited liability company administratively if the company does not:

(1)    Pay any fees, taxes, or penalties imposed by this chapter or other law within sixty days after they are due; or

(2)    Deliver its annual report to the secretary of state within sixty days after it is due.

Source: SL 1998, ch 272, § 809.