2025 Session
Last amended: 1982 session
§ 302A.741 — Supervised Voluntary Dissolution
Plain-Language Summary
Allows a court to supervise the voluntary dissolution of a corporation.
302A.741 SUPERVISED VOLUNTARY DISSOLUTION.
After the notice of intent to dissolve has been filed with the secretary of state and before a certificate of dissolution has been issued, the corporation or, for good cause shown, a shareholder or creditor may apply to a court within the county in which the registered office of the corporation is situated to have the dissolution conducted or continued under the supervision of the court as provided in sections 302A.751 to 302A.781.
History:
1981 c 270 s 107; 1982 c 497 s 64
History: History: 1981 c 270 s 107; 1982 c 497 s 64
Practical Notes
If disputes arise during dissolution, a court can step in to oversee the process.