Kentucky Statutes 14A.7-010 – Grounds for administrative dissolution
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(1) The Secretary of State may commence a proceeding to administratively dissolve an entity:
(a) If the entity does not deliver for filing its annual report with the Secretary of
State by the due date thereof;
(b) If the entity is without a registered office or registered agent in this state for sixty (60) days or more;
(c) If the entity does not notify the Secretary of State within sixty (60) days that its registered office or registered agent has been changed, that its registered office has been discontinued or that its registered agent has resigned; or
(d) For such other reasons as are provided in this chapter or the organic law governing the entity.
(2) Subsection (1)(a) of this section shall not apply to any entity not obligated to file an annual report.
(3) Subsection (1)(b) and (c) of this section shall not apply to any entity that is not obligated to maintain a registered office and agent.
Effective: January 1, 2011
History: Created 2010 Ky. Acts ch. 151, sec. 35, effective January 1, 2011.
(a) If the entity does not deliver for filing its annual report with the Secretary of
Terms Used In Kentucky Statutes 14A.7-010
- Entity: means a corporation, business or statutory trust, partnership, limited partnership, limited liability company, limited cooperative association, or unincorporated nonprofit association, governed as to its internal affairs by the laws of the Commonwealth of Kentucky. See Kentucky Statutes 14A.1-070
- Registered agent: means a registered agent appointed in accordance with KRS
14A. See Kentucky Statutes 14A.1-070 - Registered office: means the registered office identified in accordance with and
satisfying the requirements of KRS §. See Kentucky Statutes 14A.1-070 - State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
State by the due date thereof;
(b) If the entity is without a registered office or registered agent in this state for sixty (60) days or more;
(c) If the entity does not notify the Secretary of State within sixty (60) days that its registered office or registered agent has been changed, that its registered office has been discontinued or that its registered agent has resigned; or
(d) For such other reasons as are provided in this chapter or the organic law governing the entity.
(2) Subsection (1)(a) of this section shall not apply to any entity not obligated to file an annual report.
(3) Subsection (1)(b) and (c) of this section shall not apply to any entity that is not obligated to maintain a registered office and agent.
Effective: January 1, 2011
History: Created 2010 Ky. Acts ch. 151, sec. 35, effective January 1, 2011.