Administrative dissolution of statement of qualification; grounds

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The Secretary of State may commence a proceeding under Section 79-13-1004 to administratively dissolve a statement of qualification if:

  1. The limited liability partnership does not pay within sixty (60) days after they are due any fees, taxes, or penalties imposed by this chapter or other law;
  2. [Reserved]
  3. The limited liability partnership is without a registered agent in this state for sixty (60) days or more;
  4. The limited liability partnership does not notify the Secretary of State within sixty (60) days that its registered agent has been changed or that its registered agent has resigned; or
  5. A misrepresentation has been made of any material matter in any application, report, affidavit, or other record submitted by the limited liability partnership pursuant to this chapter.


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