Grounds for administrative dissolution

  1. Law
  2. Mississippi Code
  3. Corporations, Associations, and Partnerships
  4. Mississippi Business Corporation Act
  5. Dissolution
  6. Administrative Dissolution
  7. Grounds for administrative dissolution

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The Secretary of State may commence a proceeding under Section 79-4-14.21 to administratively dissolve a corporation if:

  1. The corporation does not pay within sixty (60) days after they are due any franchise taxes or penalties imposed by Sections 79-4-1.01 et seq. or other law;
  2. The corporation does not deliver its annual report to the Secretary of State within sixty (60) days after it is due;
  3. The corporation is without a registered agent in this state for sixty (60) days or more;
  4. The corporation 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;
  5. The corporation's period of duration stated in its articles of incorporation expires; or
  6. An incorporator, director, officer or agent of the corporation signed a document he knew was false in any material respect with intent that the document be delivered to the Secretary of State for filing.


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