Revocation in corporation having no members entitled to vote.

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47-26-14. Revocation in corporation having no members entitled to vote.

Where there are no members, or no members entitled to vote thereon, a resolution to revoke the voluntary dissolution proceedings shall be adopted at a meeting of the board of directors upon receiving the vote of a majority of the directors in office.

Source: SL 1965, ch 24, §50 (2).


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