Section 180.1420. Grounds for administrative dissolution.

  The department may bring a proceeding under s. 180.1421 to administratively dissolve a corporation if any of the following occurs:

(1)  The corporation does not pay, within one year after they are due, any fees or penalties due the department under this chapter.

(2)  The corporation does not have on file its annual report with the department within one year after it is due.

(3)  The corporation is without a registered agent or registered office in this state for at least one year.

(4)  The corporation does not notify the department within one year that its registered agent or registered office has been changed, that its registered agent has resigned or that its registered office has been discontinued.

(5)  The corporation's period of duration stated in its articles of incorporation expires.

(6)  The corporation violates s. 940.302 (2) or 948.051 (2) .

1989 a. 303 ; 1991 a. 16 ; 1995 a. 27 ; 2007 a. 116 .