10-11431
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10-11431. Procedure for judicial dissolution A. Venue for a proceeding by the attorney general to dissolve a corporation or for a proceeding brought by any other party named in section 10-11430 is in the county where a corporation's known place of business is or was last located. B. It is not necessary to make directors or members parties to a proceeding to dissolve a corporation unless relief is sought against them personally. C. A court in a proceeding brought to dissolve a corporation may issue injunctions, appoint a receiver with all powers and duties the court directs, take other action required to preserve the corporate assets wherever located and carry on the activities of the corporation until a full hearing can be held. |