Section 53-16-7 - Revocation of voluntary dissolution proceedings by consent of shareholders.

53-16-7. Revocation of voluntary dissolution proceedings by consent of shareholders.

By the written consent of all of its shareholders, a corporation may, at any time prior to the issuance of a certificate of dissolution by the commission, revoke voluntary dissolution proceedings. Upon the execution of the written consent, a statement of revocation of voluntary dissolution proceedings shall be executed by the corporation by an authorized officer, which statement shall set forth:   

A.     the name of the corporation;   

B.     the names and respective addresses of its officers;   

C.     the names and respective addresses of its directors;   

D.     a copy of the written consent signed by all shareholders of the corporation revoking the voluntary dissolution proceedings; and   

E.     that the written consent has been signed by all shareholders of the corporation or signed in their names by their authorized attorneys.