16-6a-1417 - Decree of dissolution.
16-6a-1417. Decree of dissolution.
(1) If after a hearing the court determines that one or more grounds for judicialdissolution described in Section 16-6a-1414 exist:
(a) the court may enter a decree:
(i) dissolving the nonprofit corporation; and
(ii) specifying the effective date of the dissolution; and
(b) the clerk of the court shall deliver a certified copy of the decree to the division whichshall file it accordingly.
(2) After entering the decree of dissolution, the court shall direct:
(a) the winding up and liquidation of the nonprofit corporation's affairs in accordancewith Section 16-6a-1405; and
(b) the giving of notice to:
(i) (A) the nonprofit corporation's registered agent; or
(B) the division if it has no registered agent; and
(ii) to claimants in accordance with Sections 16-6a-1406 and 16-6a-1407.
(3) The court's order or decision may be appealed as in other civil proceedings.
Enacted by Chapter 300, 2000 General Session