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Generally, the Secretary of State May Commence an Administrative Proceeding

Question 20

Multiple Choice

Generally, the secretary of state may commence an administrative proceeding to dissolve a corporation when the corporation:


A) does not pay franchise taxes or penalties immediately when due.
B) does not deliver its annual report within ten days after it is due.
C) is without a registered agent in the state for more than 60 days.
D) is not making enough profit to pay dividends to its shareholders.

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