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.
Correct Answer:

Verified
Correct Answer:
Verified
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