950 CMR 113.40
Voluntary Dissolution of a Corporation Which Has Not Issued Shares or Has Not Commenced
Business
(1) A corporation which has not issued shares or has not commenced business may dissolve
by majority vote of the incorporators or initial directors.
(2) The articles of dissolution consist of a form supplied by the Division or a document
formatted in the same manner as the Division form. The articles of dissolution shall set forth:
(b) the street address of the corporation’s registered office;
(c) the date of its incorporation;
(d) whether the dissolution was authorized by a majority vote of the incorporators or the
initial directors in the manner required by law;
(e) that none of the corporation’s shares has been issued or that the corporation has not
commenced business;
(f) that no debt of the corporation remains unpaid; and
(g) that the net assets of the corporation remaining after winding up have been distributed
to the shareholders, if the shares were issued; and
(h) the date and time the articles of dissolution will be effective if the articles of dissolution
are to be effective at a later date and/or time, not more than 90 days from the date and time
of filing.