Grounds for administrative dissolution.

The division may commence a proceeding under Section 16-6a-1411 for administrative dissolution of a nonprofit corporation if: (1) the nonprofit corporation does not pay when they are due any taxes, fees, or penalties imposed by this chapter or other applicable laws of this state; (2) the nonprofit corporation does not deliver its annual report to the division when it is due; (3) the nonprofit corporation is without a registered agent; or (4) the nonprofit corporation does not give notice to the division that: (a) its registered agent has been changed; (b) its registered agent has resigned; or (c) the nonprofit corporation's period of duration stated in its articles of incorporation expires.