In states that have adopted the Revised Model Business Corporation Act, the secretary of state may commence proceedings to administratively dissolve a corporation under all but which of the following circumstances?
A) the corporation adopts more than one business purpose.
B) the corporation does not pay franchise taxes within sixty (60) days after they are due.
C) the corporation does not file its annual report within sixty (60) days after it is due.
D) the corporation is without a registered agent or registered office for sixty (60) days or more.
Correct Answer:
Verified
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