§ 211.7 Voluntary liquidation of Edge and agreement corporations.
Current through Oct 1, 2026 · Read all of Part 211
(a) Prior notice. An Edge or agreement corporation desiring voluntarily to discontinue normal business and dissolve, shall provide the Board with 45 days' prior written notice of its intent to do so.
(b) Waiver of notice period. The Board may waive the 45-day period if it finds that immediate action is required by the circumstances presented.