<?xml version='1.0' encoding='utf-8'?>
<section article="gca" article_name="Corporations and Associations" number="3-402" title_number="3" title_name="Corporations in General -- Extraordinary Actions" subtitle_number="4" subtitle_name="Dissolution">
  <level label="a">
    <text>If there is no stock entitled to be voted on the dissolution either outstanding or subscribed for, the dissolution shall be approved as provided in this section.</text>
  </level>
  <level label="b">
    <text>If the action is taken before the organization meeting of the board of directors, the dissolution shall be approved by resolution of a majority of the incorporators.</text>
  </level>
  <level label="c">
    <text>If the action is taken after the organization meeting of the board of directors, the dissolution shall be approved by resolution of a majority of the entire board of directors.</text>
  </level>
</section>
