Administrative Dissolution

Section 1.

Overview

What is a Notice of Grounds?

The Notice of Grounds for Administrative Dissolution is sent to companies who failed to comply with the annual report requirement to maintain their listing in the NC Business Registry. If a business fails to send in their annual reports, the Business Registration Division sends them a Notice of Grounds (NOG) notice (postcard) warning them of possible dissolution of their business. See Figure 2.

You received the notice because your business is missing at least one annual report.

Annual reports are due on the 15th day of the fourth month following the fiscal year end. For example, if your fiscal year ends in December, your annual report is due by April 15.

Please take action promptly—it’s easier to file a delinquent annual report than to reinstate a corporation after dissolution or revocation.