Laws: Cases and Codes : U.S. Code : Title 15 : Section 154


   
U.S. Code as of: 01/19/04
Section 154. Investigations by registrar; revocation of certificate of incorporation

      The registrar may, in order to ascertain if the affairs of a
    China Trade Act corporation are conducted contrary to any provision
    of this chapter, or any other law, or any treaty of the United
    States, or the articles of incorporation or bylaws of the
    corporation, investigate the affairs of the corporation. The
    registrar, whenever he is satisfied that the affairs of any China
    Trade Act corporation are or have been so conducted, may institute
    in the United States Court for China proceedings for the revocation
    of the certificate of incorporation of the corporation. The court
    may revoke such certificate if it finds the affairs of such
    corporation have been so conducted. Pending final decision in the
    revocation proceedings the court may at any time, upon application
    of the registrar or upon its own motion, make such orders in
    respect to the conduct of the affairs of the corporation as it
    deems advisable.



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