The secretary of state may administratively dissolve a limited liability company if: I. For 2 consecutive years, the limited liability company does not pay within 60 days after they are due any annual report fees or penalties imposed by this act or other law; II. The limited liability company for 2 consecutive years does not deliver its annual report to the secretary of state within 60 days after it is due; III. The limited liability company is without a registered agent or registered office in this state for 60 days or more; IV. The limited liability company does not notify the secretary of state within 60 days that its registered agent or registered office has been changed, that its registered agent has resigned, or that its registered office has been discontinued; or V. The limited liability company's period of duration stated in its certificate of formation expires.
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