318. The declaration of dissolution is sent to the enterprise registrar.
The declaration of dissolution must state whether
(1) the corporation’s board of directors has performed the corporation’s obligations, obtained forgiveness of those obligations or otherwise made provision for them and, if applicable, whether the remaining property of the corporation has been distributed;
(2) the corporation’s rights and obligations become those of its sole shareholder who is filing the declaration of dissolution, and the sole shareholder is able to pay the liabilities of the corporation as they become due; or
(3) at the time of consent to the dissolution, the corporation had no obligations, no property and, if applicable, no shareholders.