Top Shelf Brands Holdings Corp. (DKTS)

[hedge_fun]

DKTS could re-incorporate ONLY after properly......

filing with NV. DKTS is public and ALL corporate actions MUST be current and filed with NV before relocating, regardless of Pierce's (ahem) majority position. The first thing he would have to do is get current (pay fees and file annual reports) with NV before incorporating in another state.

But this is what I was referring to.......

b. The appointing court shall convert a receivership created under Subsection (a) into an ancillary receivership if the appointing court determines an ancillary receivership is appropriate because a court in another state has ordered a receivership of all property and business of the entity.

You highlighted subsection a, but it appears b comes before a per what you cited.

When I reference DKTS being public, the TA needs the corporate actions, such as the AS resolutions in order to issue shares. But you can't just jump from state to state.