Section 1101. Attorney-general's action for judicial dissolution

(a) The  attorney-general may bring an action for the dissolution of a
  corporation upon one or more of the following grounds:
    (1) That the corporation procured  its  formation  through  fraudulent
  misrepresentation or concealment of a material fact.
    (2) That  the corporation has exceeded the authority conferred upon it
  by law, or has violated any provision of law whereby  it  has  forfeited
  its  charter,  or  carried on, conducted or transacted its business in a
  persistently fraudulent or illegal manner, or by the abuse of its powers
  contrary to the public policy of the  state  has  become  liable  to  be
  dissolved.
    (b) An  action  under  this  section is triable by jury as a matter of
  right.
    (c) The enumeration in paragraph (a) of grounds for dissolution  shall
  not  exclude  actions  or special proceedings by the attorney-general or
  other state officials for the annulment or dissolution of a  corporation
  for  other causes as provided in this chapter or in any other statute of
  this state.