SECTION 914

Failing to have increased their stated capital by at least the minimum amount provided for in article 311 of this uniform Act for private limited liability companies, and article 387 of this uniform Act for public limited liability companies, private limited liability companies, and public limited liability companies whose capital is less than these amounts must, before the expiration of the period set forth in article 908 of this uniform Act, shall declare their dissolution or transform themselves into a company of another form for which this uniform Act does not require a minimum capital above the existing one. Companies which do not comply with the provisions of the foregoing paragraph shall be automatically dissolved on the expiration of the time limit provided.