Charter revocation is, I think, technically on the books in every state, but its not used for variety of reasons, one of which is because while it destroys the corporate entity, it mostly punishes the people least responsible for any wrongdoing (it can sometimes be accompanied by real punishment for the responsible actors, but those are separate processes that doesn’t require charter revocation, such as individual criminal prosecution or civil process that ends with fines, being barred from serving as a corporate officer, etc.)