Indiana Statutes
§ 23-1-48-1 — Deposit of assets; payment to claimant
Indiana·Title 23 BUSINESS AND OTHER ASSOCIATIONS·Art. 1 INDIANA BUSINESS CORPORATION LAW·Ch. 48 Deposit of Assets of Dissolved Corporation
Assets of a dissolved corporation that should
be transferred to a creditor, claimant, or shareholder of the corporation
who cannot be found or who is not competent to receive them shall be
reduced to cash and deposited with the state treasurer or other
appropriate state official for safekeeping. When the creditor, claimant,
or shareholder furnishes satisfactory proof of entitlement to the amount
deposited, the state treasurer or other appropriate state official shall pay
the creditor, claimant, or shareholder or a representative of the creditor,
claimant, or shareholder that amount.
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Legislative History
As added by P.L.149-1986, SEC.32.
Nearby Sections
15
§ 23-0.5-1-1
Short title§ 23-0.5-1-2
Application§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 23-0.5-1.5-10
"Filed record"§ 23-0.5-1.5-11
"Filing entity"§ 23-0.5-1.5-12
"Foreign"§ 23-0.5-1.5-13
"General partnership"§ 23-0.5-1.5-14
"Governance interest"§ 23-0.5-1.5-15
"Governing person"§ 23-0.5-1.5-16
"Interest"§ 23-0.5-1.5-17
"Interest holder"