Indiana Statutes
§ 23-1-48-1 — Deposit of assets; payment to claimant
Indiana § 23-1-48-1
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 1INDIANA BUSINESS CORPORATION LAW
Ch. 48Deposit of Assets of Dissolved Corporation
This text of Indiana § 23-1-48-1 (Deposit of assets; payment to claimant) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 23-1-48-1 (2026).
Text
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"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 23-1-48-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-1-48-1.