§ 23-17-22-1 — Corporations without members; corporations that have not commenced business; articles of dissolution; contents

Indiana § 23-17-22-1

• Jurisdiction: Indiana
• Title 23: BUSINESS AND OTHER ASSOCIATIONS
• Art. 17: NONPROFIT CORPORATIONS
• Ch. 22: General Dissolution

Text

A majority of the incorporators or initial
directors of a corporation that has no members or has not commenced
activities may dissolve the corporation by delivering to the secretary of
state for filing articles of dissolution that set forth the following:
(1) The name of the corporation.
(2) The date of the corporation's incorporation.
(3) Either:
(A) that no membership in the corporation has been issued; or
(B) that the corporation has not commenced business.
(4) That no debt of the corporation remains unpaid.
(5) That a majority of the incorporators or initial directors
authorized the dissolution.

Legislative History

As added by P.L.179-1991, SEC.1.