§ 23-17-24-2 — Venue; parties; judicial authority; notice to attorney general

Indiana § 23-17-24-2

• Jurisdiction: Indiana
• Title 23: BUSINESS AND OTHER ASSOCIATIONS
• Art. 17: NONPROFIT CORPORATIONS
• Ch. 24: Judicial Dissolution

Text

(a) Venue for a proceeding brought by the
attorney general against a corporation or its officers or directors lies in
Marion County. Venue for a proceeding brought by any other party
named under section 1 of this chapter lies in the county where:
(1) a corporation's principal office is or was last located; or
(2) if the principal office is not located in Indiana, the
corporation's registered office is or was last located.
(b) A director or a member does not have to be made a party to a
proceeding to dissolve a corporation unless relief is sought against a
director or a member individually.
(c) A court in a proceeding brought to dissolve a corporation may
do the following:
(1) Issue injunctions.
(2) Appoint a receiver or custodian pendente lite with all powers
and duties the court directs.
(3) Take other action required to preserve the corporate assets
wherever located.
(4) Carry on the activities of the corporation until a full hearing
can be held.
(d) A person other than the attorney general who brings an
involuntary dissolution proceeding for a public benefit or religious
corporation shall give written notice without delay of the proceeding to
the attorney general who may intervene.

Legislative History

As added by P.L.179-1991, SEC.1. Amended by P.L.245-2005, SEC.5.