Indiana Statutes
§ 23-17-24-4 — Decree of dissolution; winding up affairs
Indiana·Title 23 BUSINESS AND OTHER ASSOCIATIONS·Art. 17 NONPROFIT CORPORATIONS·Ch. 24 Judicial Dissolution
(a)If after a hearing the court determines that
a ground for judicial dissolution described in section 1 of this chapter
exists, the court may enter a decree dissolving the corporation and
specifying the effective date of the dissolution. The clerk of the court
shall deliver a certificate copy of the decree to the secretary of state,
who shall file the certificate copy.
(b)After entering the decree of dissolution, the court shall direct the
winding up and liquidating of the corporation's affairs in accordance
with IC 23-17-22-5 and the notification of the corporation's claimants
under IC 23-17-22-6 and IC 23-17-22-7.
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Legislative History
As added by P.L.179-1991, SEC.1.
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"