Indiana Statutes
§ 23-17-8-1 — Resignation; liability for obligations
Indiana § 23-17-8-1
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 17NONPROFIT CORPORATIONS
Ch. 8Resignation and Termination of Members
This text of Indiana § 23-17-8-1 (Resignation; liability for obligations) 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 § 23-17-8-1 (2026).
Text
(a)A member may resign at any time.
(b)The resignation of a member does not relieve the member from
any obligations the member may have to the corporation as a result of
obligations incurred or commitments made before a resignation.
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Related
Jay County Rural Electric Membership Corp. v. Wabash Valley Power Ass'n
692 N.E.2d 905 (Indiana Court of Appeals, 1998)
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"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 23-17-8-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-17-8-1.