Indiana § 27-1-19-6 Vesting of assets in new corporation; name; treatment of real estate

Indiana Statutes

§ 27-1-19-6 — Vesting of assets in new corporation; name; treatment of real estate

Indiana § 27-1-19-6

Title 27INSURANCE

Art. 1DEPARTMENT OF INSURANCE

Ch. 19Reorganization of Foreign Companies Into Domestic

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Bluebook

Ind. Code § 27-1-19-6 (2026).

Text

Upon compliance with the provisions of this
article, the entire assets of any such corporation shall thereby become
vested in the new corporation. The name of the new corporation may
be the same as the former corporation, or, upon resolution of the board
of trustees or directors or other governing body, such name may be
changed. If such corporation shall be the owner of any real estate
situate in said state of Indiana or of any other state, such real estate
shall become vested, upon compliance with this statute, in the new
corporation, and a copy of such resolution, duly certified by the
secretary of state and filed in the recorder's office of the proper county
in which such real estate may be situated, shall constitute a conveyance
of said real estate to said new corporation.
Formerly: Ac

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Upon compliance with the provisions of this
article, the entire assets of any such corporation shall thereby become
vested in the new corporation. The name of the new corporation may
be the same as the former corporation, or, upon resolution of the board
of trustees or directors or other governing body, such name may be
changed. If such corporation shall be the owner of any real estate
situate in said state of Indiana or of any other state, such real estate
shall become vested, upon compliance with this statute, in the new
corporation, and a copy of such resolution, duly certified by the
secretary of state and filed in the recorder's office of the proper county
in which such real estate may be situated, shall constitute a conveyance
of said real estate to said new corporation.
Formerly: Acts 1935, c.162, s.245. As amended by
P.L.252-1985, SEC.86.