Indiana § 28-3-3-1 Notice of voluntary liquidation to correct prior failure to give notice

Indiana Statutes

§ 28-3-3-1 — Notice of voluntary liquidation to correct prior failure to give notice

Indiana § 28-3-3-1

Art. 3LIQUIDATION, REORGANIZATION, AND

Ch. 3Correction of Notice of Liquidation

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Bluebook

Ind. Code § 28-3-3-1 (2026).

Text

Any bank, trust company, savings association or
other financial institution incorporated or organized under any law of
this state and which has heretofore undertaken voluntary liquidation
proceedings but failed to comply with the then existing law as to the
giving of notice of such voluntary liquidation, may correct such error
of omission by giving notice of such voluntary liquidation in the
manner originally provided for such financial institution. Any notice so
given shall contain in brief form a chronological history of the
liquidation proceedings. Any notice so given shall also state in effect
that any creditor, shareholder or other interested party failing to object
in writing to the acts of the liquidating agent within sixty (60) days
after the first publication of such notice shall 

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Any bank, trust company, savings association or
other financial institution incorporated or organized under any law of
this state and which has heretofore undertaken voluntary liquidation
proceedings but failed to comply with the then existing law as to the
giving of notice of such voluntary liquidation, may correct such error
of omission by giving notice of such voluntary liquidation in the
manner originally provided for such financial institution. Any notice so
given shall contain in brief form a chronological history of the
liquidation proceedings. Any notice so given shall also state in effect
that any creditor, shareholder or other interested party failing to object
in writing to the acts of the liquidating agent within sixty (60) days
after the first publication of such notice shall be forever barred from
thereafter asserting any claim against the financial institution, the
liquidating agent, or his surety.
Formerly: Acts 1941, c.157, s.1. As amended by P.L.79-1998,
SEC.69.