Indiana Statutes

§ 34-17-3-5 — Judgment or exclusion from office, franchise, or corporate rights; dissolution of corporation

Indiana·Title 34 CIVIL LAW AND PROCEDURE·Art. 17 CAUSES OF ACTION: INFORMATIONS·Ch. 3 Judgment, Costs, and Enforcement
(a)This section applies whenever:
(1)a person is found guilty of usurping, intruding into, or unlawfully exercising:
(A)an office or a franchise within Indiana; or
(B)an office in a corporation created by the authority of this state;
(2)a public officer thus charged is found guilty of having done or suffered an act which, by law, works a forfeiture of the office; or
(3)an association or number of persons is found guilty of having acted as a corporation, without having been legally incorporated.
(b)The court shall give judgment of ouster against the defendant and:
(1)exclude the defendant from the office, franchise, or corporate rights;
(2)in cases of corporations, dissolve the corporation; and
(3)adjudge costs in favor of the plaintiff. [Pre-1998 Recodification Citation: 34-1-59-

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Indiana § 34-17-3-5 (Judgment or exclusion from office, franchise, or corporate rights; dissolution of corporation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.1-1998, SEC.12.

Nearby Sections

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