Sec. 1. A majority of the incorporators or initial directors of a corporation that has no members or has not commenced activities may dissolve the corporation by delivering to the secretary of state for filing articles of dissolution that set forth the following:
(1) The name of the corporation.
(2) The date of the corporation's incorporation.
(3) Either:
(A) that no membership in the corporation has been issued; or
(B) that the corporation has not commenced business.
(4) That no debt of the corporation remains unpaid.
(5) That a majority of the incorporators or initial directors authorized the dissolution.
As added by P.L.179-1991, SEC.1.
Structure Indiana Code
Title 23. Business and Other Associations
Article 17. Nonprofit Corporations
Chapter 22. General Dissolution
23-17-22-2. Proposals by Board; Conditions for Adoption; Notice
23-17-22-3. Articles of Dissolution; Contents
23-17-22-4. Revocation; Authorization; Articles of Revocation; Contents; Effect
23-17-22-5. Continued Existence; Winding Up and Liquidation; Effect of Dissolution
23-17-22-6. Claims Against Dissolved Corporation; Notice to Claimants; Limitation of Actions