Sec. 10. Assets of a dissolved limited liability company that should be transferred to a creditor, claimant, or member of the limited liability company who cannot be found or who is not competent to receive the assets must be reduced to cash and deposited with the treasurer of state or other appropriate state official for safekeeping. When the creditor, claimant, or member furnishes satisfactory proof of entitlement to the amount deposited, the treasurer of state or other appropriate state official must pay to the creditor, claimant, or member or a representative of the creditor, claimant, or member that amount.
As added by P.L.8-1993, SEC.301.
Structure Indiana Code
Title 23. Business and Other Associations
Article 18. Limited Liability Companies
Chapter 9. Voluntary Dissolution
23-18-9-1. Circumstances Requiring Dissolution; Companies Existing on or Before June 30, 1999
23-18-9-1.1. Circumstances Requiring Dissolution; Companies Formed After June 30, 1999
23-18-9-2. Court-Decreed Dissolution
23-18-9-3. Powers of Dissolved Company; Effect of Dissolution
23-18-9-4. Entities Entitled to Wind Up Company's Business or Affairs
23-18-9-5. Binding Acts of Members Following Dissolution
23-18-9-6. Distribution of Assets
23-18-9-7. Articles of Dissolution; Filing
23-18-9-7.5. Revocation of Dissolution