Sec. 8. (a) Upon the issuance of the certificate of dissolution and the recording of the articles of dissolution, as provided in section 7 of this chapter, the corporation shall be dissolved and its existence shall cease.
(b) The dissolution of any corporation in accordance with the provisions of this article shall not take away or impair any remedy against such corporation, its directors, officers, or shareholders, for any liability incurred by the corporation previous to its dissolution if suit is brought and service of process is had, as provided by the laws of this state, within two (2) years after the date of such dissolution.
Formerly: Acts 1935, c.162, s.138. As amended by P.L.252-1985, SEC.52.
Structure Indiana Code
Article 1. Department of Insurance
Chapter 10. Voluntary Dissolution
27-1-10-1. Surrender of Certificate of Incorporation; Time; Procedure
27-1-10-2. Submission of Question of Dissolution; Vote of Shareholders, Members, or Policyholders
27-1-10-3. Reinsurance of Noncancellable Policies
27-1-10-5. Articles of Dissolution; Contents; Executions; Approval
27-1-10-6. Articles of Dissolution; Duties of Secretary of State