Sec. 24. The certificate of admission of any foreign corporation admitted to do business in this state may be revoked at any time by the department:
(1) upon the failure of the corporation for thirty (30) days to appoint and maintain an agent in this state upon whom service of legal process may be had;
(2) upon the failure of the corporation for thirty (30) days to keep on file in the office of the secretary of state duly authenticated copies of each instrument amending its articles of incorporation;
(3) upon the failure of the corporation for thirty (30) days to file for record in the office of a county recorder the certificate of admission or any amended certificate of admission as provided by this article;
(4) upon the failure, neglect, or refusal of the corporation for thirty (30) days to pay any fee required by the laws of this state; or
(5) for willful misrepresentation of any material matter in any application, statement, affidavit, or other paper filed by such corporation pursuant to this article.
Formerly: Acts 1933, c.40, s.347. As amended by P.L.263-1985, SEC.95; P.L.171-1996, SEC.26.
Structure Indiana Code
Title 28. Financial Institutions
Article 1. Department of Financial Institutions
Chapter 22. Foreign Corporations
28-1-22-1. Necessity of Certificate of Admission
28-1-22-2. Authorized Business; Equality of Rights and Privileges With Domestic Corporations
28-1-22-3. Restrictions on Name
28-1-22-4. Application for Admission; Fees and Supporting Documents
28-1-22-8. Effect of Certificate of Admission
28-1-22-10. Premature Transaction of Business; Personal Liability of Officers and Directors
28-1-22-12. Affidavit Stating Location of Principal Office and Name of Agent for Service of Process
28-1-22-15. Change of Business; Amended Certificate of Admission
28-1-22-16. Application for Amended Certificate of Admission
28-1-22-18. Issuance of Amended Certificate of Admission
28-1-22-19. Effect of Amended Certificate of Admission
28-1-22-20. Change of Business Before Approval; Personal Liability of Officers and Directors
28-1-22-21. Statement of Withdrawal
28-1-22-22. Form; Actions Not Affected
28-1-22-24. Revocation of Certificate of Admission
28-1-22-25. Duties of Department Upon Revocation
28-1-22-28. Transaction of Business Without Certificate; Offenses; Remedies