Sec. 25. (a) A certificate of admission of a foreign corporation is revoked when the department:
(1) serves a certificate of revocation upon the corporation at its principal office in Indiana; and
(2) files a copy of the certificate of revocation with:
(A) the secretary of state; and
(B) the county recorder of the county in which the principal office of the corporation in Indiana is located.
(b) Upon the serving of a certificate of revocation by the department, the authority of the corporation to transact business in this state shall cease, and the corporation shall not transact any business in this state.
Formerly: Acts 1933, c.40, s.348. As amended by P.L.171-1996, SEC.27.
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