Indiana Code Title 23. Business and Other Associations § 23-1-47-2
Current as of June 08, 2021 | Updated by FindLaw Staff
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Sec. 2. (a) Venue for a proceeding by the attorney general to dissolve a corporation lies in Marion County. Venue for a proceeding brought by any other party named in section 1 of this chapter lies in the county where a corporation's principal office (or, if none in Indiana, its registered office) is or was last located.
(b) It is not necessary to make shareholders parties to a proceeding to dissolve a corporation unless relief is sought against them individually.
(c) A court in a proceeding brought to dissolve a corporation may issue injunctions, appoint a receiver or custodian pendente lite with all powers and duties the court directs, take other action required to preserve the corporate assets wherever located, and carry on the business of the corporation until a full hearing can be held.
Cite this article: FindLaw.com - Indiana Code Title 23. Business and Other Associations § 23-1-47-2 - last updated June 08, 2021 | https://codes.findlaw.com/in/title-23-business-and-other-associations/in-code-sect-23-1-47-2/
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