CHAPTER 50. WITHDRAWAL OF FOREIGN CORPORATIONS
IC 23-1-50
Chapter 50. Withdrawal of Foreign Corporations
IC 23-1-50-1
Necessity of certificate of withdrawal
Sec. 1. A foreign corporation authorized to transact business in
Indiana may not withdraw from this state until it obtains a certificate
of withdrawal from the secretary of state.
As added by P.L.149-1986, SEC.34.
IC 23-1-50-2
Application for certificate of withdrawal
Sec. 2. A foreign corporation authorized to transact business in
Indiana may apply for a certificate of withdrawal by delivering an
application to the secretary of state for filing. The application must
set forth:
(1) the name of the foreign corporation and the name of the
state or country under whose law it is incorporated;
(2) that it is not transacting business in Indiana and that it
surrenders its authority to transact business in Indiana;
(3) that it revokes the authority of its registered agent to accept
service on its behalf and appoints the secretary of state as its
agent for service of process in any proceeding based on a cause
of action arising during the time it was authorized to transact
business in Indiana;
(4) a mailing address to which the secretary of state may mail
a copy of any process served on the secretary of state under
subdivision (3); and
(5) a commitment to notify the secretary of state in the future of
any change in its mailing address.
As added by P.L.149-1986, SEC.34.
IC 23-1-50-3
Service of process after withdrawal of corporation
Sec. 3. After the withdrawal of the corporation is effective,
service of process on the secretary of state under this chapter is
service on the foreign corporation. Upon receipt of process, the
secretary of state shall mail a copy of the process to the foreign
corporation at the mailing address set forth in its application for
withdrawal.
As added by P.L.149-1986, SEC.34.