CHAPTER 48. DEPOSIT OF ASSETS OF DISSOLVED CORPORATION - Indiana Statutes

IC 23-1-48
     Chapter 48. Deposit of Assets of Dissolved Corporation

IC 23-1-48-1
Deposit of assets; payment to claimant
     Sec. 1. Assets of a dissolved corporation that should be transferred to a creditor, claimant, or shareholder of the corporation who cannot be found or who is not competent to receive them shall be reduced to cash and deposited with the state treasurer or other appropriate state official for safekeeping. When the creditor, claimant, or shareholder furnishes satisfactory proof of entitlement to the amount deposited, the state treasurer or other appropriate state official shall pay the creditor, claimant, or shareholder or a representative of the creditor, claimant, or shareholder that amount.
As added by P.L.149-1986, SEC.32.