Note: This version of section effective until 1-1-2018. See also following repeal of this chapter, effective 1-1-2018.

Sec. 5. (a) The secretary of state may commence a proceeding under this section to administratively dissolve a corporation incorporated under Indiana law if the corporation does not deliver its biennial report to the secretary of state within sixty (60) days after it is due.

1. (b) The procedure for administrative dissolution under this section is the same as that set forth in IC 23-1-46-2 and IC 23-17-23-2 .
2. (c) The procedure for reinstatement after an administrative dissolution under this section is the same as that set forth in IC 23-1-46-3 and IC 23-17-23-3 .
3. (d) The procedures for denial and appeal of a denial of reinstatement under this section are the same as those set forth in IC 23-1-46-4 and IC 23-17-23-4 .

As added by P.L.107-1987, SEC.49. Amended by P.L.228-1995, SEC.17; P.L.119-2015, SEC.35.