Ind. Code § 23-17-23-2
Note: This version of section effective until 1-1-2018. See also following repeal of this chapter, effective 1-1-2018.
(b) If the corporation does not:
(2) demonstrate to the reasonable satisfaction of the secretary of state that each ground determined by the secretary of state does not exist;
within at least sixty (60) days after service of the notice is perfected under IC 23-17-6-4 , the secretary of state may administratively dissolve the corporation by signing a certificate of dissolution that recites the grounds for dissolution and the effective date of the dissolution. The secretary of state shall file the original of the certificate and serve a copy on the corporation under IC 23-17-6-4 .
Sec. 2. (a) If the secretary of state determines that a ground exists under section 1 of this chapter for dissolving a corporation, the secretary of state shall serve the corporation with written notice of the determination under IC 23-17-6-4 unless the secretary of state:
As added by P.L.179-1991, SEC.1. Amended by P.L.63-2014, SEC.21.