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 inIndiana may not withdraw from this state until it obtains a certificateof 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 inIndiana may apply for a certificate of withdrawal by delivering anapplication to the secretary of state for filing. The application mustset forth:
        (1) the name of the foreign corporation and the name of thestate or country under whose law it is incorporated;
        (2) that it is not transacting business in Indiana and that itsurrenders its authority to transact business in Indiana;
        (3) that it revokes the authority of its registered agent to acceptservice on its behalf and appoints the secretary of state as itsagent for service of process in any proceeding based on a causeof action arising during the time it was authorized to transactbusiness in Indiana;
        (4) a mailing address to which the secretary of state may maila copy of any process served on the secretary of state undersubdivision (3); and
        (5) a commitment to notify the secretary of state in the future ofany 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 isservice on the foreign corporation. Upon receipt of process, thesecretary of state shall mail a copy of the process to the foreigncorporation at the mailing address set forth in its application forwithdrawal.
As added by P.L.149-1986, SEC.34.