Sec. 10. Assets of a dissolved limited liability company that should be transferred to a creditor, claimant, or member of the limited liability company who cannot be found or who is not competent to receive the assets must be reduced to cash and deposited with the treasurer of state or other appropriate state official for safekeeping. When the creditor, claimant, or member furnishes satisfactory proof of entitlement to the amount deposited, the treasurer of state or other appropriate state official must pay to the creditor, claimant, or member or a representative of the creditor, claimant, or member that amount. IC 23-18-10 Chapter 10. Repealed IC 23-18-11 Chapter 11. Repealed IC 23-18-12 Chapter 12. Repealed IC 23-18-13 Chapter 13. Applicability of Other Provisions 23-18-13-1 Application of state and federal constitutions; IC 1-1 23-18-13-2 References
‹ Prev All Indiana sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.