Indiana Code § 34-17-3-5

Judgment or exclusion from office, franchise, or corporate rights; dissolution of corporation
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Sec. 5. (a) This section applies whenever: (1) a person is found guilty of usurping, intruding into, or unlawfully exercising: (A) an office or a franchise within Indiana; or (B) an office in a corporation created by the authority of this state; (2) a public officer thus charged is found guilty of having done or suffered an act which, by law, works a forfeiture of the office; or (3) an association or number of persons is found guilty of having acted as a corporation, without having been legally incorporated.       (b) The court shall give judgment of ouster against the defendant and: (1) exclude the defendant from the office, franchise, or corporate rights; (2) in cases of corporations, dissolve the corporation; and (3) adjudge costs in favor of the plaintiff. [Pre-1998 Recodification Citation: 34-1-59-11.]

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