Indiana § 23-17-24-4 - Decree of dissolution; winding up affairs
Full text of Indiana Indiana Code § 23-17-24-4 — Decree of dissolution; winding up affairs, with citation guidance and answers to common questions.
§ 23-17-24-4. Decree of dissolution; winding up affairs
Sec. 4. (a) If after a hearing the court determines that a ground for judicial dissolution described in section 1 of this chapter exists, the court may enter a decree dissolving the corporation and specifying the effective date of the dissolution. The clerk of the court shall deliver a certificate copy of the decree to the secretary of state, who shall file the certificate copy.
(b) After entering the decree of dissolution, the court shall direct the winding up and liquidating of the corporation's affairs in accordance with IC 23-17-22-5 and the notification of the corporation's claimants under IC 23-17-22-6 and IC 23-17-22-7.
As added by P.L.179-1991, SEC.1.
IC 23-17-25Chapter 25. Private Foundations
23-17-25-1Duties and prohibitions
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 23-17-24-4
What does Indiana Code § 23-17-24-4 cover?
Section 23-17-24-4 ("Decree of dissolution; winding up affairs") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 23-17-24-4?
A common citation format is "Indiana Code § 23-17-24-4" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 23-17-24-4 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.