Indiana § 27-1-10-8 - Final dissolution; pending liabilities
Full text of Indiana Indiana Code § 27-1-10-8 — Final dissolution; pending liabilities, with citation guidance and answers to common questions.
§ 27-1-10-8. Final dissolution; pending liabilities
Sec. 8. (a) Upon the issuance of the certificate of dissolution and the recording of the articles of dissolution, as provided in section 7 of this chapter, the corporation shall be dissolved and its existence shall cease.
(b) The dissolution of any corporation in accordance with the provisions of this article shall not take away or impair any remedy against such corporation, its directors, officers, or shareholders, for any liability incurred by the corporation previous to its dissolution if suit is brought and service of process is had, as provided by the laws of this state, within two (2) years after the date of such dissolution.
Formerly: Acts 1935, c.162, s.138. As amended by P.L.252-1985, SEC.52.
IC 27-1-11Chapter 11. Reorganization of Existing Insurance Companies
27-1-11-1Authority to reorganize; reorganization of mutual company as stock company unauthorized 27-1-11-2Articles; approval by directors 27-1-11-3Articles; submission to shareholders, members, or policyholders; vote required; eligibility to vote 27-1-11-4Articles; execution; approval or disapproval by department 27-1-11-5Articles; presentation to secretary of state; duties of secretary of state 27-1-11-6Filing copy of articles; cancellation of certificate of authority; recording articles; exercise of new powers 27-1-11-7Completion of reorganization; effect
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 27-1-10-8
What does Indiana Code § 27-1-10-8 cover?
Section 27-1-10-8 ("Final dissolution; pending liabilities") 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 § 27-1-10-8?
A common citation format is "Indiana Code § 27-1-10-8" (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 § 27-1-10-8 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.