Indiana § 27-8-1-15 - Foreign corporations; annual statement and fee; license revocation for failure to file statement; solvency statement from foreign state
Full text of Indiana Indiana Code § 27-8-1-15 — Foreign corporations; annual statement and fee; license revocation for failure to file statement; solvency statement from foreign state, with citation guidance and answers to common questions.
§ 27-8-1-15. Foreign corporations; annual statement and fee; license revocation for failure to file statement; solvency statement from foreign state
Sec. 15. Such corporation, association, or society shall pay to the state comptroller, upon filing each annual statement, a fee of ten dollars ($10.00). And in the event of its failure to make such statement on or before the thirty-first day of August of each year, the state comptroller shall revoke its license, and thereafter, or until such statement is made, it shall be deemed to be doing business unlawfully in this state. When the state comptroller of this state shall have reason to doubt the solvency of any such foreign corporation, association, or society, the state comptroller shall accept a statement from the insurance commissioner, or like officer of the state under whose authority it was organized, as prima facie evidence of its solvency.
Formerly: Acts 1883, c.136, s.15. As amended by P.L.9-2024, SEC.487.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 27-8-1-15
What does Indiana Code § 27-8-1-15 cover?
Section 27-8-1-15 ("Foreign corporations; annual statement and fee; license revocation for failure to file statement; solvency statement from foreign state") 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 § 27-8-1-15?
A common citation format is "Indiana Code § 27-8-1-15" (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 § 27-8-1-15 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.