Title 23, BUSINESS AND OTHER ASSOCIATIONS

Sec. 59. The withdrawal under IC 23-0.5-2-4 of a filed record before it is effective or the correction of a filed record under IC 23-0.5-2-5 does not entitle the person on whose behalf the record was filed to a refund of the filing fee. As added by P.L.118-2017, SEC.5.

Sec. 6. The secretary of state shall collect the following fees for filing an annual benefit report for a benefit corporation: (1) Ten dollars ($10) for an electronic filing. (2) Fifteen dollars ($15) for filing in a manner other than electronically. As added by P.L.118-2017, SEC…

Sec. 7. The secretary of state shall collect the following fees for filing a registration for a domestic limited liability partnership: (1) Seventy-five dollars ($75) for an electronic filing. (2) One hundred dollars ($100) for filing in a manner other than electronically. As add…

Sec. 8. The secretary of state shall collect the following fees for filing a certificate of amendment for a domestic limited liability partnership: (1) Twenty dollars ($20) for an electronic filing. (2) Thirty dollars ($30) for filing in a manner other than electronically. As add…

Sec. 9. The secretary of state shall collect the following fees for filing a withdrawal notice for a domestic limited liability partnership: (1) Twenty dollars ($20) for an electronic filing. (2) Thirty dollars ($30) for filing in a manner other than electronically. As added by P…

Sec. 1. A person may not, except in a benefit enforcement proceeding, bring an action or assert a claim against a benefit corporation or its directors or officers with respect to either of the following: (1) The failure to pursue or create: (A) general public benefit; or (B) a sp…

Sec. 2. A benefit corporation is not liable for monetary damages under this article for any failure of the benefit corporation to pursue or create general public benefit or a specific public benefit. As added by P.L.93-2015, SEC.3.

Sec. 3. A benefit enforcement proceeding may be commenced or maintained only: (1) directly by the benefit corporation; or (2) derivatively in accordance with IC 23-1-32 by: (A) a person or group of persons that owned at least two percent (2%) of the total number of shares of a cl…

Sec. 1. Any university or college organized or existing as a corporation under the provision of any special law, or special charter, enacted or granted by the general assembly of this state, and having a board of directors, and being a corporation having capital stock, may, by a …

Sec. 1. (a) A limited partnership is dissolved and its affairs shall be wound up upon the occurrence of the first of the following: (1) At the time specified in the certificate of limited partnership. (2) Upon the occurrence of events specified in the partnership agreement. (3) S…

Sec. 2. On application by or for a partner, the circuit or superior court of the county in which the office of the limited partnership referred to in IC 23-0.5-4 is located may decree dissolution of a limited partnership whenever it is not reasonably practicable to carry on the b…

Sec. 3. (a) Unless otherwise provided in the partnership agreement, the general partners who have not wrongfully dissolved a limited partnership or, if none, the limited partners, may wind up the limited partnership's affairs. However, the circuit or superior court of the county …

Sec. 4. Upon the winding up of a limited partnership, the assets shall be distributed as follows: (1) To creditors, including partners who are creditors, to the extent permitted by law, in satisfaction of liabilities of the limited partnership (whether by payment or by establishm…

Sec. 1. A corporation may provide in articles of incorporation or bylaws that delegates have some or all of the authority of members. As added by P.L.179-1991, SEC.1.

Sec. 2. The articles of incorporation or bylaws may set forth provisions relating to the following: (1) The characteristics, qualifications, rights, limitations, and obligations of delegates, including selection and removal. (2) Calling, noticing, holding, and conducting meetings…

Sec. 1. (a) Unless otherwise provided in a written operating agreement, a limited liability company existing under this article on or before June 30, 1999, is governed by this section. (b) A limited liability company is dissolved and its affairs must be wound up on the first of t…

Sec. 1.1. (a) A limited liability company formed under this article after June 30, 1999, is governed by this section. (b) A limited liability company is dissolved and the limited liability company's affairs must be wound up when the first of the following occurs: (1) At the time …

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 st…

Sec. 2. On application by or for a member, the circuit or superior court of the county in which the limited liability company's principal office, or if there is none in Indiana, in which the registered office is located, may decree dissolution of the limited liability company whe…

Sec. 3. (a) A dissolved limited liability company may only carry on business that is appropriate to wind up and liquidate its business and affairs, including the following: (1) Collecting its assets. (2) Disposing of properties that will not be distributed in kind to members. (3)…

Sec. 4. Unless otherwise provided in a written operating agreement, the following may wind up the business or affairs of the limited liability company: (1) The members or managers with authority to manage the limited liability company under IC 23-18-4-1. (2) If a member or manage…

Sec. 5. (a) Except as provided in subsections (c), (d), and (e), following dissolution a member may bind the limited liability company: (1) by an act appropriate for winding up the affairs of the limited liability company or completing transactions unfinished at the time of disso…

Sec. 6. Upon the winding up of a limited liability company, the assets must be distributed as follows: (1) To creditors, including members and managers who are creditors to the extent permitted by law, to satisfy the liabilities of the limited liability company whether by payment…

Sec. 7. At any time after a limited liability company dissolves, the limited liability company may deliver to the secretary of state for filing articles of dissolution setting forth the following: (1) The name of the limited liability company. (2) The date of filing of the articl…

Sec. 7.5. (a) A limited liability company may revoke its dissolution within one hundred twenty (120) days of its effective date. (b) Revocation of dissolution must be authorized in the same manner as the dissolution was authorized unless the authorization for dissolution permitte…

Sec. 8. (a) As used in this section, "claim" does not include a contingent liability or a claim based on an event occurring after the date of dissolution. (b) A dissolved limited liability company may dispose of the known claims against it by following the procedure described in …

Sec. 9. (a) A dissolved limited liability company may publish notice of its dissolution and request that persons with claims against the limited liability company present them in accordance with the notice. (b) The notice must meet the following requirements: (1) Be published one…

Sec. 1. A loan broker agreement that is delivered or required to be delivered by a licensee to a borrower or prospective borrower must contain the license number of: (1) the loan broker; and (2) each mortgage loan originator; who had contact with the file. As added by P.L.175-201…

Sec. 2. (a) A loan processing company shall maintain records of all residential mortgage loan transactions conducted by the loan processing company as follows: (1) The records required to be maintained under this section are the records pertaining to the part of each transaction …

Sec. 3. If a breach occurs of the security of records that: (1) are maintained by a loan processing company under this chapter; and (2) contain the unencrypted, unredacted personal information of one (1) or more borrowers or prospective borrowers; the loan processing company is s…

Sec. 4. A loan processing company may not dispose of the unencrypted, unredacted personal information of one (1) or more borrowers or prospective borrowers without first shredding, incinerating, mutilating, erasing, or otherwise rendering the information illegible or unusable. As…

Sec. 5. The commissioner may examine the books and records of a loan processing company as often as the commissioner considers necessary to verify that the loan processing company is compliant with this article. As added by P.L.175-2019, SEC.2.

Sec. 6. A loan processor shall comply with all of the following: (1) The federal Truth in Lending Act (15 U.S.C. 1601 et seq.). (2) The federal Real Estate Settlement Procedures Act (12 U.S.C. 2601 et seq.). (3) The federal Equal Credit Opportunity Act (15 U.S.C. 1691 et seq.). (…

Sec. 7. The following are subject to disciplinary proceedings under IC 23-2.5-11 for a violation of this article: (1) A loan processor. (2) A loan processing company. As added by P.L.175-2019, SEC.2.