Section 10A-1-9.21 – Known Claims Against Dissolved Domestic Entity.
Section 10A-1-9.21 Known claims against dissolved domestic entity. (a) A dissolved domestic entity may dispose of the known claims against it by following the procedure described in subsection (b) at any time after the effective date of the dissolution of that dissolved domestic entity. (b) A dissolved domestic entity shall give notice of the dissolution […]
Section 10A-1-9.22 – Unknown Claims Against Dissolved Domestic Entity.
Section 10A-1-9.22 Unknown claims against dissolved domestic entity. (a) A dissolved domestic entity may publish notice of its dissolution and request that persons with claims against the dissolved domestic entity present them in accordance with the notice. (b) The notice authorized by subsection (a) must: (1) Be published at least one time in a newspaper […]
Section 10A-1-9.31 – Revocation of Voluntary Winding Up.
Section 10A-1-9.31 Revocation of voluntary winding up. (a) A domestic entity may revoke a voluntary decision to dissolve the entity by approval of the revocation in the manner and within the time specified in the chapter of this title governing the entity. If the chapter of this title does not specify a time within which […]
Section 10A-1-9.32 – Reinstatement.
Section 10A-1-9.32 Reinstatement. In addition to the grounds for reinstating a dissolved entity pursuant to the chapter of this title applicable to the entity, if the chapter of this title applicable to the entity does not provide for reinstatement, the entity may be reinstated if the legal existence of the entity is necessary to: (1) […]
Section 10A-1-6.26 – Permissive Indemnification of and Reimbursement of Expenses to Witnesses.
Section 10A-1-6.26 Permissive indemnification of and reimbursement of expenses to witnesses. Notwithstanding any other provision of this chapter, an enterprise may pay or reimburse reasonable expenses incurred by a governing person, officer, employee, agent, delegate, or other person in connection with that person’s appearance as a witness or other participation in a proceeding at a […]
Section 10A-1-7.23 – Late Filing Fee.
Section 10A-1-7.23 Late filing fee. The Secretary of State may collect from a foreign filing entity a late filing fee equal to the application for registration fee or the statement of foreign limited liability partnership fee, as applicable, for the foreign filing entity for each year of delinquency if the foreign filing entity has transacted […]
Section 10A-1-9.11 – Event Requiring Winding Up of Domestic Entity.
Section 10A-1-9.11 Event requiring winding up of domestic entity. The dissolution of a domestic entity shall be as specified in the chapter of this title applicable to the entity. (Act 2009-513, p. 967, §75.)
Section 10A-1-6.31 – Insurance and Other Arrangements.
Section 10A-1-6.31 Insurance and other arrangements. (a) Notwithstanding any other provision of this article, an enterprise may purchase or procure or establish and maintain insurance or another arrangement to indemnify or hold harmless an existing or former governing person, delegate, officer, employee, or agent against any liability: (1) asserted against and incurred by the person […]
Section 10A-1-7.24 – Requirements of Other Law.
Section 10A-1-7.24 Requirements of other law. This article does not excuse a foreign filing entity from complying with duties imposed under other law, including other chapters of this title, relating to filing or registering requirements. (Act 2009-513, p. 967, §64; Act 2018-125, §3.)
Section 10A-1-9.12 – Winding Up Procedures.
Section 10A-1-9.12 Winding up procedures. (a) As soon as reasonably practicable after a domestic entity is dissolved, the domestic entity shall: (1) cease to carry on its business, except to the extent necessary to wind up its business; (2) collect and sell its property to the extent the property is not to be distributed in […]